"A note," Fisher said, and gave her a folded paper. "It was found on his dressing-table, addressed to you. His servant brought it to me."

Molly's hand trembled as she took the missive.

Fisher turned away from her, and stood before the window in dead silence. There was a long, quiet pause. Then a sudden sound made him swing swiftly round and stride to the door to turn the key. The next moment he was stooping over Molly, who had sunk down on the hearth-rug and was sobbing terrible, anguished sobs.

He lifted her to a chair with no fuss of words, and knelt beside her, stroking her hair, comforting her, with something of a woman's tenderness.

Molly suffered him passively, and the first wild agony of her trouble spent itself unrestrained on his shoulder. Then she grew calmer, and presently begged him in a whisper to read the message which Charlie had left behind him.

For a moment Fisher hesitated; then, as she repeated her desire, he took up the scrawl and deliberately read it through. It had evidently been written immediately after his interview with the writer.

"Dear Molly," the note said, "It's all right with Fisher, so don't you worry yourself! I clear out to-morrow, so that there may be no awkwardness, but we haven't quarrelled, he and I. Forget all about this business! It's been a mistake from start to finish. I ought to have known that I was only fit to be a looker-on when I fell at the first fence. You put your money on Fisher and you'll never lose a halfpenny! I'm nothing but a humble spectator, and I wish you—and him also—the best of luck. If I might be permitted, to offer a little, serious, fatherly advice, it would be this:

"Don't let yourself get dazzled by the outside shine of any man's actions! A man isn't necessarily a hero because he doesn't run away. It is the true-hearted, steady-going chaps like Fisher who keep the world wagging. They are the solid material. The others are only a sort of trimming stuck on for effect and torn off when the time comes for something new. So marry the man you love, Molly, and forget that anyone else ever made a fool of himself for your sweet sake!

"Your friend for ever,

"Charlie."