Punctually on the stroke of eight bells a steward emerged from the companion and came aft to inform me that breakfast was served. I inquired if my host and hostess were in the saloon, but was informed that Pharos made it a rule never to rise before midday, and that on this occasion the Fräulein Valerie intended taking the meal in her own cabin and begged me to excuse her. Accordingly, I sat down alone, and when I had finished returned to the deck and lit a cigar. The sea by this time had moderated somewhat and the vessel in consequence was making better progress. For upward of half an hour I tramped the deck religiously and then returned to my favourite position aft. Leaning my elbows on the rail, I stood gazing at the curdling wake, watching the beautiful blending of white and green created by the screw. I was still occupied in this fashion when I heard my name spoken, and, turning, found the Fräulein Valerie standing before me. She was dressed in some dark material, which not only suited her complexion but displayed the exquisite outline of her figure to perfection. "Good-morning, Mr. Forrester," she said, holding out her white hand to me. "I must apologise to you for my rudeness in not having joined you at breakfast; but I was tired and did not feel equal to getting up so early." There was a troubled look in her eyes which told me that while she had not forgotten our interview of two nights before, she was determined not to refer to it in any way or even to permit me to suppose that she remembered it. I accordingly resolved to follow her example, though, if the truth must be confessed, there were certain questions I was more than desirous of putting to her. "Since you are on deck the first morning out, I presume you are fond of the sea?" I said, in a matter-of-fact voice, after we had been standing together for some moments. "I love it," she answered fervently; "and the more so because I am a good sailor. In the old days, when my father was alive, I was never happier than when we were at sea, away from land and all its attendant troubles." She paused, and I saw her eyes fill with tears. In a few moments, however, she recovered her composure and began to talk of the various countries with which we were mutually acquainted. As it soon transpired, she had visited almost every capital in Europe since she had been with Pharos, but for what purpose I could not discover. The most eastern side of Russia and the most western counties of England were equally well known to her. In an unguarded moment I asked her which city she preferred.