"You don't know for certain what they were about?"

"I think I do," she replied. "I believe they contained the text of the agreement between Immelan and Prince Shan. I believe they would have shown us exactly what we have to fear."

He stood there for a moment thoughtfully.

"To-night," he said, "I find it difficult to concentrate upon these things. Naida was extraordinarily hopeful. She has seen Prince Shan, and between them I believe that they have decided to let Oscar Immelan's scheme alone. Karschoff, too, has heard rumours. He is of the same opinion. Somehow or other, though, I seem to have lost my sense of perspective. A greater fear has come into my heart, Maggie."

She rose to her feet and laid her hands upon his shoulders.

"Nigel," she whispered, "I cannot answer you. I cannot say what you would like me to say, although, on the other hand, there is no surety of what you seem to fear. I am going to bed. I am very tired."

A feeble shaft of sunlight stole into the room, flickered and passed away, then suddenly reappeared. Nigel turned and opened the door, and she passed out, curiously silent and absorbed. He looked after her, perplexed and worried. Suddenly a strangely commonplace, yet—in the silence of the house and the great hall—an almost dramatic sound startled him. The front doorbell rang sharply. After a moment's hesitation, he hurried to it himself. Karschoff stood upon the steps, still in his evening clothes, his face a little drawn and haggard in the bright light.

"I could not resist coming in, Nigel," he said. "I saw the light in the study from outside. Is there any definite news?"

Nigel drew him inside.

"There are indications," he replied cautiously, "that the present danger is passing."