“I’m afraid you can’t do that,” he answered slowly. “You see, there is more in it than I have told you, though I hoped to avoid this side of it. Please put yourself in our place. I come to you with this offer. I don’t know whether you will accept it or turn it down. If you turn it down there is nothing to prevent you, with the information I have just given you, going to the police and claiming the whole secret and prosecuting us. Whether you would be likely to win your case wouldn’t matter. You might, and that would be too big a risk for us. We have therefore in self-defense had to take precautions. And the precautions we have taken are these. Earlswood has been evacuated. Just as we left Hopefield Avenue so we have left Dalton Road. Our party—and Miss Merrill”—he slightly stressed the “and” and in his voice Cheyne sensed a veiled threat—“have taken up their quarters at another house some distance from town. In self-defense we must have your acceptance _before_ further negotiations take place. You must see this for yourself.” “And if I refuse?” Dangle lowered his voice and spoke very earnestly. “Mr. Cheyne, if you refuse you will never see Miss Merrill alive!” Chapter XII In the Enemy’s Lair With some difficulty Cheyne overcame a sudden urge to leap at his companion’s throat. “You infernal scoundrel!” he cried thickly. “Injure a hair of Miss Merrill’s head and you and your confounded friends will hang! I’ll go to Scotland Yard. Do you think I mind about myself?” Dangle gave a cheery smile. “Right, Mr. Cheyne,” he answered briskly, “by all means. Just do go to Scotland Yard and make your complaint. And what are you going to tell them? That Miss Merrill is in the hands of a dangerous gang of ruffians, and must be rescued immediately? And the present address of this gang is—?” He looked quizzically at the other. “I don’t think so. I’m afraid Scotland Yard would be too slow for you. You see, my friends are waiting for a telephone message from me. If that is not received or if it is unsatisfactory—well, don’t let us discuss unpleasant topics, but Miss Merrill will be very, very sorry.” Cheyne choked with rage, but for the moment he found himself unable to reply. That he was being bluffed he had no doubt, and in any other circumstances he would have taken a stronger line. But where Joan Merrill was concerned he could run no risks. It was evident that she really was in the power of the gang. Dangle could not possibly have known about the throwing of the tracing over the wall unless he really had found her as he had described. A very short cogitation convinced Cheyne that these people had him in their toils. Application to Scotland Yard would be useless. No doubt the police could find the conspirators, but they could not find them in time. So far as retaliation or a constructive policy was concerned, he saw that he was down and out.