Masin shut the tall window, screwed the stout little eye-bolts into the frame and ran the bolt of the padlock through both. He gave the key to Malipieri. Toto watched the operation indifferently.

"If you please," he said, "I am accustomed to have a little wine about half-past five every day. I will pay for it."

He held out half a franc to Masin and nodded.

"Nonsense!" interposed Malipieri, laughing. "You are my guest, Master
Toto." Masin brought a bottle and a glass, and a couple of cigars.

"Thank you, sir," said Toto politely. "I shall be very comfortable till you come back."

"You will find the time quite as profitable as if you were working," said Malipieri.

He nodded and went out followed by Masin, and Toto heard the key turned twice in the solid old lock. The door was strong, and they would probably lock the front door of the apartment too. Toto listened quietly till he heard it shut after them in the distance. Then he rose and flattened his face against the window pane.

He waited some time. He could see one half of the great arched entrance, but the projecting stone jamb of the window hindered him from seeing more. It was very quiet, and he could hear footsteps below, on the gravel of the courtyard, if any one passed.

At the end of ten minutes he heard a man's heavy tread, and knew that it was Masin's. Masin must have come out of the great archway on the side of it which Toto could not see. The steps went on steadily along the gravel. Masin was going to the vaults.

Toto waited ten minutes, and began to think that no one else was coming, and that Malipieri had left the palace, though he had been convinced that the architect and his man meant to go down to the vaults together. Just as he was beginning to give up the idea, he saw Sassi under the archway, in a tall hat, a black coat and gloves, and Malipieri was just visible for a moment as he came out too. He was unmistakably speaking to some one on his right, who was hidden from Toto's view by the projecting stonework. His manner was also distinctly deferential. The third person was probably Baron Volterra.