"Do you mean to say that I stole your money? If you mean that, sir, you say what is false, and you shall——"

"No, no; I don't—er—er—I won't say that—but—but be calm and let me see!"

"Do you withdraw your accusation, then?" demanded the youth, whose manner was such that Rexford was glad, for the time being, to retract his statement, or make any admission whatever, for he saw that in the boy's eyes which warned him to adopt a more conciliatory policy and to do it speedily.

He consequently retreated from his position, and assured Fred that he had spoken too hastily in accusing him. He also moved cautiously backward to another part of the store, doubtless feeling that the air would circulate more freely between them if they were some distance apart; then he added:

"But the bill is gone, and as I have not paid it out, I want it accounted for."

"No doubt you do," said Fred. "I should like to know where it is myself. As long as you put it on that ground I will not object, but you shall not charge me squarely with committing a theft."

"No, I won't charge you directly with taking it, but I have my opinion as to where it has gone," rejoined Rexford, with an insinuating air.

Fred knew well what that opinion was; but it was beyond his power to challenge it while unexpressed, and he could not at that time change it by proving his innocence, so he replied:

"Very well, you can think as you like, if that gives you any satisfaction."

"Yes, yes; very good! But I will get my satisfaction, not in thinking, but in acting! You were hired as my clerk, and it was your duty to work for my interest, and look out for this store in my absence. As this bill disappeared while under your charge, I shall hold you responsible for it," said the merchant, as he rubbed his thin, bony hands together.