"Yes, it does."

"Really? What?"

"A miniature to which my poor mother was very much attached, because it is a portrait of her grandmother painted for George III."

"It has just a sentimental value, therefore?"

"Oh dear no! My mother had it set in all her finest pearls, which gives it an inestimable value to-day. Thinking of the future, she left me, in this way, a fortune of my own."

Simon laughed:

"And that's the safe!"

"Yes, that's the safe!" she said, joining in his laughter. "The miniature is pinned to the middle of the rug, between the straps where no one would think of looking for it. You're laughing, but I am superstitious where that miniature is concerned. It's a sort of talisman. . . ."

For some time they spoke no further. The coast had disappeared from sight. The swell was increasing and the Queen Mary was rolling a little.

At this moment they were passing a beautiful white yacht.