Professor Riccabocca put the wallet in his pocket with a sigh of satisfaction. There were still sixty dollars or more in it, and it was long since he had been so rich.

He began to think now that it might be well to revive the combination. There was some doubt, however, as to how Philip would receive the proposal.

He looked at his young partner and was not much encouraged. He felt that he must conciliate him.

“Mr. de Gray,” he began.

“Call me Gray. My name is not de Gray.”

“Well, Mr. Gray, then. I hope you don’t have any hard feelings.”

“About what?” inquired Philip, surveying the professor curiously.

“About—the past,” stammered the professor.

“You mean about your running off with my money?” returned Philip plainly.

Professor Riccabocca winced. He did not quite like this form of statement. “I am afraid you misjudge me,” he said, rather confused.