more interesting than useful. Now it appeared that the talismanic word was being used to lure him to meet a stranger, who--as the advertisement put it--would tell him of something greatly to his advantage. Owain, having reached this point of his meditations, rose to pace the room and consider the position. He was of two minds about answering the summons, since an open-air meeting seemed scarcely business-like or even reasonable. Also it was now the last week in June, and the appointment was arranged for the first day of July. But on the tenth day of that month came Owain's birthday, when he would be placed in possession of the papers for which he had waited so long. The young man considered, prudently enough, that it would be just as well to curb his curiosity for nine days, as the documents might throw some light on the admittedly odd advertisement. If he obeyed the summons to the Gipsy Stile, Cookley, Essex, on the first of July, he would be at the disadvantage of being in the dark, since he would know nothing, while the person who met him would know much. The rough-and-tumble life which he had led since the death of his father inclined Owain to prudence, as he knew from dire experience what tricky people there were in the world. Therefore he determined to take no notice of the advertisement--at all events for the present, since he had a week to think over the matter--and calmly wait until he became possessed of the papers on his twenty-fifth birthday. Finally, he resolved to say nothing to Spruce, who, luckily, had not yet returned, and to ask Madame Alpenny to keep the Nut in ignorance of the advertisement. He certainly would have to be more or less frank with the Hungarian lady, since she had drawn his attention to the notice in The Express. Madame Alpenny was full of curiosity when she met Hench at afternoon tea, and, as they had the room to themselves, she immediately proceeded to ask questions. Hench baffled her as well as he could, but found it difficult to do so. She appeared to be certain that he was more of a mystery than ever, and insisted upon scenting a fortune in the same. Naturally, as Zara's mother, she was anxious to know if her belief was correct, as then Hench could make the girl his wife and supply a meritorious mother-in-law with ample funds. As usual, she wore her eternal orange-spotted dress, her shabby bead mantle and her flamboyant picture hat, looking quite a merry old blackguard of an adventuress. Hench had