“An hour ago I would have said as much for Arnold’s chances of victory,” said the count.

“I said that Burgoyne’s chance of ultimate victory was impossible, because after his defeat he retreated upon Saratoga. Finding himself surrounded he surrendered his entire force to General Gates.”

A cry of delight went up; the Americans were congratulated heartily.

“It was such news as this that we have been waiting for,” whispered the minister of foreign affairs to the aged commissioner. “From now on things will take a turn; success will await your negotiations now, where only delay and disappointment met you in the past.”

When all had gone save Captain Jones and Ethan Carlyle, Dr. Franklin said:

“You will pardon me, I’m sure. These letters spoke of a document of much importance as being in this packet.”

He broke the great red seals and tore off the covering; then, as they watched him, they saw his face take on a bewildered look.

“What is it?” cried Captain Jones.

“Strange,” said Dr. Franklin. “The entire page is blank save only for one word. Look.”

He held out the sheet, and they found staring them in the face, scrawled in huge, sprawling letters, the name: