"Then you don't believe that Mr. Bascomb's evil record of past years affects his honesty now?" Dick went on after a long pause.

"I don't believe it," Tom answered with unusual emphasis. "If I did it would be as much as if I said that a fellow who once makes a wrong step must never hope to get back into the right path again. Mr. Prenter, I am certain, is an honest man and an unusually keen one. He is satisfied to trust Mr. Bascomb as president of the company. But, if Evarts is some sort of family connection of Bascomb's, and if he has often threatened to tell all about Mr. Bascomb's past history, you can imagine the terror that poor Mr. Bascomb has lived in for years."

"If I were in Bascomb's place," Dick declared positively, "I would go before the board of directors and tell them the whole story. Then no one else could ever hold any power over me."

"I guess that's the way all of us think we would act if we'd meet a blackmailer," nodded Reade. "Yet I guess most of the victims, when there's a sad, true story that could be told about them, pay the blackmailer and so secure silence."

"Which may be another way," mused the young army officer, "of saying that most men are cowards. Or, maybe, it's another way, after all, of saying that the man who does anything very wrong or crooked is generally such a coward at heart that he'll spend his savings in keeping his secret from the world."

"Yet Bascomb must have shown considerable bravery in meeting Evarts's demands," suddenly suggested Reade. "Otherwise, Mr. Bascomb would now be a poor man and Evarts would have spent all of Bascomb's money. Heretofore, I imagine, Evarts hasn't been able to blackmail his relative for anything much more substantial than a good job. I hear that Evarts has been drawing good pay from the Melliston Company for something more than four years—-and Evarts isn't a very useful man, at that."

"Then, after four years of easy berths, no wonder Evarts hates you, Tom, for having bounced him out," smiled Dick Prescott.

"I'm afraid I'm going to do worse than bounce the fellow out of a job," sighed Reade. "I'm afraid I've helped head him for prison for a term of a good many long years."

"Evarts did that much for himself," Prescott argued. "I wouldn't waste much worry over the fellow."

"I suppose it's my way to worry over a dog with a sore paw," answered Reade thoughtfully, "Certainly Evarts has done some mean things against me, and without any just cause; but I don't like the thought of his having to be locked up, away from sunlight, joy and life, for so many years as I'm afraid are coming to him."