Since his partnership with Sir Joseph Vayne, the well-known shipowner, father of Geoffrey's fiancée, he had taken up a prominent position in commercial circles, was a member of the London Chamber of Commerce, took an active part in the various deliberations of that body, and in the City was considered a man of considerable importance.

How we of the world, however shrewd, are deceived by outward appearances!

Of the millions in London there were but two men who knew the truth; who were aware of the actual position held by this German landed proprietor. Indeed, the Count's friends little dreamed that under the outward cloak of careless ease induced by wealth there was a mind endowed with a cunning that was extraordinary, and an ingenuity that was marvellous. Truth to tell, Karl von Beilstein, who posed as the owner of the great Beilstein estates, extending along the beautiful valley of the Moselle, between Alf and Cochem, was not an aristocrat at all, and possessed no estate more tangible than the proverbial château in Spain.

Count von Beilstein was a spy!

His life had been a strangely varied one; few men perhaps had seen more of the world. His biography was recorded in certain police registers. Born in the Jews' quarter at Frankfort, he had, at an early age, turned adventurer, and for some years was well known at Monte Carlo as a successful gamester. But the Fickle Goddess at last forsook him, and under another name he started a bogus loan office in Brussels. This, however, did not last long, for the police one night made a raid on the place, only to discover that Monsieur had flown. An extensive robbery of diamonds in Amsterdam, a theft of bonds while in transit between Hanover and Berlin, and the forgery of a large quantity of Russian rouble notes, were events which followed in quick succession, and in each of them the police detected the adroit hand of the man who now called himself the Count von Beilstein. At last, by sheer ill-luck, he fell into the grip of the law.

He was in St. Petersburg, where he had opened an office in the Bolshaia, and started as a diamond dealer. After a few genuine transactions he obtained possession of gems worth nearly £20,000, and decamped.

But the Russian police were quickly at his heels, and he was arrested in Riga, being subsequently tried and condemned by the Assize Court at St. Petersburg to twelve years' exile in Siberia. In chains, with a convoy of convicts he crossed the Urals, and tramped for weeks on the snow-covered Siberian Post Road.

His name still appears on the register at the forwarding prison of Tomsk, with a note stating that he was sent on to the silver mines of Nertchinsk, the most dreaded in Asiatic Russia.

Yet, strangely enough, within twelve months of his sentence he appeared at Royat-les-Bains, in Auvergne, posing as a Count, and living expensively at one of the best hotels.