"Elsie, my child," cried Madame Davilliers, close beside them, "we are going to return home. You must go in the carriage with monsieur, Henri Le Clerc, and Madame Dubois; they await you in the veranda. Antoinette is speaking English quite well, but exceedingly well, to M. Dérin. He is really most distinguished. He ought to learn French."

"I am afraid he is a little too old, madame," said Glynn.

They were soon at the rendezvous: the carriages were ready, and Glynn having wrapped Elsie's cloak round her, was obliged to let Deering hand her into the carriage, as he had stationed himself at the door.

"Good-night, Miss Lambert; I hope to have the pleasure of seeing you soon again,"—with a little ring of triumph in his tone, and she was whirled away into the soft darkness of the summer night.

"Are you going straight back to your hotel?" said Vincent to Deering, when Madame Davilliers had driven off.

"Yes; I shall return with Mr. Glynn, if he will allow me," courteously to the latter, then abruptly to Vincent, "But I shall expect you to-morrow at 10.30 or eleven. I want to hear more about this wonderful colt."

"Very well; I will wish you good-evening.—Oh, by the way, Madame Davilliers' address is 14, Rue de C——, in case you think of honoring her Friday evenings."

"Thank you; good-evening." Then to Glynn, "Shall we stroll towards the lakes? It is such a fine night, and we shall find a fiacre nearer town."

The two men walked on in silence for a few minutes, and then Deering exclaimed, "One is prepared to pay for tips in racing matters, but not quite so high a price as associating with such men implies; that is an awful cad."

"He is; I was infinitely surprised when I saw you appear in the character of his protégé this evening. How did you come to know him?"