"And the door was conveniently unlatched and ready, so he simply fetched in the inspector, and took him straight down into the vaults. Didn't get his watch, I suppose?"

Mr. Naylor-Brent jumped suddenly to his feet, all his self-possession gone for the moment.

"Gad! I never thought of that. Hang it! man, you're making a bigger puzzle of it than ever. You're not insinuating that that boy murdered old Simmons, are you? I can't believe that."

"I'm not insinuating anything," responded Cleek blandly, "but I have to look at things from every angle there is. When you got downstairs with the inspector, Mr. Brent, did you happen to notice the safe or not?"

"Yes, I did. Indeed, I fear that was my first thought—it was natural, with £200,000 Bank of England notes to be responsible for—and at first I thought everything was all right. Then young Wilson told me that he himself had closed the safe door.... What are you smiling at, Mr. Headland? It's no laughing matter, I assure you!"

The queer little one-sided smile, so indicative of the man, travelled for a moment up Cleek's cheek and was gone again in a twinkling.

"Nothing," he responded briefly. "Just a passing thought. Then you mean to say young Wilson closed the safe. Did he know the notes had vanished? But of course you said he knew nothing of them. But if they were there when he looked in—"

His voice trailed off into silence, and he let the rest of the sentence go by default. Mr. Brent's face flushed crimson with excitement.

"Why, at that rate," he ejaculated, "the money wasn't stolen until young Wilson sent the inspector up for me. And we let him walk quietly out! You were right, Mr. Headland, if I had only done my duty and told Inspector Corkran at once—"

"Steady man, steady. I don't say it is so," put in Cleek with a quiet little smile. "I'm only trying to find light—"