Billie was willing to admit that someone might have entered the room during that interval, opened Edina’s bag, seized the precious roll of money, and disappeared without being seen by either her or Edina.

If this reasoning were taken from the realm of sheer surmise, if it had in it some elements of fact, then who could it be who had entered that room during the few moments when Billie’s back was turned?

“That certainly is my problem,” thought Billie. “A hard one to solve, I’ll admit; harder than any I’ve ever helped Vi with! But I’ll find the answer. I must!”

Of course, there was always the possibility that one of the students in the school might be the thief, but as Billie reviewed the list of her acquaintances, this possibility became increasingly far-fetched.

Amanda Peabody might have done it for spite, in the hope of discrediting both Edina and Billie. However, Billie knew the unpleasant girl too well to entertain any serious belief of her guilt. Amanda was a coward and while she delighted in small meannesses, would hesitate, Billie felt sure, before an act involving such serious consequences.

“Why, we could put her in jail for stealing two hundred and sixty dollars,” thought Billie. She shuddered with dread at the realization that this same punishment might be meted out to Edina, provided the real thief were not caught!

“The real thief must be caught,” she told herself, for perhaps the hundredth time, and went on with her cogitations.

The elimination of the students and the teachers narrowed the list of suspects to the servants at the Hall.

Clarice, the cook? Perhaps—though Billie was loath to suspect anyone who made such excellent chocolate cake. There were three maids and a scrubwoman who attended to the general cleaning of the dormitories and the study halls. Anyone of them might——

Billie swung her feet to the floor and stood up. For some time there had been the sound of voices beneath the window. The voices had steadily increased in volume until now they broke with rude force into her meditations.