"How dare you say I tell lies?" cried the baronet, scowling.

"Because I have had some experience of your capability in that direction. And now I should like to know what you mean by denying that you lent me the three hundred pounds?"

Hale shrugged his unshapely shoulders and sat down with a painful effort, placing his crutch beside him. "You were fool enough to speak to me in the presence of my sister," he said. "I could only say what I did say. Now that we are alone I am willing to answer any questions you may put to me."

"You will answer truthfully, I hope?"

"Assuredly. It is time we understood one another. Go on."

"You lent me three hundred pounds?" said Leo, in the form of a query.

"In gold," assented Sir Frank, coolly.

"Why did you lend it to me in gold?"

"A whim of mine."

"I don't think so," said Leo, slowly. "You had some scheme in your head. I believe you wanted to deny the loan if you found it convenient."