“I thought the case might be gilt,” said Walter, half ashamed of his suspicions.

“You do well to be cautious, but I will guarantee the watch to be all I represent it. I only wish you were a jeweler. Then you could judge for yourself.”

It sounded very plausible. Then, the watch was a very handsome one.

“Let me open it and show you the works.”

The stranger did so. Walter was no judge of the mechanism of a watch, but what he saw impressed him favorably. The stranger seemed very frank and fair-spoken. Walter knew, of course, that in traveling one was likely to meet with sharpers, but that did not justify him in suspecting everybody he met.

“It would look very nice at the end of my chain,” he thought. “I suppose I cannot afford it; but, as he says, I can raise money on it at any time.”

“Well, young man, what is your decision? You must excuse me for hurrying, but we are not far from Chicago, and I want to make sure that I can continue my journey to-night. I shall telegraph to my wife that I am coming.”

“I will take the watch,” said Walter. “There doesn't seem to be much risk in doing so.”

“Bosh! I should say not. Young man, I congratulate you. You have made the best bargain of your life. Have you got the money handy?”

Walter took out two ten-dollar bills and handed them to his companion, receiving the watch in exchange.