"Let me know what it is, by all means," responded Mr. Silby, with a smile. "I am satisfied that what you have to say is for the best interests of the bank, and it would be absurd in me to offer opposition to that."

"Well," said William, "there have been certain developments made in this case which, I regret to say, lead me to believe that Eugene Pearson is not entirely blameless in this robbery."

"What do you mean?" exclaimed Mr. Silby, starting to his feet, and with a tremor in his voice, which told of inward agitation; "you do not mean that you suspect Eugene?"

"I must confess that I do," said William solemnly, "and I regret it sincerely, both on your account and his own."

"But this will not do," suddenly interrupted the old gentleman, "this cannot be. Why, I have known that boy ever since his childhood, and I have loved him as my own son. No, no, Mr. Pinkerton, you must be mistaken about this."

"Mr. Silby," said my son, "let us look at this matter calmly and dispassionately. You have employed us to ferret out the thieves, and to recover, if possible, the money of which you have been robbed. We have therefore but one duty to perform, and that is to find the men. I have looked into this case carefully; I have noted every point thus far attained; I have weighed every item philosophically, and I tell you now, that I am convinced that Eugene Pearson knows more about this robbery than has yet been revealed."

William then slowly and concisely detailed the various points upon which he founded his suspicions. The fact that Eugene Pearson had been seen in intimate conversation with the suspected man, his presence at the bank on the afternoon of the robbery, his actions, cowardly at best, when the assault was made upon the helpless girl, his peculiar statements since, and then the manner of his release by the aid of the ten-cent silver piece. Taking a coin from his pocket, he requested Mr. Silby to attempt the feat upon the slight lock upon the office door, which he tried, and though he labored strenuously, he was unable to move it. He also informed him that Manning had attempted the same thing upon the lock of the vault door, and that he could not budge a screw. All these facts he pointed out to the old gentleman as strong proofs of the young man's guilt.

Mr. Silby sat during this recital with a dazed and stricken look upon his face, and when William had finished, he sat for a time in speechless amazement. Recovering himself at length, he said:

"Mr. Pinkerton, this may all prove to be true; but at present, you must excuse me, I cannot believe it—it is too terrible."