It appeared to me that the first thing I had to consider was the relation, if any, that the alphabetical letters and figures bore to the words to which they formed a frame. I did not lose sight of the suggestion which immediately arose that this framework of figures and alphabetical letters might be placed there as a blind, although the evident care and pains which had been bestowed upon them was opposed to the suggestion. But then, again, the care thus exercised might be intended to more deeply mystify any strange person into whose hands the missive might fall. In order not to deface or mutilate the original, I made two exact copies of it for my own purposes, using as a kind of ruler one of the playing-cards which Dr. Daincourt had also found in Mabel Rutland's desk.

There were two words in the missive which soon attracted me. These were the third word, "diamond," in the fifth line, and the second word, "bracelet," in the sixth line. "Diamond bracelet." I did not doubt that this was the diamond bracelet which Mr. Rutland had presented to his daughter, and which she could not wear at the dinner-party because it was not at that time in her possession. Here, then, was a clew, but here I stopped. No ingenuity that I could bring to bear enabled me to connect other words with "diamond bracelet." I cudgelled my brains for at least half an hour. Then all at once it occurred to me (what in the excitement of my pursuit I may very well be excused for not having thought of before) that the playing-card, the Nine of Hearts, must bear some relation to the missive. I placed it upon the paper. Every word was hidden by the surface of the card; only the figures and the alphabetical letters were visible. "Doubtless," thought I, "if I cut out the pips of a Nine of Hearts, and place it upon the paper, I shall see certain words which will form the subject-matter upon which Eustace Rutland wrote to his sister." In that case the mystery was confined to nine words which, whatever their arrangement, would not be too difficult to intelligibly arrange. I would not mutilate Miss Rutland's playing-cards. I had packs of my own in the house, and from these I selected the Nine of Hearts and cut out the pips. It was not an easy matter, and in my eagerness I pretty effectually destroyed the surface of my table; but that did not trouble me. My interest was now thoroughly aroused, and grew keener when, placing the Nine of Hearts upon Eustace Rutland's mystery-letter, I found these words disclosed:

Face--stares--in--send--money--death me--instantly--the.

Here, then, in these nine words, was the communication which Eustace Rutland intended his sister to understand. I copied them on a separate sheet of paper, and arranged them in different ways until I arrived at their correct solution:

"Death stares me in the face send money instantly."

Congratulating myself upon my cleverness, I came to the conclusion that Eustace Rutland, being banished from his father's house, and not being able to obtain from his father the funds necessary for his disreputable career, was taking advantage of his sister's devoted affection for him, and was in the habit of calling upon her to supply him with money--which, no doubt, the young lady did to the best of her ability. Curiosity led me to the task of endeavoring to discover whether the alphabetical letters and the figures in the framework bore any relation to this communication. With only the nine words exposed through the pips of the Nine of Hearts which I had cut away, I saw that the first word, "death," was the sixth, and the second word, "stares," was the second, and the third word, "me," was the seventh. The sequence of the figures, therefore, was 6, 2, 7. Now, how were these three figures arranged in the framework? The figure 6 came after the letter M, the figure 2 came after the letter X, the figure 7 came after the letter H. Satisfied that I had found the key, I began to study how these figures from 1 to 9, representing the nine words in the communication and the Nine of Hearts in the playing-card, were arranged in the framework in such a manner as to lead an informed person at once to the solution. There must be a starting-point with which both Eustace and his sister Mabel were acquainted. What was this starting-point? One of the letters of The Alphabet. What letter? A. Starting, then, from A in the framework, I found that the figures from 1 to 9 ran thus: 6, 2, 7, 3, 9, 1, 4, 5, 8. Upon following, in this order, the course of The words which were exposed by the playing-card with the nine pips cut out, I came to the conclusion that I had correctly interpreted this first mystery-letter. I was very pleased, believing that the key I had discovered would lead me to a correct reading of Eustace's second and third letter to his sister.

So absorbed had I been in the unravelling of this mystery-letter, which occupied me a good hour and a half, that I had lost sight during the whole of that time of the two words which had at first enchained my attention--"diamond bracelet." "Death stares me in the face send money instantly" had appeared to me so reasonable a construction to be placed upon the communication of a man who must often have been in a desperate strait for want of funds, that the thought did not obtrude itself that these words might be merely a blind, and that, in the words that remained after the obliteration of this sentence, the correct solution was to be found. The longer I considered, the stronger became my doubts: with "diamond bracelet" staring me in the face, I felt that I had been following a Will-o'-the-wisp.

I had asked Dr. Daincourt the date of the dinner-party at which Mr. Rutland had detected the absence of the diamond bracelet on his daughter's arm. That date was the 8th of September. I examined the post-mark on the envelope of Eustace Rutland's first communication; it was the 26th of September. Mr. Rutland had laid upon his daughter the injunction that the diamond bracelet was to be shown to him before the end of the month. What month? September. She had produced it in time, and her brother's missive must have conveyed to her some information respecting the missing article of jewellery. The elation of spirits in which I had indulged took flight; I had not discovered the clew.

I set myself again to work. I felt now as a man feels who is hunting out a great mystery or a great criminal, and upon the success of whose endeavor his own safety depends. It seemed to me as if it were not so much Edward Layton's case as my own in which I was engaged. Never in the course of my career have I been so interested. I determined to set aside the words, "Death stares me in the face, send money instantly," and to search, in the words that remained, for the true meaning of Eustace Rutland's first communication. I copied them in the order in which they were arranged, and they ran as follows: