“She was your friend. But to-day, you having been revealed as a spy of Italy’s enemy, she is no longer your friend. I am still her friend. And that is the reason of my presence here to-day. You were very clever in your escape from Orvieto, when you left her there in expectation. But there are others equally as evasive, I may assure you.” Waldron stood with his hands stuck deep in the pockets of his blue serge suit in an attitude of triumph. He could play the game of bluff equally with anyone, when occasion demanded.

“I shall act exactly as I think proper,” was the spy’s indignant reply.

“You will think proper to hand me over those letters—letters of an innocent girl who has been misled by as clever and cunning a plot as has ever been conceived in the whole history of espionage. I admit that you, Mijoux Flobecq, are an artist. But in this case, you have been betrayed by the patriotism of your unfortunate victim.”

“Ah! She has told you then!” he remarked with a smile of contempt.

“No, I watched and found out for myself,” was Hubert’s reply. “The key plan of which you had so ingeniously contrived to obtain possession, is safe in my hands, and—”

“Because she handed it over to you!” he cried. “Because she grew afraid at the last second. All women do! It seems that her love for me waned,” he added in a strange voice.

“That may be. But can a woman ever really love a man who is suddenly revealed to her as an enemy?” queried the diplomat. “No. You were amazingly clever, M’sieur Flobecq, but your estimate of human nature was entirely wrong. As soon as she knew that you were a spy of Italy’s hereditary enemy, Austria, her love turned to hatred. That was but natural.”

“And she betrayed me?”

“No, she did not. There, you are quite mistaken,” was Hubert’s quick response. “It will surprise you to know that I was in the Hôtel Belle Arti and overheard every word that passed between you. It was there, for the first time, that I realised the truth. And—” He looked straight into the eyes of the spy. ”... and I tell you openly and frankly that I am her friend!”

“Then it was your threat I overheard while speaking to her! Well, and what can you do, pray? She has misled me.”