"I pretended to hate Sid for what he was supposed to have done. I suggested the scheme of vengeance, and worked to get the influential men together. Then he came back—with his million. I hated him all the more because of that. I was afraid that, if he remained in New York, he would find out the truth and I'd be exposed. I knew what that would mean, and I was beginning to get rich.
"So I had him followed and watched. I trailed him myself and met him on Fifth Avenue, and tried to get him to go away, and afterward denied that I had seen him at all, for he was accused of the murder of Rufus Shepley."
"Which was your deed!" Farland put in. "Go ahead—tell it all. Let us see whether you were clever or merely an amateur at crime."
"Oh, I was clever enough!" Lerton boasted. "I—I killed Shepley because he was about to have me arrested for embezzlement. I had been handling a vast sum for him, aside from his regular business. While he was traveling, I speculated with the money—and lost. He knew it. I could not repay.
"I had an engagement with him that night at the hotel. The detective I had working for me had reported that Sid had had a quarrel with Shepley, and where he had gone afterward and what he had done. There I saw my chance.
"I did not have myself announced at Shepley's hotel. I knew where his suite was, so I slipped up to it without anybody seeing me, and knocked at the door. He admitted me. I begged him to give me a little time to repay the money, but he would not. He called me a thief, and said that I must go to prison, that he would not have a hand in letting me remain at liberty to rob other men.
"There was a steel letter opener on the table. I—I stabbed him with it, and then I got away by the fire escape. Nobody saw me. I left him there dead. I was almost frantic when I reached home. Then I saw how I could have Sidney Prale accused and remove the menace of his presence also. I would be safe if Prale were convicted of the murder. I would not have to repay the Shepley money, and Prale never could reveal that I had betrayed Mr. Griffin and the others instead of him.
"So I sent the notes and money to the barber and clothing merchant, and they denied that Prale had visited them, thus smashing his alibi. I denied that I had met him on the Avenue. I thought that I was safe. But the barber and merchant told Farland the truth, and the police began to think that Sid was not guilty.
"I grew almost frantic then. My one hope was in running Sid out of town as quickly as possible, and so I did everything I could think of to bring about that end."
"How about that fountain pen found beside the body?" Farland asked.