Well, at least he's honest about that.
it's incredible to me how self-centered Mr. Franklin could be. Up to that point, he barely even recognizes the excruciating pain she must've endured, being treated as non-existent by him; he doesn't exhibit any empathy or sympathy (which is hilarious given that he's chasing Rachel so desperately), as if it is so inexplicable and absurd that she's had feelings for a person so above her societal rank, that it can simply be disregarded. Notice how the entire time he's reading the letter, all he cares about is finding a clue for the Moonstone, or his own ostensible guilt.
However, he's surely endeavoring to justify himself here, not to be seen to the reader as a supercilious, ill-mannered man!