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in from the conservatory.

      “I have told nobody as yet,” Steel said, hoarsely. “Who in the name of Heaven are you?”

      “That in good time. But I did not think you were a coward.”

      “No man has ever told me so—face to face.”

      “Good again. I recognise the fighting ring in your voice. If you lack certain phases of moral courage, you are a man of pluck and resource. Now, somebody who is very dear to me is at present in Brighton, not very far from your own house. She is in dire need of assistance. You also are in dire need of assistance. We can be of mutual advantage to one another.”

      “What do you mean by that?” Steel whispered.

      “Let me put the matter on a business footing. I want you to help my friend, and in return I will help you. Bear in mind that I am asking you to do nothing wrong. If you will promise me to go to a certain address in Brighton to night and see my friend, I promise that before you sleep the sum of £1,000 in Bank of England notes shall be in your possession.”

      No reply came from Steel. He could not have spoken at that moment for the fee-simple of Golconda. He could only hang gasping to the telephone. Many a strange and weird plot came and went in that versatile brain, but never one more wild than this. Apparently no reply was expected, for the speaker resumed:—

      “I am asking you to do no wrong. You may naturally desire to know why my friend does not come to you. That must remain my secret, our secret. We are trusting you because we know you to be a gentleman, but we have enemies who are ever on the watch. All you have to do is to go to a certain place and give a certain woman information. You are thinking that this is a strange mystery. Never was anything stranger dreamt of in your philosophy. Are you agreeable?”

      The mocking tone died out of the small, clear voice until it was almost pleading.

      “You have taken me at a disadvantage,” Steel said. “And you know—”

      “Everything. I am trying to save you from ruin. Fortune has played you into my hands. I am perfectly aware that if you were not on the verge of social extinction you would refuse my request. It is in your hands to decide. You know that Beckstein, your creditor, is absolutely merciless. He will get his money back and more besides. This is his idea of business. To-morrow you will be an outcast—for the time, at any rate. Your local creditors will be insolent to you; people will pity you or blame you, as their disposition lies. On the other hand, you have but to say the word and you are saved. You can go and see the Brighton representatives of Beckstein’s lawyers, and pay them in paper of the Bank of England.”

      “If I was assured of your bona-fides,” Steel murmured.

      A queer little laugh, a laugh of triumph, came over the wires.

      “I have anticipated that question. Have you Greenwich time about you?”

      Steel responded that he had. It was five-and-twenty minutes past twelve. He had quite ceased to wonder at any questions put to him now. It was all so like one of his brilliant little extravanganzas.

      “You can hang up your receiver for five minutes,” the voice said. “Precisely at half-past twelve you go and look on your front doorstep. Then come back and tell me what you have found. You need not fear that I shall go away.”

      Steel hung up the receiver, feeling that he needed a little rest. His cigarette was actually scorching his left thumb and forefinger, but he was heedless of the fact. He flicked up the dining-room lights again and rapidly made himself a sparklet soda, which he added to a small whisky. He looked almost lovingly at the gleaming Cellini tankard, at the pools of light on the fair damask. Was it possible that he was not going to lose all this, after all?

      The Moorish clock in the study droned the half-hour.

      David gulped down his whisky and crept shakily to the front door with a feeling on him that he was doing something stealthily. The bolts and chain rattled under his trembling fingers. Outside, the whole world seemed to be sleeping. Under the wide canopy of stars some black object picked out with shining points lay on the white marble breadth of the top step. A gun-metal cigar-case set in tiny diamonds.

      The novelist fastened the front door and staggered to the study. A pretty, artistic thing such as David had fully intended to purchase for himself. He had seen one exactly like it in a jeweller’s window in North Street. He had pointed it out to his mother. Why, it was the very one! No doubt whatever about it! David had had the case in his hands and had reluctantly declined the purchase.

      He pressed the spring, and the case lay open before him. Inside were papers, soft, crackling papers; the case was crammed with them. They were white and clean, and twenty-five of them in all. Twenty-five Bank of England notes for £10 each—£250!

      David fought the dreamy feeling off and took down the telephone receiver.

      “Are you there?” he whispered, as if fearful of listeners. “I—I have found your parcel.”

      “Containing the notes. So far so good. Yes, you are right, it is the same cigar-case you admired so much in Lockhart’s the other day. Well, we have given you an instance of our bona-fides. But £250 is of no use to you at present. Beckstein’s people would not accept it on account—they can make far more money by ‘selling you up,’ as the poetic phrase goes. It is in your hands to procure the other £750 before you sleep. You can take it as a gift, or, if you are too proud for that, you may regard it as a loan. In which case you can bestow the money on such charities as commend themselves to you. Now, are you going to place yourself entirely in my hands?”

      Steel hesitated no longer. Under the circumstances few men would, as he had a definite assurance that there was nothing dishonourable to be done. A little courage, a little danger, perhaps, and he could hold up his head before the world; he could return to his desk to-morrow with the passion flowers over his head and the scent groves sweet to his nostrils. And the mater could dream happily, for there would be no sadness or sorrow in the morning.

      “I will do exactly what you tell me,” he said.

      “Spoken like a man,” the voice cried. “Nobody will know you have left the house—you can be home in an hour. You will not be missed. Come, time is getting short, and I have my risks as well as others. Go at once to Old Steine. Stand on the path close under the shadow of the statue of George IV. and wait there. Somebody will say ‘Come,’ and you will follow. Goodnight.”

      Steel would have said more, but the tinkle of his own bell told him that the stranger had rung off. He laid his cigar-case on the writing-table, slipped his cigarette-case into his pocket, satisfied himself that he had his latch-key, and put on a dark overcoat. Overhead the dear old mater was sleeping peacefully. He closed the front door carefully behind him and strode resolutely into the darkness.

      II. THE CRIMSON BLIND

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      David walked swiftly along, his mind in a perfect whirl. Now that once he had started he was eager to see the adventure through. It was strange, but stranger things had happened. More than one correspondent with queer personal experiences had taught him that. Nor was Steel in the least afraid. He was horribly frightened of disgrace or humiliation, but physical courage he had in a high degree. And was he not going to save his home and his good name?

      David had not the least doubt on the latter score. Of course he would do nothing wrong, neither would he keep the money. This he preferred to regard as a loan—a loan to be paid off before long. At any rate, money or no money, he would have been sorry to have abandoned the adventure now.

      His spirits rose as he walked along, a great weight had fallen from his shoulders. He smiled as he thought of his mother peacefully sleeping at home. What would his mother think if she knew? But, then, nobody was to know. That had been expressly settled in the bond.

      Save for an occasional policeman the streets were

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