'Yes,' said Paul, cooled somewhat by his sister's calmness. 'I knew I ought to let you know. But I thought I never could. He wouldn't take the money August offered him, but he got it from the bank, on a forged note.'

'Paul!' exclaimed Josephine. The lad looked again at his sister; but he now saw through her horrified surprise; there was really no danger in continuing this revelation; elated, he went on:

'Forged and paid! so the young fellow told me. That's not Scheffer, understand. He don't know that I have got wind of it; he thinks it is safe with him; and you never would have known anything but for me! August thinks too much of you, I've found that out, to tell you, or me either, that Cromwell is a scamp.'

'What have I to do with all this, Paul?' asked his sister, with a well-assumed indifference. She had time now to consider whether she had not betrayed too much interest in the affairs of these young men, the scientific forger and the man of trade.

'Why,' answered Paul, with no less composure, inwardly rejoicing in what he considered his triumph, 'you have to make the best of it, I suppose—satisfy mother—marry Cromwell when he comes back, rich as Croesus, with ship-loads of treasure. That's what the handsome girls are for, to marry off to rich men, isn't it?'

Paul had had his say, but that was his only consolation. Whatever answer Josephine might have made was prevented by the voice of her mother calling from the foot of the stairs. Yet he chose to consider that sufficient confession, in regard to some of his suspicions, was given in her words as she went down; though what she said was merely,

'Paul, if you don't join the detectives, you'll fail of your mission.'

VII.

Scheffer's uniform good luck took a sudden turn one day. The fine row of buildings that faced the college grounds took fire one morning, and his shop was burned with the rest. He saved but little of his stock, and it was but recently that he had greatly added to it. His loss was a severe one.

Toward nightfall of that day, Paul looked for Scheffer, and found him in a room to which he had removed the remnants of his goods. He was alone there, and trying to come to an understanding with himself, singing meanwhile, but, it must be said, in not the most straightforward and perfectly musical manner.