Elsie bent her head. The moment had almost arrived, and she was afraid. She had come with the intention of clearing her brother and her lover at the cost of letting her guardian know that he was insane. A dreadful price to pay for their honour. But it had to be paid. And it must be done in the sight of all, so that there should be no possible margin left for malignity or suspicion. 'This business,' she said, 'concerns the honour of the two men who are dearer to me than all the world beside. Remember that--nothing short of that would make me do what I have been doing--what I am now doing. Their honour--oh! their honour. Think what it means to them. Self-respect, dignity, everything: the happiness of their homes: the pride of their children. Compared with one man's honour, what matters another man's humiliation? What matters the loss of that man's self-respect? What matters his loss of dignity? Their honour, Mr. Dering, think of that--their honour!' He bowed his head gravely, wondering what was to follow. 'A man's honour, as you say, Elsie, is the greatest thing in the world to him. Compared with that, another man's self-respect need not, I should say, as a general principle, be considered at all. Self-respect may be regained unless honour is lost.' 'Remember that, then, Mr. Dering, when you hear what I have to say. Promise me to remember that. Oh! if there were a thousand reasons, formerly, why I would not pain you by a single word, there are ten thousand now--although you understand them not.' 'Why, Elsie, you are troubling your little head about trifles. You will not offend me whatever you say.' 'It is so important a thing,' she went on, 'that I have asked my mother and sister and Sir Samuel to meet us here at four o'clock, in order that they, too, may hear as well as you. Athelstan is with George. They have one or two persons to introduce to you.' 'All this seems to promise a meeting of some interest, and so far as one may judge from the preamble, of more than common importance. Well, Elsie, I am quite in your hands. If you and your brother between you will kindly produce the forger and give me back my property, I shall be truly grateful.' 'You shall see, Mr. Dering. But as for the gratitude----Oh! here is Sir Samuel.' The City knight appeared, large and important. He shook hands with Elsie and his brother, and took up his position on the hearth-rug, behind his brother's chair. 'Well, Elsie,' he said, 'we are to hear something very important indeed, if one may judge by the tone of your letter, which was imperative.' 'Very important indeed, Sir Samuel.' The next to arrive were Mrs. Arundel and Hilda. They wore thick veils, and Hilda was dressed in a kind of half-mourning. They took chairs at the open window, between the historic safe and the equally historic small table. Lastly, George and Athelstan walked in. They received no greetings.