“A very sensible question, Miss Worthington. At first blush it does look significant, I must admit. But I have interrogated my friends, the inspectors, on that very point, and their explanation is satisfactory. They tell me that the reason they were so quick to suspect my client was because they learned that on that same day he had been trying unsuccessfully to borrow money from his friends at Branch X Y. Naturally that caused them to give him immediate attention.”

“And what does Owen say about this story that he was trying to borrow money?” inquired the girl anxiously. “Does he deny it?”

“No; on the contrary, he admits it,” replied Judge Lawrence, with a frown. “He was quite frank about the matter with the inspectors. He told them that he had a chance to buy a diamond ring at a great bargain yesterday. The ring was worth a hundred and twenty dollars, and its owner was willing to sell it for ninety. Owen had sixty dollars saved up, and tried to borrow the needed thirty from his fellow carriers. That was yesterday morning.”

“And he bought the ring last night,” sighed Dallas. “Where did he get the money? Hasn’t he explained?”

“Yes. He says that yesterday afternoon, when he had given up all hope of being able to raise the cash for the ring, he unexpectedly encountered a prosperous friend, a Boston man named Cowan, whom he had not seen for several years. Owen declares that Cowan loaned him the thirty dollars.”

“And he’s telling the truth, of course,” said Dallas.[Pg 47] “Surely it ought to be easy to prove that, Judge Lawrence. All we have to do is to get this Mr. Cowan to corroborate Owen’s statement.”

The lawyer smiled sadly. “That is where fate has dealt our young friend a nasty blow. Sheridan is a most unlucky fellow. It ought to be easy, as you say, to get this man Cowan to corroborate his statement—but it isn’t.”

“Why not?” demanded the girl. “You don’t mean to say that he denies it?”

“Not quite as bad as that,” replied the judge, “but almost. Fifteen minutes ago, Miss Worthington, I telephoned to this man’s hotel—Owen told me where he was stopping. The clerk informed me over the wire that Mr. Cowan died this morning of heart disease. My client’s statement cannot be corroborated. Fate seems to be on the side of Samuel J. Coggswell and his rascally crew.”

CHAPTER XI.
AN OFFER DECLINED.