"You won? You mean—?"

He had taken the declaration from his pocket-book and for answer handed it to her. With a manifest effort to control her feelings she read it eagerly. Then her voice trembled as she spoke.

"Mr. Gifford, what can I say? I wish I knew how to thank you."

"Please don't try," he replied lightly. "If you only knew the pleasure it has given me to get the better of this fellow you would hardly consider thanks necessary. Would you care to hear a short account of what happened?" he added tactfully, with the intention, seeing how painful the revulsion was, of giving her time to recover from her agitation.

"Please; do tell me." She spoke mechanically, still hardly able to trust her voice above a whisper.

They sat down and he related the salient points of his interview with Henshaw. "It was lucky that I happened to have something of a hold over him," he concluded with a laugh; "Mr. Gervase Henshaw is not wanting in determination, and it took a long time to persuade him that he could not possibly win the game he was playing; but he stood to lose more heavily than he could afford. The conclusion, however, was at last borne in upon him that the position he had taken up was untenable, and that paper is the result."

"That paper," she said in a low voice, "means life to me instead of a living death; it means more than I can tell you, more than even you can understand."

He had risen, but before he could speak she had come to him and impulsively taken his hand. "Mr. Gifford," she said, "tell me how I can repay you."

Her eyes met his; they were full of gratitude and something more. But he resisted the temptation to answer her question in the way it was plain to him he was invited to do.

"It is reward enough for me to have served you," he responded steadily.
"Seeing that chance gave me the power, I could do no less."