"Listen," she continued, "I have borrowed from you three thousand pounds. You left with me to-night—I don't know whether you meant to lend it to me or whether I had it on trust, but you left it in my charge—another thousand pounds. I have lost it all—all, you understand—the four thousand pounds and every penny I have of my own."

He sat quite still. He was watching her through his gold-rimmed spectacles. There was the slightest possible frown upon his forehead. The time for talking of money as though it were a trifle had passed.

"That is a great deal," he said.

"It is a great deal," she admitted. "I owe it to you and I cannot pay. What are you going to do?"

He watched her eagerly. There was a new note in her voice. He paused to consider what it might mean. A single false step now and he might lose all that he had striven for.

"How am I to answer that?" he asked softly. "I will answer it first in the way that seems most natural. I will beg you to accept your losings as a little gift from me—as a proof, if you will, of my friendship."

He had saved the situation. If he had obeyed his first impulse, the affair would have been finished. He realised it as he watched her face, and he shuddered at the thought of his escape. His words obviously disturbed her.

"It is not possible for me," she protested, "to accept money from you."

"Not from Linda's husband?"

She threw her cigarette into the grate and stood looking at him.