"Are lost," returned Arthur, quietly. "I have advised my friend, Mr. Dumphy, that as a man of honour, and a business man, he is by no means freed through this unfortunate accident from any promise or contract that he may have entered into with you concerning it. Any deposit as a collateral for its safe delivery which he might have made, or has promised to make, is clearly forfeited. This he has been waiting only for your appearance to hand to you." Arthur crossed to Mr. Dumphy's side and laid his hand lightly upon his shoulder, but with a certain significance of grip palpable to Mr. Dumphy, who, after looking into his eyes, took out his cheque book. When he had filled in a duplicate of the cheque he had given Colonel Starbottle two days before, Arthur took it from his hand and touched the bell. "As we will not burden Colonel Starbottle unnecessarily, your cashier's acceptance of this paper will enable him to use it henceforth at his pleasure, and as I expect to have the pleasure of the Colonel's company to my office, will you kindly have this done at once?"

The clerk appeared, and at Mr. Poinsett's direction, took the cheque from the almost passive fingers of Mr. Dumphy.

"Allow me to express my perfect satisfaction with—er—er your explanation!" said Colonel Starbottle, extending one hand to Arthur, while at the same moment he gracefully readjusted his shirt-bosom with the other. "Trouble yourself no further—regarding the—er—er—paper. I trust it will—er—yet be found; if not, sir, I shall—er—er—" added the Colonel, with honourable resignation, "hold myself personally responsible to my client, blank me!"

"Was there no mark upon the envelope by which it might be known without explaining its contents?" suggested Arthur.

"None, sir, a plain yellow envelope. Stop!" said the Colonel, striking his forehead with his hand. "Ged, sir! I do remember now that during our conversation I made a memorandum, —— me, a memorandum upon the face of it, across it, a name, Ged, sir, the very name of the party you were speaking of—Gabriel Conroy!"

"You wrote the name of Gabriel Conroy upon it! Good! That may lead to its identification without exposing its contents," returned Arthur. "Well, sir?"

The last two words were addressed to Mr. Dumphy's clerk, who had entered during the Colonel's speech and stood staring alternately at him and his employer, holding the accepted cheque in his hand.

"Give it to the gentleman," said Dumphy, curtly.

The man obeyed. Colonel Starbottle took the cheque, folded it, and placed it somewhere in the moral recesses of his breast-pocket. That done, he turned to Mr. Dumphy. "I need not say—er—that—er—as far as my personal counsel and advice to my client can prevail, it will be my effort to prevent litigation in this—er—delicate affair. Should the envelope—er—er—turn up! you will of course—er—send it to me, who am—er—personally responsible for it. Ged, sir," continued the Colonel, "I should be proud to conclude this affair, conducted as it has been on your side with the strictest honour, over the—er—festive-board—but—er—business prevents me! I leave here in one hour for One Horse Gulch!"

Both Mr. Dumphy and Poinsett involuntarily started.