"Now, there are two little points may interest you gentlemen as expert deducers," said McKenna, with his hat on his head. "One is, I've found out who those detectives were that night—they're crooks. Second—and don't forget this—I share Mrs. Kildair's opinion that the ring is going to be returned."

"Then you know who took it!" exclaimed Beecher, while Gunther looked up suddenly.

"I don't know a single thing," said McKenna, "but I'm getting to the suspicious stage. So long."

The telephone had stopped. Beecher, left open-mouthed by the exit of McKenna, turned to Gunther, who had resumed his easy lounge.

"What the deuce is going on, Bruce? What's all this mystery?"

"Look over your mail," said Gunther irrelevantly.

Beecher obeyed the suggestion. At the end of a moment he exclaimed:

"Hello! Why, here's a note from Mrs. Kildair—sent by messenger, evidently."

"Read it."

Beecher glanced at it hurriedly.