“And you?”

“I was near enough to spring forward and snatch it from Merriwell’s hand.”

“But you did not?”

“I did! I snatched it and fled. I eluded the pursuers and got away with it. Of course, they were searching for me last night, so I was compelled to lay low. But I am here now.”

“And you have the message?”

“I have.”

Mescal rose to his feet, and the look on his face seemed to become more dangerous than ever.

“Where is it?”

“Here,” said Packard, also rising.

From his pocket he took the fake envelope, which he held in his hand.