IT was all over. Iris had sent in her money. She was in a small lodging found for her by Fanny Mere, who called her cousin. She stayed indoors all day long, afraid of stirring abroad; afraid to read the papers; afraid that her husband was arrested on the charge of conspiracy and fraud; afraid that some kind of hue and cry might be out after her.

Therefore, when she heard a manly step on the stair, she started and turned pale, expecting nothing short of an armed messenger of the law. She never was in this danger for a single minute, but conscience made a coward of her.

The step was that of Hugh Mountjoy.

“I found you out,” he said, “by means of Fanny. The girl knew that she was safe in letting me know your secret. Why are you in concealment?”

“You cannot know all, or you would not ask me that.”

“I do know all; and again I ask, why are you in concealment?”

“Because — Oh, Hugh — spare me!”

“I know all, which is the reason why I cannot choose but come to see you. Come out of this poor place; resume your own name. There is no reason why you should not. You were not present at Passy when this conspiracy was hatched; you got there after the funeral. You, naturally, went to see the family solicitors. Iris, what has the conspiracy to do with you?” It will be observed that Hugh had not read the letter written to the Directors of the Company.

“Do you know about the money?”

“Certainly. You sent back all that you could — five thousand pounds. That showed your own innocence —”

“Hugh, you know that I am guilty.”

“The world will think that you are innocent. At any rate, you can come out and go about without fear. Tell me, what are your plans?”

“I have no plans. I only want to hide my head — somewhere.”

“Yes; we will talk about that presently. Meantime, I have some news for you.”

“News? What news?”

“Really good news. I have to tell you a thing which will surprise you.”

“Good news? What good news is there for me?”

“Your husband has sent back the whole of the money.”

“Sent back? To the Insurance Office?”

“All has been sent back. He wrote two letters — one to the solicitors and the other to the Insurance Company. It is not likely now that anything can be said, because the Directors have accepted the money. Moreover, it appears that they might have proceeded against the lawyers for the recovery of the money, but that they have nothing to do either with you or with Lord Harry Norland. That is a difficult point, however. Somebody, it seems, has compounded — or is going to compound — a felony. I do............