The game was up, and he knew it. Yet his marvellously active mind was already seeking a way out. He was amazingly resourceful, as later on was shown, when the details of his astounding career came to be revealed.

"Now the true facts are these—and perhaps mademoiselle and the man Senos will be able to supplement them—his Highness the Grand Duke of Luxemburg, about two years ago, granted to an American named Cassell a valuable concession for a strategic railway to run across his country from Echternach, on the eastern, or German, frontier of the Grand Duchy, to Arlon on the Belgian frontier, the Government of the latter State agreeing at the same time to continue the line direct to Sedan, and thus create a main route from Coblenz, on the Rhine, to Paris—a line which Germany had long wanted for military purposes, as it would be of incalculable value in the event of further hostilities with France. This concession, for which the American paid to the Grand Duke a considerable sum, was afterwards purchased by Sir Digby Kemsley—with his Highness's full sanction, he knowing him to be a great English railroad engineer. Meanwhile, as time went on, the Grand Duke was approached by the French Government with a view to rescinding the concession, as it was realised what superiority such a line would give Germany in the event of the massing of her troops in Eastern France. At first the Grand Duke refused to listen, but both Russia and Austria presented their protests, and his Highness found himself in a dilemma. All this was known to you, m'sieur Cane, through one Ludwig Mayer, a German secret agent, who inadvertently spoke about it while you were on a brief visit to Paris. You then resolved to return at once to Peru, make the acquaintance of Sir Digby Kemsley, and obtain the concession. You went, you were fortunate, inasmuch as he was injured and helpless, and you deliberately killed him, and securing the document, sailed for Europe, assuming the identity of the actual purchaser of the concession. Oh, yes!" he laughed, "you were exceedingly cunning and clever, for you did not at once deal with it. No, you went to Luxemburg. You made certain observations and inquiries. You stayed at the Hotel Brasseur for a week, and then, you were afraid to approach the Grand Duke with an offer to sell back the stolen concession, but—well, by that time you had resolved upon a very pretty and romantic plan of action," and he paused for a moment and gazed around at us.

"Then robbery was the motive of the crime in Peru!" I exclaimed.

"Certainly," Frémy replied. "But I will now relate how I came into the inquiry. In the last days of January, I was called in secret to Luxemburg by the Grand Duke, who, when we sat alone together, informed me that his only daughter Stephanie, aged twenty-one, who was a rather erratic young lady, and fond of travelling incognito, had disappeared. The last heard of her was three weeks before—in Paris—where she had, on her return from Egypt, been staying a couple of days at the Hotel Maurice with her aunt, the Grand Duchess of Baden, but she had packed her things and left, and nothing more had been heard of her. Search in her room, however, had revealed two letters, signed 'Phrida,' and addressed to a certain Marie Bracq."

"Why, I never wrote to her in my life!" my love declared, for she had now regained her senses.

"His Highness further revealed to me the fact that his daughter had, while in Egypt, made the acquaintance at the Hotel Savoy on the Island of Elephantine, of the great English railroad engineer, Sir Digby Kemsley, who had purchased a railway concession he had given, and which he was exceedingly anxious to re-purchase and thus continue on friendly terms with France. His daughter, on her return to Luxemburg, and before going to Paris, had mentioned her acquaintance with Sir Digby, and that he held the concession. Therefore, through her intermediary, Sir Digby—who was, of course, none other than this assassin, Cane—went again to Luxemburg and parted with the important document for a quarter of a million francs. That was on the eighth of January."

"After the affair at Harrington Gardens," Edwards remarked.

"Yes; after the murder of Marie Bracq, he lost no time in disposing of the concession."

"It's a lie!" cried the accused. "That girl there killed her. I didn't—she was jealous of her!"

My love shrank at the man's words, yet still clinging to me, her beautiful countenance pale as death, her lips half parted, her eyes staring straight in front of her.