It was not pleasant to stand there in the darkness, half expecting to feel a knife buried between his shoulders at any instant.

Gradually Frank’s eyes became accustomed to the semi-gloom of the room. Still, he could see nothing that lived and moved. Beyond him was the window, standing open as he had left it, the light wind gently moving the draperies.

“Well,” thought Merry, “I wonder how long the fellow will keep still. He’ll have to make a move sometime.”

He backed up against the door and stood there, facing the window. Placing a hand behind him, he took hold of the knob of the door, which he found was still locked securely. This assured him that the intruder had not escaped in that direction.

Merry felt certain that the man was close at hand. He knew he could unlock and unbolt the door and leap out quickly. He could slam the door behind him and lock it, thus penning the man in there. Then he could descend to the office and inform the clerk that he had captured a burglar.

Somehow, he did not feel like doing that; that seemed too much as if he were running away. He did not fancy doing anything that seemed in the least cowardly, even though it might be discreet.

Further than that, however, it was by no means certain that, even though he locked and secured the door behind him after leaping out of the room, he could hold the intruder captive.

In some manner the man had entered that room without disturbing the lock or bolt on the door.

How had he entered?

Frank looked toward the open window, but he knew it opened upon the face of the hotel, four stories from the level of the street, and that settled in his mind all doubts about the window, for he instantly decided that it had not been possible for the masked unknown to get into the room that way.