He crept down the stairs, opened the metal flap of the letter-box and listened. It was not difficult to hear all they said, though they had dropped their voices, for they stood at the foot of the steps.

"What is the use?" said one in French. "There is a reward large enough for two—but for him—my faith! there is money to be made, sufficient for twenty. It is unfortunate that we should meet on similar errands, but I swear to you I did not desire to betray you——" The voice sank.

Mr. Farrington chewed the butt of his cigar in the darkness of the hall and pieced together the jigsaw puzzle of this disjointed conversation. These men must be associates of Montague—Montague Fallock, who else?

Montague Fallock, the blackmailer for whom the police of Europe were searching, and individually and separately they had arranged to blackmail him—or betray him.

The fact that T. B. Smith also had a house in Brakely Square, and that T. B. Smith was an Assistant Commissioner of the police, and most anxious to meet Montague Fallock in the flesh, might supply reason enough to the logical Mr. Farrington for this conversation outside his respectable door.

"Yes, I tell you," said the second man, angrily, "that I have arranged to see M'sieur—you must trust me——"

"We go together," said the other, definitely, "I trust no man, least of all a confounded Neapolitan——"

Constable Habit had not heard the sound of quarrelling voices, as far as could be gathered from subsequent inquiry. His statement, now in the possession of T. B. Smith, distinctly says, "I heard nothing unusual."

But suddenly two shots rang out.

"Clack—clack!" they went, the unmistakable sound of an automatic pistol or pistols, then a police whistle shrieked, and P. C. Habit broke into a run in the direction of the sound, blowing his own whistle as he ran.