“Yes.”

“When is he going to get it back from you?”

“I don’t know.”

“And you don’t know his name?”

“No, sir.”

“That seems a very probable story. Young man, there seems to be a good deal that you don’t know. How long have you known the young man you speak of?”

“Only since I came on board the boat.”

“I will open the satchel and then will question you further.”

He drew from his pocket a bunch of keys, and finally found one that fitted the lock. Opening the portmanteau, he drew out some bonds.

“Aha!” he said, “it is as I suspected. These are some of the bonds that were stolen from Murdock & Co. yesterday.”