"It is unfortunately more than possible; it is certain. Neither you nor your son knew the true character of this man when you admitted him into your family circle. He is one of the most dangerous men in England–a ruined gambler, an absolutely desperate villain, a man without heart or conscience. Your niece knew nothing of such men. When he breathed his vows to her, as he had done to a hundred before her, she flattered herself that she alone had touched his heart. The devil knows best what he said, but at least she became his tool and was in the habit of seeing him nearly every evening."

"I cannot, and I will not, believe it!" cried the banker with an ashen face.

"I will tell you, then, what occurred in your house last night. Your niece, when you had, as she thought, gone to your room, slipped down and talked to her lover through the window which leads into the stable lane. His footmarks had pressed right through the snow, so long had he stood there. She told him of the coronet. His wicked lust for gold kindled at the news, and he bent her to his will. I have no doubt that she loved you, but there are women in whom the love of a lover extinguishes all other loves, and I think that she must have been one. She had hardly listened to his instructions when she saw you coming downstairs, on which she closed the window rapidly and told you about one of the servants' escapade with her wooden-legged lover, which was all perfectly true.

"Your boy, Arthur, went to bed after his interview with you but he slept badly on account of his uneasiness about his club debts. In the middle of the night he heard a soft tread pass his door, so he rose and, looking out, was surprised to see his cousin walking very stealthily along the passage until she disappeared into your dressing-room. Petrified with astonishment, the lad slipped on some clothes and waited there in the dark to see what would come of this strange affair. Presently she emerged from the room again, and in the light of the passage-lamp your son saw that she carried the precious coronet in her hands. She passed down the stairs, and he, thrilling with horror, ran along and slipped behind the curtain near your door, whence he could see what passed in the hall beneath. He saw her stealthily open the window, hand out the coronet to someone in the gloom, and then closing it once more hurry back to her room, passing quite close to where he stood hid behind the curtain.

"As long as she was on the scene he could not take any action without a horrible exposure of the woman whom he loved. But the instant that she was gone he realised how crushing a misfortune this would be for you, and how all-important it was to set it right. He rushed down, just as he was, in his bare feet, opened the window, sprang out into the snow, and ran down the lane, where he could see a dark figure in the moonlight. Sir George Burnwell tried to get away, but Arthur caught him, and there was a struggle between them, your lad tugging at one side of the coronet, and his opponent at the other. In the scuffle, your son struck Sir George and cut him over the eye. Then something suddenly snapped, and your son, finding that he had the coronet in his hands, rushed back, closed the window, ascended to your room, and had just observed that the coronet had been twisted in the struggle and was endeavouring to straighten it when you appeared upon the scene."