"Go! I flatly refuse to go, of course."

"I was afraid you would. Well, then I'd have to call in the constable to help get you under way. Jim Baker, the depot master, is constable here in Denboro. He and I were shipmates. He'd arrest the prophet Elijah if I asked him to, and not ask why, either."

"Kendrick——"

"Egbert, a spell ago you and I had a little chat together and I told you I had just begun to fight.... Well, I haven't really begun yet, but I'm gettin' up steam.... Think it over."

Phillips stopped and, standing by the window, stared fixedly at the captain. The latter met the stare with a look of the blandest serenity. Behind the look, however, were feelings vastly different. If ever a forlorn hope skated upon thin ice, his and George Kent's was doing so at that moment. If Egbert should agree to return to Bayport, and if his statement concerning the ownership of the Boston bonds was true, then—well, then it would not be Mr. Phillips who might receive the attentions of the constable.

Egbert stopped staring and once more looked at the clock. Quarter past two! He turned again quickly.

"Kendrick," he snapped, "what is your proposition?"

"My proposition? I want you to pay me the sixteen hundred dollars Kent put into that C. M. stock deal. If you do that I'll give you his signed paper turnin' over to you all interest in the deal. You can make all the profit on it yourself—when it comes. Then in matter of Cordelia's bonds——"

Phillips lifted a hand.

"The bonds are not to be considered," he said, decisively. "If they are mine, as I say they are, you have no claim on them. If they are Mrs. Berry's, as you absurdly pretend to think they are, again you have no claim. If she says I have stolen them—which she won't—she may prosecute; but, again, my dear sir, she—ah—won't."