"Had I done so I should not have been in time to see the thieves."

"What good did you do by seeing them, since they have escaped? That is," added Tait slowly, "if there were two men. Stop!" he threw up his fat hand as the young man was about to speak angrily; "it is no use going round the bush. You may be innocent or you may not be. Your story may be true or it may be the reverse."

"Mr. Tait"--George held his temper under by mere force of will--"why should I rob you?"

The stockbroker opened his pig's eyes. "Why!" he demanded in amazement, "do I not know that you are desperately poor? Didn't Hale tell me only the other day that you wanted to marry his daughter, and could not do so for want of money? Oh, there are plenty of reasons why you should take twenty thousand pounds' worth of jewels. They can be unset and sold, in which case they will be difficult to trace. Had they been bank-notes, I don't believe that this burglary--so-called--would have taken place."

George curled his lip. "You put things very clearly, sir," he said quietly, "and on the face of it, I admit that my conduct looks a trifle suspicious."

"A trifle!" cried Tait scornfully. "Very good indeed. A trifle! Why not admit that you came down to steal the jewels, and went out to bury them in some safe place, returning, when the alarm was given, to tell us this cock-and-bull story of two thieves?"

George winced and grew white at this very plain speaking. But he kept his temper, for to have lost it at the moment would have been dangerous. He saw very well that he was in a tight place.

"I ask you only one question, Mr. Tait," he said calmly. "Who gave the alarm?"

"I do not know," said the stockbroker sullenly. "I heard a cry of thieves, and help, and blue murder, and came down to find everyone else aroused."

"Then I may tell you that I gave the alarm, sir."