Felix Krail lay dead upon the flagstones. He had taken his life by poison—probably the same poison he had placed in the wine at the fatal picnic—rather than face his accuser and bear his just punishment.

* * * * *

Many months have now passed. A good deal has occurred since that never-to-be-forgotten day, but it is all quickly related.

James Flockart, unmasked as he has been, never dared to return. The last heard of him was six months ago, in Honduras, where for the first time in his life he had been compelled to work for his living, and had, three weeks after landing, succumbed to fever.

At Sir Henry's urgent request, his wife came back to Glencardine a week after the tragic end of Gerlach, and was compelled to make full confession how, under the man's sinister influence, both she and Flockart had been forced to act. To her husband she proved beyond all doubt that she had been in complete ignorance of the truth concerning the affair in the Pontarmé Forest until long afterwards. She had at first believed Gabrielle guilty of the deed, but when she learned the truth and saw how deeply she had been implicated it was impossible for her then to withdraw.

With a whole-hearted generosity seldom found in men, Sir Henry, after long reflection and a desperate struggle with himself, forgave her, and now has the satisfaction of knowing that she prefers quiet, healthful Glencardine to the social gaieties of Park Street, Paris, or San Remo, while she and Gabrielle have lately become devoted to each other.

The secret syndicate, with Sir Henry Heyburn at its head, still operates, for no word of its existence has leaked out to either financial circles or to the public, while the Whispers of Glencardine are still believed in and dreaded by the whole countryside across the Ochils.

Edgar Hamilton, though compelled to return to the Baron, whose right hand he is, often travels to Glencardine with confidential messages, and documents for signature, and is, of course, an ever-welcome guest.

The unpretentious house of Lénard et Morellet of Paris now and then effects deals so enormous that financial circles are staggered, and the world stands amazed. The true facts of who is actually behind that apparently unimportant firm are, however, still rigorously and ingeniously concealed.

Who would ever dream that that quiet, grey-faced man with the sightless eyes, living far away up in Scotland, passing his hours of darkness with his old bronze seals or his knitting, was the brain which directed their marvellously successful operations!