“Yes, certainly.”

“How often is your balance sheet made up and your securities examined and checked off?”

“Once a month,” said Mellen, gazing.

“Does Mack attend to all that?”

“Yes, always.”

“Where are the securities kept?”

“In a compartment in our vault,” said Mellen. “Mack has one of the two keys. I carry the other.”

“Call in one of your clerks, Mr. Madden,” said Chick. “Let’s have a look at your last balance sheet, and compare it with the securities now in your vault.”

“Good heavens!” cried Mr. Madden, aghast. “You don’t suspect David Mack of embezzlement, do you?”

“Well, to be perfectly frank, that is precisely what I suspect,” Chick declared, more forcibly.