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236 that he actually reached France, only to die there, ruined by his own debaucheries, I, for one, have not accepted that story. He never reached France, my friends, for be sure Alexander VI. was not the man to let any human life stand between his treasury and three hundred thousand ducats."

Signor Mannetti preserved silence for a time, then he returned in very surprising fashion to the subject that had brought him to Chadlands. He had been reflecting and now proceeded with his thoughts aloud.

"You must, however, restrain your natural impatience a little longer, until another night has passed. I will, if you please, myself spend some hours in the Grey Room after dark, and learn what the mediæval spirits have to tell me. Shall I see the wraith of Prince Djem, think you? Or the ghost of Pinturicchio hovering round his little picture? Or those bygone, cunning workers in plaster who built the ceiling? They will at least talk the language of Tuscany, and I shall be at home among them."

Sir Walter protested.

"That, indeed, is the last thing I could permit, signor," he said.

"That is the first thing that must happen, nevertheless," replied the old gentleman calmly. "You need not fear for me, Sir Walter. I jest about the spirits. There are no spirits in the Grey Room, or, if there are, they are not such as can quarrel with you, or me. There is, however, something much worse than any spirit lurking in