"And were you?"

"On the contrary, at the very hour, when his spies informed him I was dancing on a table in a low part of the east end, and shouting that the Mackenzie report was a forgery—"

Ronnie went pale. "Good God! You never said that?" he gasped.

"Of course not. If I had, it would be a serious thing for me. I, Paul Moropulos, tell you, Ronald Morelle, that it would be a disastrous thing for me. Just now my relations with dear Jan are—er—strained. I do not wish a breach."

"But surely if Steppe's men say—"

"'Let them say,'" quoted Moropulos, "it is what I say, and you say, and somebody else says, that counts, for at the very moment I was supposed to be misbehaving," he emphasized his words, "I was dining with you and the lovely Miss Merville in your flat."

"What! Why, that is a lie!"

"What is one lie worse than another? Observe I give you the date; it was one day before the charming Miss Merville spent the night with you alone in your very beautiful flat." Had the floor collapsed, Ronald Morelle could not have received a worse shock.

"I recognize your embarrassment and sympathize with you," said Moropulos, "but it is essential for my happiness and ultimate prosperity, that both you and Miss Merville should testify that I dined with you on the previous night."

Ronnie had nothing to say. He had not yet realized the tremendous import of the man's threat.