“Not of necessity, your Highness,” replied Lossenski. “You see they have not pursued us, and the reason for this is that they know that both our air-ships and our submarine vessels are swifter and more powerful than theirs, with two or three exceptions.

“They will not attack us till they can do so on equal terms, and we must take care that they never do that. You have plenty of treasure and plenty of men at your command. Let us retire to our stronghold again and devote ourselves to increasing our strength both by sea and in the air, until we have made ourselves invulnerable.

“And remember, too, Majesty,” he continued with an added meaning in his tone, “Aeria is not the world. There are vast possibilities before you in other directions. I am convinced now that we have made a mistake in attacking the Aerians first. Russia is ripe for revolt, and great quantities of arms have already been manufactured. The tribes of Western Asia need only a leader to take the field, and the Sultan Khalid could put an army millions strong into the field within a few months.

“On the other hand, Anglo-Saxondom is a babel of conflicting opinions, and the mob rules throughout its length and breadth. Where everyone is master there can be no leaders, and those who are without leaders are the natural prey of the strong hand.

“They are wealthy and weak, and divided among themselves. The Aerians have given them over to their own devices. Why should you not, when we have repaired the damage we have suffered, take your aerial squadron to Moscow, proclaim the new revolution, and crown yourself Tsarina in the Kremlin?”

In speaking thus Orloff Lossenski was really only putting into formal shape the project which it had all along been the aim of Olga and her adherents to carry out. There was nothing new in the suggestion save the proposition that the revolution should be proclaimed in Russia, and that Olga should crown herself Tsarina before, instead of after, the attempted subjugation of Aeria.

Up to the present it had been believed that nothing could possibly be done until the power of the Aerians was either crushed or crippled, but the battle of Kerguelen had clearly shown that this was a task far beyond their present resources. Even the mastery of the sea was now no longer theirs, thanks to the two fatal mistakes which Olga had made, first in setting Alan and Alexis free, and second in sending them away from Mount Terror in the swiftest and most powerful vessel in their sea-navy.

Why she had been guilty of this last imprudence she could not even explain to herself. It was one of those mistakes, made in pure thoughtlessness, which again and again have marred the greatest schemes of conquest. Another vessel would have done just as well, save that she would not have performed the errand quite so quickly; but the Narwhal happened to be in readiness at the moment, and as Peter Turgenieff, her commander, was one of Olga’s most trusted sea-captains, she had given him the order to convey Alan and Alexis to the island, and so the fatal error had been committed.

It must, however, be remembered that when she made it, it was impossible for her to foresee its disastrous outcome. She implicitly believed that the two Aerians were completely under the influence of the will-poison, and so utterly unable to think or act independently, or to form and execute the daring design which they had so successfully accomplished.

But now that the mistake had been made, Orloff Lossenski saw that the course he suggested to his mistress offered the only hope of counteracting it. His advice pointed out the shortest road to the attainment of the designs of Olga and her followers; and he gave it in all sincerity, for he was absolutely devoted to Olga’s person and fortune, and the realisation of her ambition was the dearest dream of his own life.