"Oh, but you must not lose your way again," he said. "Come with me and I will see that you take the right path. I suppose you are a stranger."

"I have never been here before," the fat man said with unnecessary energy. "This part of the country is unknown to me. So that is Maldon Grange? I recognize the dormer window which——"

The stranger paused and muttered something in confusion. Then he immediately proceeded to descant on the beauty of the landscape. There was nothing about the man to suggest criminal intent, but Wilfrid disliked him more and more. Beyond all doubt he was no stranger in this quarter. As Wilfrid turned down one field-path to another, the man turned with him without hesitation and by the time they had emerged into the fields in front of Maldon Grange, Mercer was satisfied that the stranger knew his way about better than he did himself.

"I am going to stop here," he said. "If you will follow that laurel track you will come to a gate leading to the road, and a few hundred yards farther down is the farm you speak of."

The stranger was profuse in his thanks. Once more he raised his hat with a flourish and went rapidly down the laurel path. After a moment's hesitation Wilfrid turned on his heel and followed. He knew the path twisted and wound along the edge of the plantation. He had only to make a detour and then, by looking through the bushes, he could see what the stranger was after. Cautiously making his way along, by and by he peeped through the bushes and saw the stranger nearly opposite him with a broad smile on his face and a look of amusement in his eyes. Face to face with the intruder was Cotter. The latter's features had acquired a dull green hue and his jaw dropped. He was a picture of abject terror.

"Ah, so you had not expected me," the stranger said. "You thought you were done with me. That was a mistake. When Dr. Jansen makes up his mind to a thing he is not easily discouraged. I have been waiting years for the right time and it has come at last. But you need not be afraid. Come, what have you to fear? Believe me, yonder ship is sinking. Oh, it is a magnificent vessel, and the owner is a fortunate man, but she will founder all the same. It may go down this very night. Come, friend Cotter, am I not speaking the truth?"

The last few words came with a muttered ferocity which contrasted grimly with Jansen's previously jocular humour. Cotter made no reply. He stood rubbing his hands together as if the palms were wet and he could find no way to dry them.

"It may be now," Jansen went on. "It may have happened for all you know to the contrary since you left the house. A clever man like you makes few blunders. The only mistake you have ever made was to think you could escape the vengeance and had seen the last of me. And what have I come for, friend Cotter? I have come to see the end and you know it as well as I do."

"What are you talking about?" Cotter stammered.

"Oh, you know—perfectly well," Jansen sneered. "Take my advice. Leave the sinking ship and throw in your lot with me. But make no error; keep nothing from me, for I know everything. Strange that with your knowledge of the world you should cling to Samuel Flower when his life is not worth an hour's purchase. Think it over, my good Cotter. I am not coming to Maldon Grange but I will not be far away. I find the country good for my health and have rooms at that farmhouse down the road. It may be that I shall do nothing for a fortnight. It may be that I shall strike at once. It is for you to say whether you will be on the winning side or not. But I waste my time with you. Why should I worry over a creature like you? You are not worth it."