“On returning to the restaurant, you found your overcoat gone?”

“Yes.”

During this conversation a very strange expression came over Colonel Ellison’s face. He looked decidedly uncomfortable; and his glance shifted uneasily from the president to Redfern and back again.

It was plain that the similarity between the overcoats had been the means of losing the Colonel’s money.

After a short pause, Mr. Mosley continued:

“You made every effort to find the money which had been in your keeping, and failed?”

“Yes, yes—but tell me—has it been recovered?” asked Redfern, eagerly.

“Yes, I’m glad I can say that it has.”

Norman Redfern gave an exclamation of relief; his eyes sparkled with pleasure, while Colonel Ellison stopped abruptly in his walk, and stared down at him.

“Bully for you, Redfern!” cried Jack Lyons, enthusiastically. And George Clayton slapped his former tutor on the shoulder, and shook his hand warmly.