Hornby took the head of the table, and we sat on either side of him, chatting merrily while we ate one of the choicest and best cooked dinners it has ever been my lot to taste. Chater and I drank wine of a brand which only a millionaire could keep in his cellar, while our host, apparently a most abstemious man, took only a glass of iced Cinciano water.

The two smart stewards served in a manner which showed them to be well trained to their duties, and as the evening light filtering through the pale blue silk curtains over the open port-holes slowly faded, we gossiped on as men will gossip over an unusually good dinner.

From his remarks I discerned that, contrary to my first impression, Hylton Chater was an experienced yachtsman. He owned a craft called the Alicia, and was a member of the Cork Yacht Club. He lived in London, he told me, but gave me no information as to his profession. It might be the law, as I had surmised.

"You've seen our ass of a captain, Mr. Gregg?" he remarked presently. "What do you think of him?"

"Well," I said rather hesitatingly, "to tell the truth, I don't think very much of his seamanship-nor will the Board of Trade when his report reaches them."

"Ah!" exclaimed Hornby, "I was a fool to engage him. From the very first I mistrusted him, only my wife somehow took a fancy to the fellow, and, as you know, if you want peace you must always please the women. In this case, however, her choice almost cost me the vessel, and perhaps our lives into the bargain."

"You knew nothing of him previously?"

"Nothing."

"And he engaged the crew?" I asked.

"Of course."

"Are they all fresh hands?"

"All except the cook and the two stewards."

I was silent. I did not like Mackintosh. Indeed, I entertained a distinct suspicion of both master and crew.

"The captain seems to have had a nasty cut across the cheek," I remarked, whereupon my two companions again exchanged quick, apprehensive glances.

"He fell down the other day," explained Chater, with a rather sickly smile, I thought. "His face caught the edge of an iron stair in the engine-room, and caused a nasty gash."

I smiled within myself, for I knew too well that the ugly wound in the captain's face had never been inflicted by falling on the edge of a stair. But I remained silent, being content that they should endeavor to mislead me.

After dessert had been served we rose, and in the summer twilight, when all the ports were opened, Hornby took me over the vessel. Everywhere was abundant luxury-a veritable floating palace. To each of the cabins of the owner and his guests a bathroom was attached with sea-water or fresh water as desired, while the ladies' saloon, the boudoir, the library, and the smoking-room were furnished richly with exquisite taste. As he was conducting me from his own cabin to the boudoir we passed a door that had been blown open by the wind, and which he hastened to close, not, however, before I had time to glance within. To my surprise I discovered that it was an armory crammed with rifles, revolvers and ammunition.

It had not been intended that I should see that interior, and the reason why the Customs officers had been bribed was now apparent.

I passed on without remark, making believe that I had not discerned anything unusual, and we entered the boudoir, Chater having gone back to the saloon to obtain cigars.

The dainty little chamber was upholstered in carnation-pink silk with furniture of inlaid rosewood, and bore everywhere the trace of having been arranged by a woman's hand, although no lady passenger was on board.

Just as we had entered, and I was admiring the dainty nest of luxury, Chater shouted to his host asking for the keys of the cigar cupboard, and Hornby, excusing himself, turned back along the gangway to hand them to his friend, thus leaving me alone for a few moments.

I stood glancing around, and as I did so my eyes fell upon a quantity of photographs, framed and unframed, that were scattered about-evidently portraits of Hornby's friends. Upon a small side table, however, stood a heavy oxidized silver frame, but empty, while lying on the floor beneath a couch was the photograph it had contained, which had apparently been taken hastily out, torn first in half and then in half again, and cast away.

Curiosity prompted me to stoop, pick up the four pieces and place them together, when I found them to form the cabinet portrait of a sweet-looking and extremely pretty English girl of eighteen or nineteen, with a bright, smiling expression, and wearing a fresh morning blouse of white piquй. Her hair was dressed low and fastened with a bow of black ribbon, while the brooch at her throat was in the form of a heart edged with pearls. Whether it was her sweet expression, or whether the curious look in her eyes had attracted my attention and riveted the face upon my memory, I know not. Perhaps it was the mystery of why it should have been so hastily torn from its frame and destroyed that held my attention.

It seemed as though it had been torn up surreptitiously by someone who had been sitting on that couch, and who had had no opportunity of casting the fragments away through the port-hole into the water.

I looked at the back of the torn photograph, and saw that it had been taken by a well-known and fashionable firm in New Bond Street.

About the expression of that pictured face was something which I cannot describe-a curious look in the eyes which was at the same time both attractive and mysterious. In that brief moment the girl's features were indelibly impressed upon my memory.

Next second, however, hearing Hornby's returning footsteps, I flung the fragments hastily beneath the couch where I had discovered them.

Why, I wondered, had the picture been destroyed-and by whom?

The face of the empty frame had been purposely turned towards the panelling, therefore when he entered he did not notice that the picture had been destroyed; but after a brief pause, explaining that that cosy little place was his wife's particular nook, he conducted me on through the ladies' saloon and afterwards on deck, where we flung ourselves into the long chairs, took our coffee and certosina, that liqueur essentially Tuscan, and smoked on as the moon rose and the lights of the harbor began to twinkle in the steely night.

As I sat talking, my thoughts ran back to that torn photograph. To me it seemed as though some previous visitor that day had sat upon the couch, destroyed the picture, and cast it where I had found it. But for what reason? Who was the merry-faced girl whose picture had aroused such jealousy or revenge?

I purposely led the conversation to Hornby's family, and learned from him that he had no children.

"You'll get the repairs to your engines done at Orlando's, I suppose?" I remarked, naming the great shipbuilding firm of Leghorn.

"Yes. I've already given the order. They are contracted to be finished by next Thursday, and then we shall be off to Zante and Chio."

For what reason, I wondered, recollecting that formidable armory on board. Already I had seen quite sufficient to convince me that the Lola, although outwardly a pleasure yacht, was built of steel, armored in its most vulnerable parts, and capable of resisting a very sharp fire.

The hours passed, and beneath the brilliant moon we smoked long into the night, for after the blazing sunshine of that Tuscan town the cool sea-wind at night is very refreshing. From where we sat we commanded a view of the whole of the sea-front of Leghorn and Ardenza, with its bright open-air cafй-concerts and restaurants in full swing-all the life and gayety of that popular watering-place.

Presently, when Hornby had risen to call a steward and left me alone with Hylton Chater, the latter whispered to me in confidence-

"If you find my friend Hornby a little bit strange in his manner, Mr. Gregg, you must take no notice. To tell the truth, he is a man who has become suddenly wealthy beyond the wildest dreams of avarice, and I fear it has had an effect upon his brain. He does very queer things at times."