"I can explain. You asked me a question about that photograph; and to answer it in a satisfactory manner I shall be forced to tell you something about the family of the girl to whom I am engaged."

"Does your explanation concern the late Sir Gregory Fellenger?"

"Yes. It has a great deal to do with the late Sir Gregory."

"And with Emma Calvert?"

"With the woman you call Emma Calvert."

"Ought I to say Lady Fellenger?" said Fanks, quickly.

Hersham shrugged his shoulders. "That makes no difference to my explanation," he said, and rose to get the photograph off the mantelshelf. "You think that this is the picture of Emma Calvert?"

For answer, Fanks produced the portrait he had found in Fellenger's rooms, and showed it to Hersham. "Is this the picture of Anne Colmer?" he asked.

"No, that is Emma Calvert."

"Then these photographs are those of two different women?"