"Last summer I observed him somewhat, and never saw anything wrong in him."

"Appearances are deceitful," said the bank president sententiously.

"So I have heard," returned Mr. Armstrong dryly. "But let us go on. What other steps have you taken to discover the lost box?"

"I have had the bank vaults thoroughly searched," answered Duncan, trying to make the best of a weak situation.

"Of course. It is hardly to be supposed that it has been mislaid. Even if it had been it would have turned up before this. Did you discover any traces of the bank being forcibly entered?"

"No; but the burglar may have covered his tracks."

"There would have been something to show an entrance. What is the character of the cashier and teller."

"I know nothing to their disadvantage."

"Then neither have fallen under suspicion?"

"Not as yet," answered the president pointedly.