That talk opened Valdemar’s eyes to the dangers of his position. He had sense enough to see that it was a case of large-sized blackmail, and that any sum he paid would only be a lever for further extortions till he was bled white. He went off his sleep, and worried himself into a fever, for he couldn’t decide what his next step should be. While he was still cogitating he got a second letter from Troth. Mr. Haraldsen need not trouble to come south, for the writer was about to pay a visit to the Norlands in his friend Mr. Barralty’s yacht. He proposed a meeting in Hjalmarshavn some three weeks ahead. This screwed Valdemar up to the point of action. Alone on his island he was at the mercy of any gang of miscreants that chose to visit him. His ignorance of the world made him imagine terrible