"No," replied Mr. Ashley. "There are four persons, of all those who were in my manufactory on Saturday night, for whom I will answer as confidently as I would for myself. James Meeking and George Dance are two. I believe them both to be honest as the day; and if additional confirmation that it was not they were necessary, neither of them stirred from beneath my own eye during the possible time of the loss. The other two are Samuel Lynn and William Halliburton. Samuel Lynn is above suspicion; and I have watched William grow up from boyhood—always upright, truthful and honourable; but more truthful, more honourable, year by year, as the years have passed."

"I dare say he is," acquiesced Mr. Dare. "Indeed, I like his look myself. There's something unusually frank about it. Of course you will have it officially investigated? I came down to offer you my services in the matter."

"You are very good," was the reply of Mr. Ashley. "Before entering farther into the affair, I must be fully convinced that the cheque's disappearance was not caused by myself. I——"

"By yourself?" interrupted Mr. Dare, in surprise.

"I do not think it was, mind; but there is a chance of it. I remember tearing up a paper or two after I received the cheque, and putting the pieces, as I believe, into the waste-paper basket. But I won't answer for it that I did not put them into the fire instead, as I passed it on my way to Mr. Lynn's room to call over the parcels bill."

"But you would not tear up the cheque?" cried Mr. Dare.

"Certainly not, intentionally. If I did it through carelessness, all I can say is, I have been very careless. No; I shall not stir in this matter for a day or two."

"But why wait?" asked Mr. Dare.

"If the cheque was stolen, it was probably changed somewhere in the town that same night; and this will soon be known. I shall wait."

Mr. Dare could not bring Mr. Ashley to a more business-like frame of mind. He left the manufactory, and went straight to the police-station, there to hold an interview with Mr. Sergeant Delves, a popular officer, with whom Mr. Dare had had dealings before. He stated the case to him, and desired Mr. Delves to ferret out what he could.