“You have found it!” exclaimed Eustacie. “But why is it important?”

He put her aside, and sitting down at the table, subjected the quizzing-glass to a minute inspection. The others gathered round him, even Sir Hugh betraying a mild interest.

“Myself I like ’em made slimmer,” remarked Ludovic. “The shaft’s too thick. Clumsy.”

Sir Tristram said dryly: “I think there is a reason.” He had picked up Sir Hugh’s eyeglass, and through its magnifying lens was looking at the heavily-encrusted circlet at the end of the shaft, through which a ribbon was meant to pass. He put Sir Hugh’s glass down and inserted his thumb-nail into a groove on the circlet.

There was a tiny click; the circle parted, and something fell out of it on to the table, rolled a little way, and lay still.

“The talisman ring!” said Sir Tristram.

Chapter Fourteen

A sound almost like a sob broke from Ludovic. His hand shot out across the table and snatched up the ring. “My ring!” he whispered. “My ring!”

“Well, upon my soul, that’s a devilish cunning device!” said Sir Hugh, taking the quizzing-glass out of Shield’s hand. “You see, Sally? The ring fitted into the circlet at the end of the shaft.”

“Yes, dear,” said Miss Thane. “I see it did. When I think how it has been lying where anyone might have found it I feel quite faint with horror.”