"Well, the other day I found out that he was back in England and that he'd moved into a flat in Chelsea. That made it seem worse, because I thought if he could afford to move into a flat he could afford to pay me my ten quid. I rang him up, and I happened to catch him at home for once, so I told him what I thought of him. He was very apologetic, and he asked me to go round and have a drink with him last night and he'd pay me the tenner then. I was there at half past eight, and he was out, but the maid said I could wait. I kicked my heels for half an hour, and then I began to get angry. After I'd waited an hour I was thoroughly furious. I guessed that he'd forgotten the appointment, or he just wasn't going to keep it, and I could see I'd be waiting another ten years before I got my tenner back. The only thing I could think of was to take it out of him some other way. I couldn't see anything worth pinching that was small enough for me to sneak out under my coat, so I pulled open a drawer of the desk, and I saw those things."

"So you borrowed them for security."

"I didn't really stop to think about it. I didn't know what they were, but they looked as if they might be valuable, so I just shoved them into my pocket. Then the maid came in and said she was going home because she didn't sleep in the flat, and she didn't think she'd better leave me there alone. I was just boiling by that time, so I told her she could tell Ingleston I'd have something to say to him later and marched off. When I got home and had another look at what I'd pinched I began to get the wind up. I couldn't very well take the things into a bank and ask about them, but I thought that you… Well, you know, you—"

"You don't have to feel embarrassed," murmured the Saint kindly. "I have heard people say that they thought my principles were fairly broad-minded. Still, I'm not thinking of sending for the police, although for an amateur burglar you do seem to have got off to a pretty good start."

The young man's lantern jaw became even longer and squarer.

"I don't want Ingleston's beastly bonds," he said, "but I do want my tenner."

"I know," said the Saint sympathetically. "But the Law doesn't allow you to pinch things from people just because they owe you money. It may be ridiculous, but there it is. Hasn't Ingleston rung you up or anything since you pushed off with his bonds?"

"No; but perhaps he hasn't missed them yet."

"If he had you'd probably have heard from him — the maid would have told him you'd been waiting an hour for him last night. Let's hope he hasn't missed them, because if he felt nasty you might have had the police looking for you."

Graham looked slightly stunned.