"He has gone with her."

There was no more to be said about the girl after this.

"I'll tell you what it is, Mr. Wayman," said Joyce, "I'm likely to be a good bit down in this neighbourhood, while I'm waiting for directions about my poor captain's ship from his brother Captain George, and as your house suits me as well as any other, I may as well take up my quarters here. I know you've got plenty of room, and you'll find me a quiet lodger."

"So be it," answered the landlord, promptly. "I'm agreeable."

Joyce deliberated profoundly as he walked away from the 'Jolly Tar' that night.

"He's too deep to be caught easily," he thought. "He'll let me into his house, because he knows there's nothing I can find out, watch as I may. Such a murder as that leaves no trace behind it. If I had been able to get hold of the girl, I might have frightened her into telling me something; but it's clear to me she has really bolted, or Wayman would never let me into his house."

For weeks Joyce Harker was a lodger at the 'Jolly Tar'; always on the watch; always ready to seize upon the smallest clue to the mystery of Valentine Jernam's death; but nothing came of his watching.

The police did their best to discover the key to the dreadful secret; but they worked in vain. The dead man's money had been partly in notes and gold, partly in bills of exchange. It was easy enough to dispose of such bills in the City. There were men ready to take them at a certain price, and to send them abroad; men who never ask questions of their customers.

So there was little chance of any light being thrown on this dark and evil mystery. Joyce watched and waited with dog-like fidelity, ready to seize upon the faintest clue; but he waited and watched in vain.

* * * * *