“Why?”

“I am ten years too old!”

“That is resentment!”

Mr. Sabin denied it.

“No! Why should I not be frank with you, my friend? What I would have done for Russia ten years ago, I would not do to-day! She has made friends with the French Republic. She has done more than recognise the existence of that iniquitous institution—she has pressed her friendship upon the president—she has spoken the word of alliance. Henceforth my feeling for Russia has changed. I have no object to gain in her development. I am richer than the richest of her nobles, and there is no title in Europe for which I would exchange my own. You see Russia has absolutely nothing to offer me. On the other hand, what would benefit Russia in Asia would ruin England, and England has given me and many of my kind a shelter, and has even held aloof from France. Of the two countries I would much prefer to aid England. If I had been the means of destroying her Asiatic empire ten years ago it would have been to me to-day a source of lasting regret. There, my friend, I have paid you the compliment of perfect frankness.”

“If,” Felix said slowly, “the price of your success at Teheran should be the breach of our covenants with France—what then? Remember that it is the country whose friendship is pleasing to us, not the government. You cannot seriously doubt but that an autocrat, such as the Czar, would prefer to extend his hand to an Emperor of France than to soil his fingers with the clasp of a tradesman!”

Mr. Sabin shook his head softly. “I have told you why I decline,” he said, “but in my heart there are many other reasons. For one, I am no longer a young man. This last failure of mine has aged me. I have no heart for fresh adventures.”

Felix sighed.

“My mission to you comes,” he said, “at an unfortunate time. For the present, then, I accept defeat.”

“The fault,” Mr. Sabin murmured, “is in no way with you. My refusal was a thing predestined. The Czar himself could not move me.”