“What next?” inquired M. Fauvel.

“The next step was this,” replied M. Verduret. “Clameran, finding that the child was dead, supposed that he could, in spite of this disappointment, obtain money from Mme. Fauvel; he was mistaken. His first attempt failed. Having an inventive turn of mind, he determined that the child should come to life. Among his large circle of rascally acquaintances, he selected a young fellow to impersonate Raoul-Valentin Wilson; and the chosen one stands before you.”

Mme. Fauvel was in a pitiable state. And yet she began to feel a ray of hope; her acute anxiety had so long tortured her, that the truth was a relief; she would thank Heaven if this wicked man was proved to be no son of hers.

“Can this be possible?” she murmured, “can it be?”

“Impossible!” cried the banker: “an infamous plot like this could not be executed in our midst!”

“All this is false!” said Raoul boldly. “It is a lie!”

M. Verduret turned to Raoul, and, bowing with ironical respect, said:

“Monsieur desires proofs, does he? Monsieur shall certainly have convincing ones. I have just left a friend of mine, M. Palot, who brought me valuable information from London. Now, my young gentleman, I will tell you the little story he told me, and then you can give your opinion of it.

“In 1847 Lord Murray, a wealthy and generous nobleman, had a jockey named Spencer, of whom he was very fond. At the Epsom races, this jockey was thrown from his horse, and killed. Lord Murray grieved over the loss of his favorite, and, having no children of his own, declared his intention of adopting Spencer’s son, who was then but four years old.

“Thus James Spencer was brought up in affluence, as heir to the immense wealth of the noble lord. He was a handsome, intelligent boy, and gave satisfaction to his protector until he was sixteen years of age; when he became intimate with a worthless set of people, and turned out badly.