"Go on," said the woman, turning again to Jem. "Tell me all about this person who seems to have come out in Lord Harway's yacht."

Jem detailed his work in London in trying to check Old Broadbrim, and Belle Demona listened attentively.

"It was a slip between cup and lip, but I don't blame you. There's the man who should have watched him," and she pointed toward Merle whose face lost color.

"I thought I was safe when I left it to Jem," was the answer.

"I'll take the blame," said the man just from London. "I've missed him in Sydney, for which place the yacht sailed, and I have failed to find him in Melbourne."

"He's there," said Merle, with a smile.

"Looking for you?"

"No, but he's there, I say."

"Then he may come on here. We should look out."

"Never fear that," laughed the other. "Dead men tell no tales, you know, Jem."