"Isn't that the limit!" the lad presently gathered indignation enough to ejaculate.

"I expected something of the sort," was the reply. "We are up against professionals, you see, and not amateurs. This gang is being paid big money and does not intend either to fail in what it has undertaken or be trapped. We had it too easy at the beginning and were too much elated by our initial success."

"What are you going to do now?"

"I've wired New York for detectives. I ought to have followed my first impulse and done it immediately, and I should have had we not seemed on the high road to success without help. The plain-clothes men will probably be miffed at being called in now that we have meddled with the case and messed it all up."

"But I don't see how we have done any harm," retorted His Highness, feeling it a little ungrateful of Mr. Crowninshield to veer so quickly from commendation to censure.

"Oh, untrained people never can compete with skilled ones in any line," was the sharp answer. "I ought to have remembered it. Doubtless in our zeal we betrayed ourselves somehow and our man became suspicious and adopted other tactics in consequence."

"I don't believe so," Walter maintained stoutly. "I'll bet this is just what he had arranged to do anyway."

"Well, perhaps it was. We cannot tell about that," yawned the man at the other end of the wire. "The result, however, is the same. Instead of netting our catch we have allowed it to slip through our fingers."

There was an edge of exasperation in the tone.

"Maybe we'll have better luck than you think," ventured the lad, not knowing what else to say, and unwilling to betray his chagrin.