In the library - the door, and that of the ante-room beyond it, carefully closed - his lordship unlocked a secretaire of walnut, very handsomely inlaid, and, drawing up a chair, he sat down to the perusal of the king's letter. When he had read it through, he remained lost in thought a while. At length he looked up and across towards Mr. Caryll, who was standing by one of the windows.

"You are no doubt a confidential agent, sir," said he. "And you will be fully aware of the contents of this letter that you have brought me."

"Fully, my lord," answered Mr. Caryll, "and I venture to hope that his majesty's promises will overcome any hesitation that you may feel."

"His majesty's promises?" said my lord thoughtfully. "His majesty may never have a chance of fulfilling them."

"Very true, sir. But who gambles must set a stake upon the board. Your lordship has been something of a gamester already, and - or so I gather - with little profit. Here is a chance to play another game that may mend the evil fortunes of the last."