"Again I ask you why should I spare you?" he repeated; "are you not afraid of my vengeance, Xenie St. John?"

"No, I am not afraid," she repeated, defiantly, yet even as she spoke he saw that a shudder that was not of the morning's cold shook her graceful form. A sudden consciousness of the truth that lurked in his words had rushed over her.

"Yes, we are deadly foes," she repeated to herself, with a deeper consciousness of the meaning of those words than she had ever had before. "Why should he spare me, since I am wholly in his power?"

His voice broke in suddenly on her swift, tumultuous thoughts, making her start with its cold abruptness.

"Ah, I see that you begin to realize your position," he said, icily. "What is your revenge worth now in this moment of your deadly peril? Is it dearer to you than your life?"

"Yes, it is dearer to me than my life," she answered, steadily. "If nothing but my life would buy revenge for me I would give it freely!"

He regarded her a moment with a proud, silent scorn. She returned the gaze with interest, but even in her passionate anger and hatred she could not help owning to her secret heart that she had never seen him looking so handsome as he did just then in the rough but well-fitting tweed suit, with the glow of the morning on his fair face, and that light of scorn in his dark-blue eyes.

Suddenly he spoke:

"Well, go your way, Xenie St. John. You are in my way, but it is not by this means I will remove you from it. I am not a murderer—your life is safe from my vengeance. Yet I warn you not to go further in your wild scheme of vengeance against me. It can only result in disaster to yourself. I am forewarned of your intentions and your wicked plot. You can never wrest from me the inheritance that Uncle John intended for me!"