"Miss Hilman," replied Poubalov, "until this Monday morning I did not know where Mr. Strobel was, and I had not the least suspicion of the truth until late last Friday night."

"Let me sit down," said Clara faintly, "I cannot grasp it all. Tell me, Ivan."

Ivan had conducted her to the chair wherein she had found Dexter a prisoner, and at her last words Poubalov turned away his head with a bitter smile. Not even yet would she trust him to speak the truth!

"We owe our separation," said Ivan, "to the villain who lies there under Poubalov's hand and to him alone. To Poubalov we owe the deliverance. This man Dexter, Clara, is a money lender of the most outrageous type. Your uncle, to tide over a business depression, borrowed nearly a hundred thousand dollars from him. This debt was due to Dexter two days after what was to have been our wedding. I am telling you what Poubalov learned after his suspicions were attracted in the right direction. Tell her, my friend! You can do it better than I."

"Miss Hilman will not believe me," replied Poubalov.

"Oh, but I will!" cried Clara starting from the chair impulsively as she realized the situation. She went to the bed where the spy still sat with his hand over Dexter's mouth, and held out her hand. "Won't you forgive me?" she faltered; "I know I have cruelly misjudged you."

Poubalov raised her hand to his lips and was about to answer when Dexter, the pressure removed from his mouth, scrambled to his knees, clinging to the Russian for support, and screamed, "Pay me! pay me! you're not married yet and you've got to pay me! I'll ruin Mat Pembroke! Pay me! I'll——"

The old man choked, pawed with both palsied hands at his collar and would have fallen from the bed if Poubalov had not turned hastily from Clara and caught him. Clara shrank away, not terrified but shocked at Dexter's appearance, while Palovna hurried across the room to lend a hand.

"He is dying!" exclaimed Clara faintly.