As she extended her hand she tauntingly held her wrist close to the tiny point, scarcely larger than a good-sized pin.

"Life and freedom are precious, Señor!" she said, in low, mocking tones, as she took the weapon from him and handed it to Mr. Britton, who laid it carefully on a table near by, and then proceeded to search Walcott's clothing, saying.—

"I want you to see what you have been dealing with, David."

To the stiletto already placed upon the table were added another of larger size, two loaded revolvers, several packages of valuable securities taken from the vaults of the firm that afternoon, and a nearly complete set of duplicate keys to the safes and deposit boxes of the offices.

Mr. Britton then relieved Kate, congratulating her warmly, and stationed himself near Walcott, who glowered like a wild beast that, temporarily restrained by the keeper's lash, only awaits opportunity for a more furious onslaught later.

Kate stepped at once to her father's side; he turned upon her a look of affectionate pride, but before he could speak, she had drawn forward her companion, saying,—

"Here is one, papa, to whom we owe much. She has saved your life to-night, for I would not have known you were in danger if she had not warned me, and she saved me from worse than death in preventing the carrying out of the farce of an illegal marriage with that villain, by giving me a glimpse of his real character before it was too late."

The change that passed over Mr. Underwood's countenance during Kate's words was fearful to see. From the kindliness and courtesy with which he had greeted

the stranger his face seemed changed to granite, so hard and relentless it became.