"No," said Mr. Stepney pleasantly.

"May I tell her?"

"Of course."

"Mr. Stepney has been telling me about a wonderful racing coup to be made to-morrow. Isn't it rather thrilling, Jean? He says it will be quite possible for me to make five million francs without any risk at all."

"Except the risk of a million, I suppose," smiled Jean. "Well, are you going to do it?" Lydia shook her head.

"I haven't a million francs in France, for one thing," she said, "and I wouldn't risk it if I had."

And Jean smiled again at the discomfiture which Mr. Marcus Stepney strove manfully to hide.

Later she took his arm and led him into the garden.

"Marcus," she said when they were out of range of the house, "I think you are several kinds of a fool."

"Why?" asked the other, who was not in the best humour.