nd a pair of challenging brown eyes which now,
getting over their first confusion--and finding herself at all events
fully dressed, wherein she had the advantage of him--rested with much
appreciation on the young man in front of her.

The salt water was still in his hair, and the discrepancies in his
hasty attire were but partly hidden by the damp towel round his neck.
Nevertheless he was very good to look upon. His moustache showed crisp
against the healthy brown of his face; his hair, short as it was, had
a natural ripple which sea-water could not reduce; and his eyes were
brimming with the new joy of life and repressed laughter. Miss Penny
liked the looks of him.

"Margaret Brandt, I will never forgive you as long as I live," said
she emphatically.

"All right, dear! This is Mr. Bogey-man whose rooms we have
appropriated. He wished to be introduced to the other malefactor. Miss
Henrietta Penny--Mr. John Graeme! Mr. Graeme and I have met before."

If Mr. John Graeme had had more experience of women, the flash that
shot across from the brown eyes to the dark blue ones might have told
him stories--for instance, that his name and would-have-been standing
towards her friend were not entirely unknown to Miss Penny; that, for
a brief half second, she wondered--doubted--and instantly chid herself
for such a thought in connection with Margaret Brandt.

But Margaret herself, being a woman, caught the momentary challenge
and repelled it steadily.

"I am very pleased to meet you, Miss Penny--in such a place, and in
such company. I have heard of you from Miss Brandt," said Graeme.

"Never till five minutes ago," laughed Margaret.

"Yes, if you will pardon me--once before, at Lady Elspeth Gordon's.
Unless I am mistaken, Miss Penny had just been across to Dublin to
take a degree which Cambridge ungallantly declined to confer upon
her."

"Quite right!" said Miss Penny. "M.A. They're misogynists at
Cambridge."

"Will you oblige me by informing Miss Penny, Mr. Graeme, that this
meeting is purely accidental? I caught a spark in her eye and I know
what it means. Had you the very slightest idea that we were coming to
Sark?"

"Not the remotest. When I saw you standing in the hedge there, with
the morning glories all about you, I first doubted my eyes, then I
thought you a vision--"

"And do you think it possible that I knew of you being here?"

"I am certain you did not. Nobody knows. I left no address, and I told
no one