Richard had been requested by Inspector Val to meet him at the south front of the Treasury Building at ten o'clock.

"Do you remember," asked Inspector Val, "how several weeks ago we visited the drain?"

Yes; Richard recalled it.

"Come with me to-night," said Inspector Val; "the drain shall explain the mystery of that muddy water, and why I said our man was hard at work."

When Richard and Inspector Val, water-proofed to the chins, reached the mouth of the drain the storm was at furious height. The rain descended in sheets; the lightning made flashing leaps from cloud to cloud and the ceaseless thunders were as a dozen batteries of big guns in fullest play. As Richard and Inspector Val came to a halt, they were joined by three men. Richard, aided by the lightning flashes, recognized Mr. Duff and Mr. England; the third, being Steamboat Dan, was strange to him.

"Is the Russian inside?" asked Inspector Val of Steamboat Dan.

"I don't know," returned Steamboat Dan. "I've been aboard the yacht since eight o'clock until twenty minutes ago. I came ashore in that skiff. Sure, he ought to be in the drain; they've been sending down the stuff for hours."

"I don't find any of it about?"

"I threw a crowbar across the stream one hundred yards up, and halted the procession. The plan, d'ye see, is for me, the coast being clear, to signal the launch to come ashore for its first cargo any time after ten—which is about now."

"We'll omit the launch," returned Inspector Val. "Go into the drain and give the boys the tip to skip. After that, it's up to all of you to look out for yourselves."