“Well she might yield to some extraordinary temptation to do so,” replied Phoebe, thinking of Sam Parsons’ plea.

“And the box was stolen before Judge Ferguson died,” said Nathalie, wonderingly.

“Yes; so it seems. The general impression has been that it was taken afterward, as the result of his death. I wonder how this affair would have turned out had the dear old judge lived. He was worth any ten common lawyers and a dozen detectives.”

“So he was,” replied Nathalie. “Mr. Holbrook seems an honest and gentlemanly fellow, but he never can fill Judge Ferguson’s place.”

Phoebe, after parting from her girl friend, reflected that her feelings toward the young lawyer had changed under the light of to-day’s discoveries. She could imagine his perplexity when called upon to defend Toby, and could see how his desire to shield the guilty female or his fear of denouncing her would account for his lack of activity in the case. Doubtless Mr. Holbrook agreed with Sam Parsons—of whose opinion he was wholly ignorant—that it was better to let Toby suffer than to accuse the guilty one. These two men, Phoebe reflected, were influenced alike by motives of gallantry or consideration for the female sex; for, had not the guilty one been a woman—or perhaps a young girl—neither man would have undertaken to shield him from the consequences of his crime.

But Phoebe was inclined to condemn one of her own sex as frankly as she would a man. She was even indignant that an honest boy was to be sacrificed for a dishonest woman. She became more firmly resolved than ever to prevent such a miscarriage of justice.

She was greatly pleased, however, with Mr. Holbrook’s assertion that by proving the box found on Toby’s premises a fraud, the defense would stand a good chance of winning the trial. If that evidence fell down, all the rest might well be doubted, and for a time the girl seriously considered the advisability of abandoning any further attempt to bring the guilty party to justice, relying upon the lawyer to free his client. But the thought then occurred to her that merely to save Toby Clark from conviction would not be sufficient to restore to him his good name. Some would still claim that justice had miscarried and the suspicion would cling to him for all time. The only thing that could reinstate the accused in the eyes of the world was to prove beyond doubt that some one else had committed the crime.

Forced to reconstruct all her former theories, Phoebe abandoned her “list of suspects” and wrote a new memorandum. It outlined the facts now in her possession as follows:

“1—The guilty one was a woman or a girl, of respectable family. 2—Some one deliberately attempted to incriminate Toby Clark by placing a fraudulent box in the boy’s rubbish heap. 3—Sam Parsons now had the genuine box in his possession and wouldn’t tell how he got it. 4—The theft was committed on the night before Judge Ferguson’s sudden death. 5—Both Sam and Mr. Holbrook knew the identity of the criminal but would not disclose it; therefore information must be sought elsewhere.”

After taking a day or two to consider these points Phoebe suddenly decided to see Mr. Spaythe and have a talk with him. The banker was now freed of any suspicion that might attach to him and he was the one person in Riverdale who had boldly defied public opinion and taken the accused boy under his personal protection. Therefore she might talk freely with Mr. Spaythe and his judgment ought to assist her materially.