"Yes, but perhaps I had better not spend too much time with you. It may give rise to suspicions on the part of your partner."

"Don't call him my partner! I don't want to admit any connection between us. There has been a connection, it is true, but as soon as I can bring it about it will be closed, and then I hope never to see or hear of Paul Bowman as long as I live."

"I shall get to work to-morrow," said Fred. "I think it will be best for me not to call here till the day after. We must not appear to be too intimate."

When Fred returned to the hotel he found Bowman just arrived.

"Where have you been all the afternoon?" asked Bowman.

"Part of the time I spent with your friend, Mr. Sinclair."

"What did he find to talk about?" asked Bowman, eying Fred sharply.

"Chiefly about New York and his health. He doesn't seem contented here."

"No wonder. It's the dullest hole I was ever in. Is he any better?"

"He thinks so."