“P. S. If I were you I'd stay off the beer in future.”

The up train? Why, that left at eight-forty-five! Surely it could not be that late! Emanuel got out his old silver watch, a legacy from a long-dead sire, and took one look at its two hands; and then in a quiver of haste, with no thought of breakfast or of his present state of unwashed untidiness, with no thought of anything except his precious clarinet, which he tucked under his coat, he let himself out of the door, leaving the key in the lock, and slipping through the deserted hallway he hastened down two flights of stairs; and taking a short cut that saved crossing the lobby, where inquisitive eyes might behold him in all his unkemptness and distress, he emerged from the side door of the Hotel Moderne.

Emanuel had proper cause to hurry. Never in all his years of service for the Commonwealth Bank had he failed to be on hand at eight o'clock to sort out the mail; and if his watch was to be believed here it was a quarter of nine! As he padded across the street on shaky legs a new apprehension that he had come away the day before without locking the combination of the vault smote him. Suppose—suppose something was wrong!

The street door of the Commonwealth stood open, and though the interior seemed deserted he realised, with a sinking of the heart, that someone had arrived before him. He darted inside, dropped the clarinet out of sight in a cuddy under his desk, and fairly threw himself at the vault.

The outer door was closed and locked, as it should be. Nevertheless, his hands shook so that he could hardly work the mechanism. Finally, the tumblers obeyed him, and he swung open the thick twin slabs, unlocked the inner door with the key which he carried along with other keys on his key ring—and then fetched a sigh of relief that was half a sob. Everything was as it should be—cash, paper money, books, files and securities. As he backed out of the vault the door of the president's office opened and Mr. Blair stood there in the opening, confronting him with an accusing glare.

“Young man,” said Mr. Blair, “you're late!”

“Yes, sir,” said Emanuel. “I'm very sorry, sir. I must have overslept.”

“So I judge!” Mr. Blair's accents were ominous. “So I judge, young man—but where?”

“W-where?” Emanuel, burning with shame, stammered the word.

“Yes, sir; that's what I said—where? Twenty minutes ago I telephoned to Mrs. Morrill's to find out what was keeping you from your duties, and they told me you hadn't been in all night—that your bed hadn't been slept in.”