“You had my note, Mr. Holmes?”

“Yes, but it explained nothing.”

“It was too delicate a thing for me to put the details on paper. And too complicated. It was only face to face I could do it.”

“Well, we are at your disposal.”

“First of all, Mr. Holmes, I think that my employer, Sir Robert, has gone mad.”

Holmes raised his eyebrows. “This is Baker Street, not Harley Street,” said he. “But why do you say so?”

“Well, sir, when a man does one queer thing, or two queer things, there may be a meaning to it, but when everything he does is queer, then you begin to wonder. I believe Shoscombe Prince and the Derby have turned his brain.”

“That is a colt you are running?”

“The best in England, Mr. Holmes. I should know, if anyone does. Now, I’ll be plain with you, for I know you are gentlemen of honour and that it won’t go beyond the room. Sir Robert has got to win this Derby. He’s up to the neck, and it‘s his last chance. Everything he could raise or borrow is on the horse — and at fine odds, too! You can get forties now, but it was nearer the hundred when he began to back him.”

“But how is that if the horse is so good?”

“The public don’t know how good he is. Sir Robert has been been too clever for the touts. He has the Prince’s half-brother out for spins. You can’t tell ’em apart. But there are two lengths in a furlong between them when it comes to a gallop. He thinks of nothing but the horse and the race. His whole life is on it. He’s holding off the Jews till then. If the Prince fails him he is done.”

“It seems a rather desperate gamble, but where does the madness come in?”

“Well, first of all, you have only to look at him. I don’t believe he sleeps at night. He is down at the stables at all hours. His eyes are wild. It has all been too much for his nerves. Then there is his conduct to Lady Beatrice!”

“Ah! What is that?”

“They have always been the best of friends. They had the same tastes, the two of them, and she loved the horses as much as he did. Every day at the same hour she would drive down to see them — and, above all, she loved the Prince. He would prick up his ears when he heard the wheels on the gravel, and he would trot out each morning to the carriage to get his lump of sugar. But that’s all over now.”

“Why?”

“Well, she seems to have lost all interest in the horses. For a week now she has driven past the stables with never so much as ‘Good-morning’! ”

“You think there has been a quarrel?”

“And a bitter, savage, spiteful quarrel at that. Why else would he give away her pet spaniel that she loved as if he were her child? He gave it a few days ago to old Barnes, what keeps the Green Dragon, three miles off, at Crendall.”

“That certainly did seem strange.”

Lupin exclaimed:

"What! Did Daubrecq plot the present business?"

"No, no, that is only an accident. The hateful prophecy was just a wish which he expressed. But oh, how it terrified me! I was ailing at the time; my other son, my little Jacques, had just been born. And every day we heard of some fresh misdeed of Gilbert's - forgeries, swindles - so much so that we spread the news, in our immediate surroundings, of his departure for abroad, followed by his death. Life was a misery; and it became still more so when the political storm burst in which my husband was to meet his death."

"What do you mean?"

"A word will be enough: my husband's name was on the list of the Twenty-seven."

"Ah!"

The veil was suddenly lifted from Lupin's eyes and he saw, as in a flash of lightning, a whole legion of things which, until then, had been hidden in the darkness.

Clarisse Mergy continued, in a firmer voice:

"Yes, his name was on it, but by mistake, by a piece of incredible ill-luck of which he was the victim. It is true that Victorien Mergy was a member of the committee appointed to consider the question of the Two-Seas Canal. It is true that he voted with the members who were in favour of the company's scheme. He was even paid - yes, I tell you so plainly and I will mention the sum - he was paid fifteen thousand francs. But he was paid on behalf of another, of one of his political friends, a man in whom he had absolute confidence and of whom he was the blind, unconscious tool. He thought he was showing his friend a kindness; and it proved his own undoing. It was not until the day after the suicide of the chairman of the company and the disappearance of the secretary, the day on which the affair of the canal was published in the papers, with its whole series of swindles and abominations, that my husband knew that a number of his fellow-members had been bribed and learnt that the mysterious list, of which people suddenly began to speak, mentioned his name with theirs and with the names of other deputies, leaders of parties and influential politicians. Oh, what awful days those were! Would the list be published? Would his name come out? The torture of it! You remember the mad excitement in the Chamber, the atmosphere of terror and denunciation that prevailed. Who owned the list? Nobody could say. It was known to be in existence and that was all. Two names were sacrificed to public odium. Two men were swept away by the storm. And it remained unknown where the denunciation came from and in whose hands the incriminating documents were."

"Daubrecq," suggested Lupin.

"No, no!" cried Madame Mergy. "Daubrecq was nothing at that time: he had not yet appeared upon the scene. No, don't you remember, the truth came out suddenly through the very man who was keeping it back: Germineaux, the ex-minister of justice, a cousin of the chairman of the Canal Company. As he lay dying of consumption, he wrote from his sick-bed to the prefect of police, bequeathing him that list of names, which, he said, would be found, after his death, in an iron chest in the corner of his room. The house was surrounded by police and the prefect took up his quarters by the sick man's bedside. Germineaux died. The chest was opened and found to be empty."