“All in good time,” said Nick. “There is little use in discussing suspicions.”

“Do you think the diamonds are still in this house?” asked the young man.

“I know that they are not,” was the reply.

In a few words Nick explained the events of the afternoon in the city. Charley gave an exclamation of vexation.

“If the sailors stole the diamonds,” he said, “and gave them to the agent, and some one unknown and untraceable stole them from the agent, what chance do I have of ever getting them back? If the sailors, who were in the house for a felonious purpose, did not murder my uncle, who did? I think we are further from the end of the case than when we began.”

“If I have my usual luck,” replied Nick, “you shall hear the end of the case before another sunrise.”

“Then you must know exactly what you are doing,” said Charley. “I am sure that no one else does.”

“Right you are,” replied Nick. “There is one chance in two that I have located the diamonds. Be patient until the time for the disclosure comes.”