The man in the greatcoat drew the rug more closely about his knees and seemed unhappy.

"It is very distressing," said he. "A crime like this, and no one to place it upon. For what are we taxed if it is not for the punishment of offenders?"

"No goods were taken," said the pursy man. "No harm was done save to Magruder's life. That alone seems to have been the purpose of the criminal. A stab-wound, says the surgeon; a stab-wound in the neck, and struck not so shrewdly! 'Twas a clumsy hand that did the deed; but," and here the speaker wagged his head, "an apprentice is as good as a journeyman, so long as the task is accomplished."

"There are city lights," said the man in the greatcoat; "there are safeguards for life and property; the watch is well paid. But the streets are not safe; prowlers can go to and fro as they will; houses, places of business are entered, blows are struck, lives are taken. Yet the prisons are unoccupied; the gallows are unused."

"I have heard a whisper," said the pursy man, "that some one is suspicioned." He nodded his head, and panted, as though the thing excited him. "It was not the watch who came upon the thing; the watch is too slow-going for that. But, when all was confusion and every one at his wit's end, it bobs up unexpectedly of its own accord."

"Some one suspicioned?" said the man in the greatcoat, hungrily. "Who is it?"

But the other shook his head.

"I don't know," said he. "It was only a whisper I got, and it was not meant for my ears. This Magruder had a ship in that day, and there was much to occupy him at his place of business. He remained after his clerks and porters had gone, so they tell; and, about eight, went to a tavern for a chop and a glass of ale, for he was none of your great eaters, having a slim stomach and a none too liberal hand. The people of the tavern say he left there before nine, and it's thought that he went straightaway back to his counting-room and there remained."

"But the suspicioned person?" said the man in the greatcoat, anxiously, not caring to miss this chance of putting the prisons and gallows to their proper use. "How came it to fall upon him?"

"Some one," said the pursy man, "was seen to leave Magruder's place by the counting-room door, which is in the back. Very quietly is the manner in which the person is said to have left, and at an hour that was unusual."