"By this," answered Peter holding up the revolver. "I will extract all but one cartridge and return you the weapon. If you are still intent upon my life the instrument is in your hands—only, remember, you cannot fire a second shot. Here you are. I give you five minutes to decide."

Slowly Barcroft crossed the room and descended the stairs. Only then did his calmness give way—and it required plenty of courage to deliberately turn away from a loaded weapon in the hands of a vindictive spy.

Entering the dining-room Peter sank into a chair and rested his head on his hands. Only the loud ticking of the grandfather clock disturbed the silence until the door was pushed open and Philip Entwistle entered.

"Hullo!" he exclaimed. "What's wrong now? Has Norton——?"

"I have made a very remarkable discovery," said Peter. "Andrew Norton is a German spy."

"Indeed?" was Entwistle's rejoinder.

"Accidentally I found some incriminating writing. He saw what I had done and let rip at me with a revolver. Needless to say he missed."

"That's the third lucky escape you've had from his murderous intentions," remarked Entwistle quietly. "I can tell you now. He tried either to murder or kidnap you by means of the Zeppelin that came to Barborough. That the authorities gathered from one of the crew when the airship was wrecked in the North Sea a few days ago and the men rescued by a British patrol boat. Secondly, he did his level best to shoot you in the back this morning——"

"Is that so?" asked Barcroft. "I can just understand a man doing such a thing through violent personal motives, but for a mere international reason——"

"My dear fellow, there was the sum of ten thousand marks waiting to be earned."