“I am sure that is true, Sister Theresa.”

“Now I wish to speak to you about a matter of some delicacy. It is, I understand perfectly, no business of mine how much of a fortune Mr. Glenarm left. But this matter has been brought to my attention in a disagreeable way. Your grandfather established this school; he gave most of the money for these buildings. I had other friends who offered to contribute, but he insisted on doing it all. But now Mr. Pickering insists that the money—or part of it at least—was only a loan.”

“Yes; I understand.”

“Mr. Pickering tells me that he has no alternative in the matter; that the law requires him to collect this money as a debt due the estate.”

“That is undoubtedly true, as a general proposition. He told me in New York that he had a claim against you for fifty thousand dollars.”

“Yes; that is the amount. I wish to say to you, Mr. Glenarm, that if it is necessary I can pay that amount.”

“Pray do not trouble about it, Sister Theresa. There are a good many things about my grandfather’s affairs that I don’t understand, but I’m not going to see an old friend of his swindled. There’s more in all this than appears. My grandfather seems to have mislaid or lost most of his assets before he died. And yet he had the reputation of being a pretty cautious business man.”

“The impression is abroad, as you must know, that your grandfather concealed his fortune before his death. The people hereabouts believe so; and Mr. Pickering, the executor, has been unable to trace it.”

“Yes, I believe Mr. Pickering has not been able to solve the problem,” I said and laughed.

“But, of course, you and he will coöperate in an effort to find the lost property.”