"But it seems partial."

"So it does to me. That is the reason why I want your help. You see that there are several things about it which give it an incomplete character. First, the mixture of initials; then, the interchange of the first and third persons. At one moment the writer speaking of Pomeroy as a third person, running off with Lady Chetwynde, and again saying he himself fell in with her. Then there are incomplete sentences, such as, 'Fell in with Lady Mary Chetwynde--'"

"I know all that, but I have two ways of accounting for it."

"What?"

"First, that the writer became confused in writing the cipher characters and made mistakes."

"That is probable," said Gualtier. "What is another way?"

"That he wrote it this way on purpose to baffle."

"I think the first idea is the best: if he had wished to baffle he never would have written it at all."

"No; but somebody else might have written it in his name thus secretly and guardedly. Some one who wished for vengeance, and tried this way."

Gualtier said nothing in reply, but looked earnestly at Miss Krieff.