"The filly," he added, "has her regular work-out and the regular feed, and yet she seems to be all tired out most of the time. Even the veterinaries can't seem to find out what's the matter."

An awkward silence followed, during which both Kennedy and myself endeavored to conceal our ignorance of horses by saying nothing about them. Finally McGee rose and excused himself, saying that he would be back soon.

There were still a few minutes before Murchie would be likely to return. Without saying a word, Kennedy rose and opened the door which led into the stable. Across the lawn in the center we could see a man's figure rapidly retreating through the main entrance, and, somehow or other, I felt that at the sound of the opening of our door he hastened his pace.

Kennedy walked quickly around the circle of box stalls until he came again to Lady Lee. He entered the stall and looked the famous racer over carefully. I was wondering what, if anything, he expected to find, when, almost before I knew it, I saw him jab a little hypodermic needle into her neck and withdraw a few drops of blood.

Lady Lee reared and snorted, but Kennedy managed to quiet her. He returned the hypodermic, with these few drops of blood, carefully into its case again, and we made our way back to the office.

A few minutes later, the drone of Broadhurst's car told us that Murchie had returned. We resumed the talk about horses, upstairs in Murchie's own apartment, which consisted of living-rooms, a library, and bath. It was a luxuriously appointed place, in keeping with the tastes of its occupant. We sat down in the library.

I was quite interested in looking about me. For one thing, Murchie's idea of art seemed to be a curious blending of horse and woman. There were pictures of all the string of Broadhurst winners, interspersed with Venuses and actresses.

On a little table I noticed, at length, a colored photograph in an oval gilt frame. It was of a very beautiful girl. She was something over medium height, with a fine figure, golden hair, and deep-blue eyes. Somehow, I recalled that I had seen that face before, and when I caught Kennedy looking at it from time to time, I was certain of it.

Suddenly it flashed over me that the picture had been published in the Star. It was Cecilie Safford. I remembered having read of Murchie's escapades, one of which was his elopement with a pretty young stenographer whom he had met at the horse show a couple of years before.

The talk ran along about horses still, but I noticed that Kennedy was even more interested in Murchie's pictures, now, than in his conversation. In the place of honor, over the mantel, hung a portrait, in an artistic panel, of a slender girl with dark hair and hazel eyes, with a soft, swanlike throat and neck, and a somewhat imperious manner of carrying her head.