“Then the truth is that without money to provide means of escape you have even sacrificed your chances of liberty, in order to return my jewels to me!” she exclaimed, for the first time realising the true position.

He made no response; his silence was an affirmative. Kinder, who had spoken no word, sat looking at her, entirely absorbed by her grace and beauty.

“Well,” she exclaimed at last, “I wonder if you would all three do me another small favour?”

“We shall be only too delighted,” was Bourne’s quick reply. “Only please understand, your Highness, that we accept these earrings out of pure necessity. If we were not so sorely in need of money, we should most certainly refuse.”

“Do not let us mention them again,” she said quickly. “Listen. The fact is this. I have very little ready money, and do not wish at this moment to reveal my whereabouts by applying to my lawyers in Vienna or in Treysa. Therefore it will be best to sell some of my jewellery—say one thousand pounds’ worth. Could you arrange this for me?”

“Certainly,” Roddy replied, “with the greatest pleasure. For that single row diamond necklet we could get from a thousand to twelve hundred pounds—if that amount is sufficient.”

She reopened the bag, and after searching in the fickle light shed by the street lamps she at length pulled out the necklet in question—one of the least valuable of the heap of jewels that had been restored to her in so curious and romantic a manner.

The old jewel thief took it, weighed it in his hand, and examined it critically under the feeble light. He had already valued it on the day when he had secured it. It was worth in the market about four thousand pounds, but in the secret channel where he would sell it he would not obtain more than twelve hundred for it, as, whatever he said, the purchaser would still believe it to be stolen property, and would therefore have the stones re-cut and reset.

“You might try Père Perrin,” Guy remarked. “It would be quicker to take it to him than to send it to Amsterdam or Leyden.”

“Or why not old Lestocard, in Brussels? He always gives decent prices, and is as safe as anybody,” suggested Kinder.