Let us glance for a moment at Thomas Sheard, of the Gleaner, who sat in his study, his head resting upon his clenched hand, his pipe cold.

Twelve o'clock, and the household sleeping. He had spent the early part of the night at Moorgate Place, had written his account of the murder, seen it consigned to the machines, and returned wearily home. Now, in the stillness, he was listening; every belated cab whose passing broke the silence of the night set his heart beating, for he was listening—listening for Séverac Bablon.

His faith was shaken.

He had been content to know himself the confidant of the man who had taken from Park Lane to give to the Embankment; of the man who had kidnapped four great millionaires and compelled them each to bear an equal share with himself, towards salving a wrecked bank; of the man, who assisted by M. Lemage, the first detective in Europe, had hoodwinked Scotland Yard. But the thought that he had called "friend" the man who had murdered, or caused to be murdered, Douglas Graham—whatever had been the dead man's character—was dreadful—terrifying.

It meant? It meant that if Séverac Bablon did not come, and come that night, to clear himself, then he, Sheard, must confess to his knowledge of him—must, at whatever personal cost, give every assistance in his power to those who sought to apprehend the murderer.

A key turned in the lock of the front door.

Sheard started to his feet. A soft step in the hall—and Séverac Bablon entered.

The journalist could find no words to greet him; but he stood watching the fine masterful face. There was a new, eager look in the long, dark eyes.

Séverac Bablon extended his hand. Sheard shook his head and resting his elbow on the mantelpiece, looked down into the dying embers of the fire.

"You, too, my friend?"