"The ring!" he suddenly cried out.

I was too muddled to appreciate at once what he meant, but I saw him reach into his fob pocket and draw forth the replica of the trinket which had caused so much disaster, as if it had been cursed by the Clutching Hand himself. He dropped it into the slot.

Struggling to my feet, I saw across from me the very rock itself moving. Was it an hallucination, born of my nervous condition?

"Look, Craig!" I cried involuntarily, pointing.

He turned. No, it was not a vision. It actually moved. Together we watched. Slowly the rock turned on a pivot. There were disclosed to our astonished eyes the hidden millions of the Clutching Hand.

I looked from the gold and jewels to Kennedy, in speechless amazement.

"We have beaten them, anyhow," I cried.

Slowly Craig shook his head sadly.

"Yes," he murmured, "we have found the Clutching Hand's millions, but we have lost Elaine."

CHAPTER IV