So Mr. Podmore had hung up his hat, accepted a cigar and joined the inner ring, soon proving himself a congenial spirit and an able counsellor. And inasmuch as President Wade, of the Canadian Lake Shores Railroad, was seeking about that time for a private secretary with a newspaper training; inasmuch as it was known to J. Cuthbert Nickleby that the said President Wade hoped to restore Old Nat Lawson to his former place in the business world by acquiring control of the Interprovincial Loan & Savings Company—inasmuch did it seem desirable in the interests of Messrs. Nickleby and Podmore that Mr. Podmore should apply for the vacant secretaryship. Podmore had got the position, thereby enabling Nickleby to keep a finger upon the pulse of his opposition.

Wade was shrewd, clever, a big man; he knew many things, did Benjamin Wade, railway magnate. But, reflected Hughey, there were many things also which he did not know, and there was a disagreeable twist in the corner of Podmore's mouth as he lounged and smoked. His revered chief did not know, for instance, that his very competent secretary had spent the better part of an afternoon alone in the private car "Obaska," listening to the click of the tumblers in the little secret wall safe which the President had had built in behind a sliding panel—listening so intelligently that the said very competent secretary had come away with the combination.

Podmore's further enjoyment of retrospection was cut short by a sudden gesture which rivetted his attention upon the two men on the rear platform. Cranston had turned suddenly and was peering in at him; almost automatically Podmore's eyes dropped quickly to the open magazine on his knee. There was a certain hint of caution on the railroad detective's face that did not escape the astute secretary. The latter's vigilance was rewarded presently by seeing Cranston reach into an inside pocket, pull out a bulky blue envelope and quickly pass it across to the President. The latter as quickly stowed it out of sight in an inner pocket of his tweed coat and himself cast a hasty glance over his shoulder to see if he had been observed. But again Mr. Podmore's gaze dropped in time and when he raised his eyes casually from his magazine it was to note an expression of satisfaction upon the faces of both gentlemen. They got up and came inside, laughing rather loudly.

"That there steak and onions Taylor's cookin' is sure goin' to hit the spot," cried Cranston, sniffing with relish. "Eh, Hughey?" He dropped into the chair alongside the secretary with a familiar slap on the latter's knee, and thrust his legs out in the sprawling abandon of a comfortable stretch.

Unfortunately he did this just as President Wade, having turned to toss away the end of his cigar, took a step forward with a hand thrust into an inside pocket of his coat, evidently intending to put away in the safe the envelope which Cranston had given him. The result of Cranston's sudden movement and Wade's awkward position was that the President tripped, lost his balance and would have measured full length on the car floor if Cranston had not caught him. In his effort to save himself the blue envelope was jerked out of his pocket and fell directly at Podmore's feet.

"Oh, I beg your pardon, sir!" apologized Cranston hurriedly.

"That's all right, Bob," laughed Wade good naturedly. "Thanks, Hughey," as his secretary handed him the envelope. "Why, what's the matter?"

Podmore's face had gone suddenly white and he was trembling visibly.

"Aint you feelin' well, Hughey?" enquired Cranston with concern. He rang quickly for highballs.

"It's all right,—thanks," stammered Podmore hastily. "I—I guess it's just a little faintness due to the fact that I ate practically no lunch—I'm all right now."