"You did not need to, Miss Hilman. Your reason tells you that Mr. Strobel was happy and confident of the future until suddenly one Poubalov appears before him like the ghost of past misfortunes and as a prophet of new ones."

"I assure you," interrupted Clara again, "that I did not know that you were not an intimate friend of Mr. Strobel's; I spoke simply of natural inferences."

"My dear young lady," said the Russian, "you were helpless in the hands of your own reason."

Clara was silent. She felt instinctively that her analysis was correct and that she was facing, if not one of Ivan's enemies, at the least a man who represented all that might be hostile to him; and when she had endeavored to withdraw some of the force of her reasoning, he himself had held her to her conclusions and clinched them.

"It was my intention," continued Poubalov, "to learn from Mrs. White who you were, that I might solicit the privilege of calling upon you and laying before you what is in my knowledge concerning Mr. Strobel, for I fear that I may——"

He stopped abruptly and looked from one to another of the wondering ladies.

"Go on, please," exclaimed Clara, now stirred by a growing agitation; "if you can give us the faintest light it would be cruel to withhold it."

"May I hope that no offense will be taken," said Poubalov, "if I say that I planned to tell these things to you only? I will be pleased to call at your own convenience."

"No, no!" replied Clara, rising; "I must know now. Tell me here. Mrs. White, may we step into your dining-room?"

Louise and the landlady had risen at the same moment, and Mrs. White said: