Every April the horse-show, held annually at the Palais de l'Industrie in the Champs Elysées, is one of the favourite resorts of Parisian society; and on the day when the chargers parade, ridden by lieutenants and sub-lieutenants, quite prepared to break their necks in order to attract the attention of the ladies, a large crowd is invariably present. The attractive gathering took place that year a fortnight after Dargental's tragical demise. Both George Caumont and Adhémar de Puymirol were there, having met each other by appointment at the door. Since their friend's death they had not seen nearly so much of each other as usual. They still lived in the same house, and upon the same floor, but in the morning, instead of going out together as formerly, each of them went his own way, for George had refused to help Adhémar in discovering the murderer, and spent his time in a manner more congenial to his tastes. The fact that Dargental had not committed suicide was now established, but, otherwise, no progress had been made with the investigation. The valet was still in prison, but stoutly protested his innocence, and there was really no evidence against him. Puymirol, who might have furnished a clue as to the truth, remained obstinately silent. Upon being questioned by the magistrate, on the day following the crime, he had contented himself with relating the incidents of the lunch. George Caumont had been equally reticent, and so had Balmer and Blanche Pornic, who were also questioned; and as the valet persisted in his denials, it would be necessary to set him at liberty sooner or later. Puymirol's attempts to obtain an interview with the countess had proved utterly fruitless. Madame de Lescombat received no one, and this was only natural, after the tragical event which had bereft her of her betrothed. A letter which Puymirol had written to her, requesting a private interview, had remained unanswered, and our amateur detective, greatly vexed, was, therefore, reduced to waiting for an opportunity which might never present itself. On trying to console himself by card-playing, he met with a terrible run of ill luck; and finding himself most embarrassed, it is no wonder if he felt dreadfully out of sorts as he strolled that day on Caumont's arm through the crowd inside the Palais de l'Industrie. George, on his side, seemed to be eyeing the occupants of the benches as if in search of some acquaintance. Indeed, he suddenly let go of his friend's arm, and Puymirol exclaimed: "Ah! there's your sweetheart--Well, go and see her. We will meet here during the intermission that follows the hurdle race." "I can not promise to be punctual," replied Caumont, evidently anxious to start off.