"I am inclined to believe that he is innocent," I replied. "He showed no embarrassment when I addressed him, and no uneasiness when the guard came round. His conversation was open to a fault. I might almost say that he talked too freely of the business which he had in hand."

"That again is strange, for I know no one more reticent on such subjects. He actually told you that he had the seventy-five thousand pounds in his pocket?"

"He did."

"Humph! My wife has an idea about it, and she may be right——"

"What idea?"

"Well, she fancies—women are so clever, you know, at putting themselves inside people's motives—she fancies that he was tempted, that he did actually take the money, and that he has been concealing himself these three months in some wild part of the country, struggling possibly with his conscience all the time, and daring neither to abscond with his booty nor to come back and restore it."

"But now that he has come back?"

"That is the point. She conceives that he has probably thrown himself upon the company's mercy, made restitution of the money, and, being forgiven, is permitted to carry the business through as if nothing whatever had happened."

"The last," I replied, "is an impossible case. Mrs. Jelf thinks like a generous and delicate-minded woman, but not in the least like a board of railway directors. They would never carry forgiveness so far."

"I fear not; and yet it is the only conjecture that bears a semblance of likelihood. However, we can run over to Clayborough tomorrow and see if anything is to be learned. By the way, Prendergast tells me you picked up his cigar-case."