For some reason Hilda had not followed her, and she was alone and had tumbled the contents of the first bag on to her desk when the managing director of Punsonby's made a surprising appearance at the glass-panelled door of her office.

He was a large, stout and important-looking man, bald and bearded. He enjoyed an episcopal manner, and had a trick of pulling back his head when he asked questions, as though he desired to evade the full force of the answer.

He stood in the doorway and beckoned her out, and she went without any premonition of what was in store for her.

"Ah, Miss Cresswell," he said. "I—ah—am sorry I did not see you before you had taken off your coat and hat. Will you come to my office?"

"Certainly, Mr. White," said the girl, wondering what had happened.

He led the way with his majestic stride, dangling a pair of pince-nez by their cord, as a fastidious person might carry a mouse by its tail, and ushered her into his rosewood-panelled office.

"Sit down, sit down, Miss Cresswell," he said, and seating himself at his desk he put the tips of his fingers together and looked up to the ceiling for inspiration. "I am afraid, Miss Cresswell," he said, "that I have—ah—an unpleasant task."

"An unpleasant task, Mr. White?" she said, with a sinking feeling inside her.

He nodded.