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"Ah, you have been asking me to impose on an empty exchequer an annual payment that Kosnovia certainly cannot afford; but I certainly was not under the impression that you had found it necessary to apply to Monsieur Beliani for help. Why should such a step be necessary? I have always understood "

If he would catch his train, they must drive furiously, which is nothing new in Paris. Climbing the Rue La Fayette, he passed Count Julius Marulitch and Constantine Beliani coming the other way in an open victoria. They were so deeply engaged in conversation that they did not see him. Julius was talking and the Greek listening.

How, then, was the War Minister's irreconcilable attitude to be explained? Was Cousin Julius pulling the strings in some unrecognized manner? Was Beliani a party to the scheme? These questions must be answered, and speedily. Meanwhile, by hook or by crook, he must keep all knowledge of the dispute from Joan's ears until after the wedding.

So far as the American press was concerned, the topic was soon forgotten; but Alec, having obtained a Budapest journal, found that Stampoff, Beliani, and Sergius Nesimir were taking steps to form a Republic. "Sometimes," said Alec during their talk that evening, "it is the expected that happens."

"Yes, your Majesty," replied Beliani. "You appreciate, of course, that I occupy a somewhat peculiar position here," said Alec. "I am a constitutional monarch backed by a constitution that is little more than a name. This country really demands an autocracy, whereas I have sworn to govern only by the will of the people.

It shall be the one care of my life to make them so, and if it is the will of Providence that a Delgrado should reign in the next generation, my legacy to him will be, not millions of pounds invested in foreign securities, but a nation strong, self contained, and prosperous." Beliani listened with a rapt attention.

Believe me, Monsieur Beliani, if our people are worthy of extending their sway, no power on earth can stop them; but they must first learn to till the field with implements other than swords or bayonets, which are quite out of date, either as plows or as reaping-hooks."

In the reception room he wrote a hasty note to Stampoff: MY DEAR PAUL: The legitimate King of Kosnovia and his heir apparent, not contented with the arrangement entered into in your presence, planned with Beliani a coup d'état. I defeated it. You will find all three in my bedroom, the key of which I inclose. They are alive and well, and will stop there until it pleases you to release them.

It flashed into Alec's mind that the presence in Paris of the Greek on the very day of the Delgratz regicide offered a most remarkable coincidence. Beliani was no stranger to him, since he and General Stampoff, the one as Finance Minister and the other as Commander in Chief, were exiled from Kosnovia after an abortive revolution ten years ago.

Michael and his nephew, hungering for the spoils, had patched up a truce. They were already contemplating another military pronunciamento, and Beliani, having made his own terms, was lending his influence. If their demands were refused, Alec might find himself a prisoner, and the country would be plunged into a revolution.