It was not in open view, but a little search showed that the owner had put it under the bed.

“He isn’t very sharp,” thought Wheeler. “He is playing right into my hands. Door unlocked, and bag of gold under the bed. He certainly is a very unsuspicious man. However, that is all the better for me. Really there isn’t much credit in stealing where all is made easy for you.”

There seemed to be nothing to do but to take the gold from its place of deposit and carry it back to his own room. While there were a good many lodgers in the hotel, there seemed to be little risk about this, as every one was asleep.

Of course should the bag be found in his room that would betray him, but Mr. Wheeler proposed to empty the gold coins into his gripsack, and throw the bag out of the window into the back yard.

“Well, here goes!” said Wheeler cheerfully, as he lifted the bag, and prepared to leave the chamber. But at this critical moment an unexpected sound struck terror into his soul. It was the sound of a key being turned in the lock.

Nervously Wheeler hastened to the door and tried it. It would not open. Evidently it had been locked from the outside. What could it mean?

At the same time there was a series of knocks on the outside of the door. It was the signal that had been agreed upon between Mr. Pettigrew and Rodney. Jefferson had given his key to Rodney, who had remained up and on the watch for Mr. Wheeler’s expected visit. He, too, was in his stocking feet.

As soon as he saw Wheeler enter his friend’s chamber he stole up and locked the door on the outide. Then when he heard the thief trying to open the door he rained a shower of knocks on the panel.

Instantly Jefferson Pettigrew sprang out of bed and proceeded to act.

“What are you doing here?” he demanded, seizing Wheeler in his powerful grasp.