"What money?" she persisted, hollowly, determined now to know all. It might be dreadful to lose one's money—it was dreadful; but to have this man drag her down into his own shame, too—ah!

Willoughby threw up both hands in a gesture of ungovernable petulance. "Oh, what's the use of talking about it?" he growled, and then instantly his voice dropped. "Stella, I'm sorry for your sake. We'll have to begin all over again, dear."

"But you shall talk of it!" she directed, with a cruel and cutting significance in her voice. "You can't hide it from me now."

His mouth opened dumbfoundedly. Then he thrust out his jaw with a reawakened truculency, now aimed at her.

"Well, then—it was the money I took from that fellow—from your old friend, Severance. He was——"

"You took it from him!" she cried. "You mean you STOLE it!"

Willoughby's mouth twitched, as if she had struck him a blow. "So that's the way you look at it now, is it?" he said, his voice quietly effective. "All right, then! I came in here hoping to get a word of sympathy from you—perhaps a little kindness. But I knew it was only a hope." He drew a deep breath. "Now don't work yourself up over him, I warn you, my dear. I won't tell you why I ruined him, years ago, but I'll tell you how. You've called me a thief, so I'll give you some more facts before you jump at conclusions."

"I don't want excuses—it's explanations!"

It was another taunt that struck home, but Willoughby again mastered himself grimly. "Any one of us would have done it," he answered, ignoring the remark. "Severance made it easy. I did to him only what he tried to do to others. When he saw how good the mine was, he wanted me to help him rook them out of their stock, so that we could get it. Simple enough, of course, but they'd been square with me. No, I refused—but I did accommodate him to the extent of doing him out of his own block. He'd mortgaged everything to buy shares, and when he was where I wanted him, all tied up with loans and not able to borrow another cent, I told the mine people what Severance was trying to do. So they put in a ruinous report, and every one from whom he'd borrowed a cent just called his loans and foreclosed on him right and left. He went down and out—and that's all there was to it. Nobody else got hurt, and we divided his stock among us. Can't you see how it was, Stella?" he asked quietly, and stood awaiting her verdict.

"Yes! I see how it was!" she flashed. "It was robbery—you can't excuse yourself."