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of a hundred-dollar one. He heard them crackle under the man’s fingers, and it was like crisp laughter in his ears. The bills were evidently new and unused.

      But, side by side with the excitement caused by the shock of such an event, Blake’s caution, acquired by a year of vivid New York experience, was meanwhile beginning to assert itself. It all seemed just a little too much out of the likely order of things to be quite right. The police courts had taught him the amazing ingenuity of the criminal mind, as well as something of the plots and devices by which the unwary are beguiled into the dark places where blackmail may be levied with impunity. New York, as a matter of fact, just at that time was literally undermined with the secret ways of the blackmailers, the green-goods men, and other police-protected abominations; and the only weak point in the supposition that this was part of some such proceeding was the selection of himself—a poor newspaper reporter—as a victim. It did seem absurd, but then the whole thing was so out of the ordinary, and the thought once having entered his mind, was not so easily got rid of. Blake resolved to be very cautious.

      The man meanwhile, though he never appeared to raise his eyes from the carpet, had been watching him closely all the time.

      “If you will give me a receipt I’ll leave the money at once,” he said, with just a vestige of impatience in his tone, as if he were anxious to bring the matter to a conclusion as soon as possible.

      “But you say it is quite impossible for you to tell me the name of my well-wisher, or why she sends me such a large sum of money in this extraordinary way?”

      “The money is sent to you because you are in need of it,” returned the other; “and it is a present without conditions of any sort attached. You have to give me a receipt only to satisfy the sender that it has reached your hands. The money will never be asked of you again.”

      Blake noticed two things from this answer: first, that the man was not to be caught into betraying the sex of the well-wisher; and secondly, that he was in some hurry to complete the transaction. For he was now giving reasons, attractive reasons, why he should accept the money and make out the receipt.

      Suddenly it flashed across his mind that if he took the money and gave the receipt before a witness, nothing very disastrous could come of the affair. It would protect him against blackmail, if this was, after all, a plot of some sort with blackmail in it; whereas, if the man were a madman, or a criminal who was getting rid of a portion of his ill-gotten gains to divert suspicion, or if any other improbable explanation turned out to be the true one, there was no great harm done, and he could hold the money till it was claimed, or advertised for in the newspapers. His mind rapidly ran over these possibilities, though, of course, under the stress of excitement, he was unable to weigh any of them properly; then he turned to his strange visitor again and said quietly—

      “I will take the money, although I must say it seems to me a very unusual transaction, and I willgive you for it such a receipt as I think proper under the circumstances.”

      “A proper receipt is all I want,” was the answer.

      “I mean by that a receipt before a proper witness—”

      “Perfectly satisfactory,” interrupted the man, his eyes still on the carpet. “Only, it must be dated, and headed with your address here in the correct way.”

      Blake could see no possible objection to this, and he at once proceeded to obtain his witness. The person he had in his mind was a Mr. Barclay, who occupied the room above his own; an old gentleman who had retired from business and who, the landlady always said, was a miser, and kept large sums secreted in his room. He was, at any rate, a perfectly respectable man and would make an admirable witness to a transaction of this sort. Blake made an apology and rose to fetch him, crossing the room in front of the sofa where the man sat, in order to reach the door. As he did so, he saw for the first time the other side of his visitor’s face, the side that had been always so carefully turned away from him.

      There was a broad smear of blood down the skin from the ear to the neck. It glistened in the gaslight.

      Blake never knew how he managed to smother the cry that sprang to his lips, but smother it he did. In a second he was at the door, his knees trembling, his mind in a sudden and dreadful turmoil.

      His main object, so far as he could recollect afterwards, was to escape from the room as if he had noticed nothing, so as not to arouse the other’s suspicions. The man’s eyes were always on the carpet, and probably, Blake hoped, he had not noticed the consternation that must have been written plainly on his face. At any rate he had uttered no cry.

      In another second he would have been in the passage, when suddenly he met a pair of wicked, staring eyes fixed intently and with a cunning smile upon his own. It was the other’s face in the mirror calmly watching his every movement.

      Instantly, all his powers of reflection flew to the winds, and he thought only upon the desirability of getting help at once. He tore upstairs, his heart in his mouth. Barclay must come to his aid. This matter was serious—perhaps horribly serious. Taking the money, or giving a receipt, or having anything at all to do with it became an impossibility. Here was crime. He felt certain of it.

      In three bounds he reached the next landing and began to hammer at the old miser’s door as if his very life depended on it. For a long time he could get no answer. His fists seemed to make no noise. He might have been knocking on cotton wool, and the thought dashed through his brain that it was all just like the terror of a nightmare.

      Barclay, evidently, was still out, or else sound asleep. But the other simply could not wait a minute longer in suspense. He turned the handle and walked into the room. At first he saw nothing for the darkness, and made sure the owner of the room was out; but the moment the light from the passage began a little to disperse the gloom, he saw the old man, to his immense relief, lying asleep on the bed.

      Blake opened the door to its widest to get more light and then walked quickly up to the bed. He now saw the figure more plainly, and noted that it was dressed and lay only upon the outside of the bed. It struck him, too, that he was sleeping in a very odd, almost an unnatural, position.

      Something clutched at his heart as he lookedcloser. He stumbled over a chair and found the matches. Calling upon Barclay the whole time to wake up and come downstairs with him, he blundered across the floor, a dreadful thought in his mind, and lit the gas over the table. It seemed strange that there was no movement or reply to his shouting. But it no longer seemed strange when at length he turned, in the full glare of the gas, and saw the old man lying huddled up into a ghastly heap on the bed, his throat cut across from ear to ear.

      And all over the carpet lay new dollar bills, crisp and clean like those he had left downstairs, and strewn about in little heaps.

      For a moment Blake stood stock-still, bereft of all power of movement. The next, his courage returned, and he fled from the room and dashed downstairs, taking five steps at a time. He reached the bottom and tore along the passage to his room, determined at any rate to seize the man and prevent his escape till help came.

      But when he got to the end of the little landing he found that his door had been closed. He seized the handle, fumbling with it in his violence. It felt slippery and kept turning under his fingers without opening the door, and fully half a minutepassed before it yielded and let him in headlong.

      At the first glance he saw the room was empty, and the man gone!

      Scattered upon the carpet lay a number of the bills, and beside them, half hidden under the sofa where the man had sat, he saw a pair of gloves—thick, leathern gloves—and a butcher’s knife. Even from the distance where he stood the blood-stains on both were easily visible.

      Dazed and confused by the terrible discoveries of the last few minutes, Blake stood in the middle of the room, overwhelmed and unable to think or move. Unconsciously he must have passed his hand over his forehead in the natural gesture of perplexity, for he noticed that the skin felt wet and sticky. His hand was covered with blood! And when he rushed in terror to the looking-glass, he saw that there was a broad red smear across his face and forehead. Then he remembered the slippery handle of the door and knew that

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