"Yes, I do quite well."

"Well, do you notice where it leads to?"

"Oh yes, it leads down to the rock covered with houses which I see to the East."

"That is Monaco. Down below on the West—you cannot see it from here—is the bathing beach of Condamine, and the chapel of Saint Devote, the patron saint of Monaco, and there on the rocky slopes of the Spelugues hard by to the north of the bay are grouped the various buildings of the Casino, surrounded by villas, beautiful gardens and hotels which are largely patronised by the players. That finely decorated building standing on the edge of the cliff by the gardens of St. Martin is the Oceanographic museum which is filled by the wonderful collection of marine products collected by the Prince of Monaco. A most interesting exhibit, I assure you, and one which I am never tired of visiting. But that is not what I have come here to see this time.

"Look," said the professor, continuing the conversation as he pointed to the Casino, "that is the sole object of our expedition, and when I have done my business there, I intend to return to Paris."

"But surely, professor, you are not going to waste your time in playing at the Casino?" said Payot and Renée in the same breath. "We never knew you gambled."

"I never gamble—when I play, I play with knowledge, and I intend to teach the Casino Company and their dupes a lesson which they will never forget, and I trust we shall all profit by it."

"You speak in enigmas, professor," said Payot.

"All truth is an enigma, sir," replied Delapine with a quiet and somewhat cynical smile, and at the same time throwing at Payot one of those piercing glances with which he so frequently electrified his audiences.