“I saw our boat coming, and I struck a match and lit a piece of newspaper to show them where we were. In thirty minutes we were on board the yacht.

“The first thing, Mr. Wahrfield and his daughter and I took the grip into the owner’s cabin, opened it up, and took an inventory. There was one hundred and five thousand dollars, United States treasury notes, in it, besides a lot of diamond jewelry and a couple of hundred Havana cigars. I gave the old man the cigars and a receipt for the rest of the lot, as agent for the company, and locked the stuff up in my private quarters.

“I never had a pleasanter trip than that one. After we got to sea the young lady turned out to be the jolliest ever. The very first time we sat down to dinner, and the steward filled her glass with champagne—that director’s yacht was a regular floating Waldorf-Astoria—she winks at me and says, ‘What’s the use to borrow trouble, Mr. Fly Cop? Here’s hoping you may live to eat the hen that scratches on your grave.’ There was a piano on board, and she sat down to it and sung better than you give up two cases to hear plenty times. She knew about nine operas clear through. She was sure enough bon ton and swell. She wasn’t one of the ‘among others present’ kind; she belonged on the special mention list!

“The old man, too, perked up amazingly on the way. He passed the cigars, and says to me once, quite chipper, out of a cloud of smoke, ‘Mr. O’Day, somehow I think the Republic Company will not give me the much trouble. Guard well the gripvalise of the money, Mr. O’Day, for that it must be returned to them that it belongs when we finish to arrive.’

“When we landed in New York I ’phoned to the chief to meet us in that director’s office. We got in a cab and went there. I carried the grip, and we walked in, and I was pleased to see that the chief had got together that same old crowd of moneybugs with pink faces and white vests to see us march in. I set the grip on the table. ‘There’s the money,’ I said.

“‘And your prisoner?’ said the chief.

“I pointed to Mr. Wahrfield, and he stepped forward and says:

“‘The honour of a word with you, sir, to explain.’

“He and the chief went into another room and stayed ten minutes. When they came back the chief looked as black as a ton of coal.

“‘Did this gentleman,’ he says to me, ‘have this valise in his possession when you first saw him?’