With a flushed face and an uneasy feeling Walter drew out the gold timepiece.

“Is that your watch?” he said.

“Yes!” almost shouted the stout passenger, fiercely. “So you are the thief?”

“No, sir,” answered Walter, pale but firm. “I am not the thief.”

“Where did you get it, then?”

“I bought it.”

“You bought it? That's a likely story.”

“Why, it was taken from me this very afternoon.”

“That may be, but I bought it, all the same.”

The owner was about to protest, when the conductor said quietly: “Listen to the young fellow's explanation.”