“I see the point.”

“Furthermore, there are ten thousand dollars involved, or jewels valued at close upon thirty,” Nick added. “Those may be the incentive to knavery of some kind. There seems to be no other motive for a crime, in fact, assuming that a crime really has been committed.”

“That’s right, too, chief,” nodded Patsy. “There seems to be nothing else to be gained, if Lord Waldmere had told a straight story.”

“I have no doubt of that.”

“But what could the loan company gain by abducting the woman?” Chick questioned, perplexed. “The jewels must be in their possession.”

“Very true,” Nick admitted. “They knew that Lady Waldmere had called to redeem them, and that she must have brought the funds with which to do so. They may not have known, however, that she intended redeeming the pledge with a certified check. They may have thought that she had the ten thousand dollars in cash on her person.”

“Gee! that listens good to me, chief!” cried Patsy, quick to see the point. “That seems to be the only way to size it up.”

“That is one way, at least,” Nick replied, smiling a bit oddly.

“But it must have been a mighty slick job, Nick, in that case,” Chick objected, with manifest doubt of the theory advanced by the other.

“It was a slick job.”