The earl was silent for a minute. Then he paced the room. Trent watched his tall, bent form wondering what was to be the outcome.

"Mr. Trent," said the earl pausing before him, "you are either a scoundrel or else the most chivalrous gentleman I have ever known. For the moment I hardly know what to think, or say, or do. If I give you my confidence and you abuse it the public will share the knowledge of a disgrace which now only my enemy knows. If you set me free from my bondage you put me under an obligation that I can never pay. If I let you make the attempt in which two men have given their lives and you fail I shall never forgive myself."

"But my lord," Trent reminded him, "I am a professional. I have never failed. I detest a brawl but I love danger, and life means less to me than you might suppose. If I fail you will never be compromised. I shall want no help nor send any plea for assistance. I work alone—always."

The earl did not answer him directly.

"The hounds met at Michaelstowe this morning," he said, "and I took the opportunity of sending off a wire in reply to this post card which came last night."

Trent looked at it. It was in a language unknown to him.

"It is in Hungarian," Lord Rosecarrel told him, "and it says, 'Please let me know that the report in today's Times that you have accepted office is incorrect.' The telegram I sent to the writer said: 'The report is wrong. I have refused.' There you have my secret. The man who sent the post card, in effect, threatened me with exposure if I came out of retirement."

"Then it is blackmail," Trent breathed.