“That was five minutes to seven, and at seven I was relieved. The moment I was free I sneaked upstairs once more, and made use of the room adjoining Frost’s. By picking the lock of that room, and softly opening the window, I managed to get out on the fire escape, and in that way reached Frost’s window. The crack I had left[Pg 8] made it possible for me to hear every word they said, without the risk of being seen.”

“Very clever!” commented Elaine. “And what did you hear?”

CHAPTER III.
“GOOD-BY TO THE SIMPLE LIFE!”

He told her what he had heard, and her big, blue eyes grew bigger still with incredulous amazement.

“You take my breath away!” she gasped. “Alfred Knox Atherton, one of the idols of New York society, who is hand in glove with most of the ‘big bugs’! It sounds unbelievable.”

“It’s a bit of an eye opener, isn’t it?” chuckled the waiter. “What a sensation I could create if I hunted up a reporter and filled him up with the details of that little conversation in Frost’s room! But, of course, I’m not going to do anything of the kind. It’s too good a thing to give away. It’s a veritable gold mine, and I’m going to work it for all it’s worth.”

“Blackmail, I suppose?” the girl suggested calmly. “You will interview Mr. Atherton and tell him what you have discovered, and threaten to expose him unless he buys your silence?”

“Not so fast, my dear! That’s not quite the idea. I shall certainly interview Atherton and tell him what I have discovered, but instead of demanding money as the price of my silence, I shall demand a place in the firm. In other words, I shall say to Atherton: ‘I know everything. Let me stand in with you and share the loot, or I’ll give away the show!’”

The girl nodded approvingly.

“Yes, that will be much better than merely demanding money,” she said.