IN WHICH PHIL VISITS THE HOUSE OF MR. COLLINGSBY, AND SEES MISS MARIAN.

I went to the counting-room at an early hour. My first care was to tie up the valuable package, which I had brought with me, in thick paper, and to seal it very carefully. I wrote my own name upon it, and then placed it in one of the drawers of the safe, the key of which was kept in the desk. I hoped to obtain permission, when Mr. Whippleton came to the counting-room, to visit St. Louis, especially as business was not as driving as usual. I did all my routine work, and the junior partner had not arrived. I was not anxious to see him for any other purpose than to obtain leave of absence. Indeed, the idea of meeting him was very embarrassing. After what his mother had said, I was satisfied that Mr. Whippleton had been using the funds of the firm in his own private speculations. It was evident that he had appropriated no less a sum than forty thousand dollars, which was represented by the fictitious invoices. I did not believe that he intended to purloin the money, but would replace it when his land speculations yielded their returns. Mr. Collingsby never examined the books thoroughly, and was not likely to discover the fraud. I knew all about it, and it suddenly flashed upon my mind that it would be wrong for me to be a party to a concealment.

I was not employed by Mr. Whippleton alone, but by the firm. My obligations were to both the partners; and though Mr. Collingsby never took any notice of me, my duty to him was just as urgent as to the junior. The thought startled me. My soul revolted at the idea of any treachery to Mr. Whippleton, who had always been very kind to me. But on the other hand, my moral sense revolted at the thought of concealing his fraud. I was troubled by the situation.

Mrs. Whippleton did not believe that her son's enterprise in real estate was a success. In her own words, he "had been bitten." It seemed to me that, in the end, there must be a fearful explosion. As I had the whole charge of the books now, I did not see how I could avoid any complicity with the fraud. In fact, I had already discovered it. I felt that I had a duty to perform, and that, if I exposed the junior partner, he, and not I, would be guilty of his fall. Was it meanness, ingratitude, or treachery in me to put Mr. Collingsby on his guard? If I could save Mr. Whippleton, I wished to do so. It was plain that he had come to a realizing sense of his danger, and was persecuting his mother to obtain the means of making good his deficit. But all the old lady's money would not cover the deficiency, and it was also impossible for him to obtain it. He had falsified the books, and he could not undo that.

If I continued to cover up Mr. Whippleton's error, I became a party to it. He was a bad man, and I could not fail to see my duty. I must inform Mr. Collingsby of what I had discovered. But though my duty was clear, my inclination rebelled. The junior partner had been kind and considerate; the senior, lofty and distant. It seemed almost like betraying my friend. While I was still considering the matter, Mr. Whippleton came in. I had not reached any conclusion, except that I would not be a party to the fraud by concealing it.

"Phil, do you know where Mr. Collingsby lives?" said the junior partner, while I was still in this state of doubt and uncertainty.

"I do, sir."

"I wish you would go up and show him this list of lumber," continued Mr. Whippleton, who seemed to be very much excited, and was very pale. "Tell him I can buy the lot at a very low figure if I can pay cash at one o'clock to-day."

"I wish you would send Robert," I replied, alluding to the new entry clerk. "I want to speak to you about the books."

"Never mind the books," he answered. "I want you to go, for you can tell him all about the cash of the concern. I heard just now that he was not very well, and probably would not be here to-day."