"Then he's taken it out and put it into something else," said Way. "Perhaps his coat, if he had one left."

"No; here's what looks like it had once been a coat."

Further search under the moon revealed only that certain foot tracks, found by Paul Jones, led off to the left through the wet ashes, as if the party who made them was in a great hurry. But, search as they might, only one pair of foot tracks could be seen.

"Evidently Grandall did not survive," said Beckley. "No wonder! He must have been all in when that scoundrel dragged him back inside the burning building. But how could Murky have gotten out alive? Probably Grandall, in his frantic haste, must have caught up the wrong bag, for it was the money he was after. When Grandall was finished his companion would, of course, try to make sure of the loot which both had schemed so hard to get and keep."

Reasoning thus, they all went on to Staretta, for nothing could be done that night, or without bloodhounds, which the county sheriff was known to have at his home at the county seat.

CHAPTER XII
WAS THIS THE END OF MURKY?

When the still struggling Grandall was dragged inside by Murky and hurled through the burning bedroom door into the flames beyond, the latter had one resource left, though it is doubtful if he would have thought of that but for one fact. In the brief struggle they had stumbled over another suit-case than the one Grandall had heaved to the water's edge.

Murky recalled that when he had at first entered he had seen two bags. One was the bag containing the money. Another, a trifle smaller, was the one brought by Grandall containing articles for his personal use while in the woods. In the fight Grandall had grabbed the smaller, whether by mistake or not will never be known. But in such a death-and-life struggle as went on, with Murky indisputably the best man, such a mistake was likely, more than likely, to have been made by the despairing, frightened thief then being overpowered by a more ferocious, desperate rogue.

In less than a second Murky knew that there lay the treasure for which he had run such a terrible risk, and also that his only competitor was gone. Little would the fire leave of Grandall for after-recognition, when the ruins were searched. The heat was unbearable; Murky's clothing was already ablaze in spots. On the stand was a can of water, left by the now dead man.