"A lot of people don't believe the paper, though," said Peter. "On the contrary they believe that you are Stanhope and that you bought the Gazette to disown yourself and save your hide. A foolish idea, but it has doubtless been helped out by whispers from higher up. Smith's selling out has made Ryan see red. Smith's still in town, by the way, which argues a good deal of cool nerve on his part. Hare hears that Ryan is in a murdering humor—"

"You seem to forget entirely that Stanhope—the real, the genuine, double-extry-guaranteed—has appeared, to bear his own—"

"But Hunston doesn't know it yet!" exclaimed Peter. "Kindly get that well into your head. All these Hackleys and Orricks still think that you're their meat—Where're you going?"

Varney, pausing at the hatch, deliberated whether he should say anything to Peter about Mr. Higginson's latest and most daring intrusion, and declared for the negative. "There's no reason," he mused, "why I should let him in on this. And besides—"

"To town," he said aloud. "I've got to send a telegram to Uncle Elbert.
He's very much on my conscience—poor old chap!"

"I'll go with you. Got a Reform Committee meeting at five-thirty. And some other business."

But Varney had already disappeared below. Peter picked up his splendid guitar and, sprawling upon the transom, gave himself up to soft humming and, presently, to the work of composition. Soon, after some little painstaking effort, he produced the following, to be rendered to the tune of "Yankee Doodle":

The tale of crime is at an end,
For little Laurence Va-arney
Declines to swipe his loidy friend
Upon the Cypria-a-ani!

Peter tried this over to himself with considerable satisfaction. He possessed a remarkably sweet tenor and pleasurably anticipated singing his ditty to its hero, and doubtless getting a cushion pitched at his head for his pains. But it happened that Varney was to go to his grave without ever hearing that small chanson.

He came on deck again in five minutes with a face which drove all thoughts of melody from Peter's head. In fact, at sight of it, he came instantly to a sitting position and his guitar slid unheeded to the floor.