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Mr. Portlethorpe. "Papers, letters, all that sort of thing—all in order. He had been living in London for a year or two at that time; but, according to his own account, he had gone pretty well all over the world during the thirty years' absence. He'd been a ship's surgeon—he'd been attached to the medical staff of more than one foreign army, and had seen service—he'd been on one or two voyages of discovery—he'd lived in every continent—in fact, he'd had a very adventurous life, and lately he'd married a rich American heiress."

      "Oh, Lady Carstairs is an American, is she?" remarked Mr. Lindsey.

      "Just so—haven't you met her?" asked Mr. Portlethorpe.

      "Never set eyes on her that I know of," replied Mr. Lindsey. "But go on."

      "Well, of course, there was no doubt of Sir Gilbert's identity," continued Mr. Portlethorpe; "and as there was also no doubt that Sir Alexander had died intestate, we at once began to put matters right. Sir Gilbert, of course, came into the whole of the real estate, and he and Mrs. Ralston shared the personalty—which, by-the-by, was considerable: they both got nearly a hundred thousand each, in cash. And—there you are!"

      "That all?" asked Mr. Lindsey.

      Mr. Portlethorpe hesitated a moment—then he glanced at me.

      "Moneylaws is safe at a secret," said Mr. Lindsey. "If it is a secret."

      "Well, then," answered Mr. Portlethorpe, "it's not quite all. There is a circumstance which has—I can't exactly say bothered—but has somewhat disturbed me. Sir Gilbert Carstairs has now been in possession of his estates for a little over a year, and during that time he has sold nearly every yard of them except Hathercleugh!"

      Mr. Lindsey whistled. It was the first symptom of astonishment that he had manifested, and I glanced quickly at him and saw a look of indescribable intelligence and almost undeniable cunning cross his face. But it went as swiftly as it came, and he merely nodded, as if in surprise.

      "Aye!" he exclaimed. "Quick work, Portlethorpe."

      "Oh, he gave good reasons!" answered Mr. Portlethorpe. "He said, from the first, that he meant to do it—he wanted, and his wife wanted too, to get rid of these small and detached Northern properties, and buy a really fine one in the South of England, keeping Hathercleugh as a sort of holiday seat. He'd no intention of selling that, at any time. But—there's the fact!—he's sold pretty nearly everything else."

      "I never heard of these sales of land," remarked Mr. Lindsey.

      "Oh, they've all been sold by private treaty," replied Mr. Portlethorpe. "The Carstairs property was in parcels, here and there—the last two baronets before this one had bought considerably in other parts. It was all valuable—there was no difficulty in selling to adjacent owners."

      "Then, if he's been selling to that extent, Sir Gilbert must have large sums of money at command—unless he's bought that new estate you're talking of," said Mr. Lindsey.

      "He has not bought anything—that I know of," answered Mr. Portlethorpe. "And he must have a considerable—a very large—sum of money at his bankers'. All of which," he continued, looking keenly at Mr. Lindsey, "makes me absolutely amazed to hear what you've just told me. It's very serious, this charge you're implying against him, Lindsey! Why should he want to take men's lives in this fashion! A man of his position, his great wealth—"

      "Portlethorpe!" broke in Mr. Lindsey, "didn't you tell me just now that this man, according to his own account, has lived a most adventurous life, in all parts of the world? What more likely than that in the course of such a life he made acquaintance with queer characters, and—possibly—did some queer things himself? Isn't it a significant thing that, within a year of his coming into the title and estates, two highly mysterious individuals turn up here, and that all this foul play ensues? It's impossible, now, to doubt that Gilverthwaite and Phillips came into these parts because this man was already here! If you've read all the stuff that's been in the papers, and add to it just what we've told you about this last adventure with the yacht, you can't doubt it, either."

      "It's very, very strange—all of it," agreed Mr. Portlethorpe. "Have you no theory, Lindsey?"

      "I've a sort of one," answered Mr. Lindsey. "I think Gilverthwaite and Phillips probably were in possession of some secret about Sir Gilbert Carstairs, and that Crone may have somehow got an inkling of it. Now, as we know, Gilverthwaite died, suddenly—and it's possible that Carstairs killed both Phillips and Crone, as he certainly meant to kill this lad. And what does it all look like?"

      Before Mr. Portlethorpe could reply to that last question, and while he was shaking his head over it, one of our junior clerks brought in Mrs. Ralston of Craig, at the mention of whose name Mr. Lindsey immediately bustled forward. She was a shrewd, clever-looking woman, well under middle age, who had been a widow for the last four or five years, and was celebrated in our parts for being a very managing and interfering sort of body who chiefly occupied herself with works of charity and philanthropy and was prominent on committees and boards. And she looked over the two solicitors as if they were candidates for examination, and she the examiner.

      "I have been to the police, to find out what all this talk is about Sir Gilbert Carstairs," she began at once. "They tell me you know more than they do, Mr. Lindsey. Well, what have you to say? And what have you to say, Mr. Portlethorpe? You ought to know more than anybody. What does it all amount to!"

      Mr. Portlethorpe, whose face had become very dismal at the sight of Mrs. Ralston, turned, as if seeking help, to Mr. Lindsey. He was obviously taken aback by Mrs. Ralston's questions, and a little afraid of her; but Mr. Lindsey was never afraid of anybody, and he at once turned on his visitor.

      "Before we answer your questions, Mrs. Ralston," he said, "there's one I'll take leave to ask you. When Sir Gilbert came back at your father's death, did you recognize him?"

      Mrs. Ralston tossed her head with obvious impatience.

      "Now, what ridiculous nonsense, Mr. Lindsey!" she exclaimed. "How on earth do you suppose that I could recognize a man whom I hadn't seen since I was a child of seven—and certainly not for at least thirty years? Of course I didn't!—impossible!"

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      It was now Mr. Portlethorpe and I who looked at each other—with a mutual questioning. What was Mr. Lindsey hinting, suggesting? And Mr. Portlethorpe suddenly turned on him with a direct inquiry.

      "What is it you are after, Lindsey?" he asked. "There's something in your mind."

      "A lot," answered Mr. Lindsey. "And before I let it out, I think we'd better fully inform Mrs. Ralston of everything that's happened, and of how things stand, up to and including this moment. This is the position, Mrs. Ralston, and the facts"—and he went on to give his caller a brief but complete summary of all that he and Mr. Portlethorpe had just talked over. "You now see how matters are," he concluded, at the end of his epitome, during his delivery of which the lady had gradually grown more and more portentous of countenance. "Now,—what do you say?"

      Mrs. Ralston spoke sharply and decisively.

      "Precisely what I have felt inclined to say more than once of late!" she answered. "I'm beginning to suspect that the man who calls himself Sir Gilbert Carstairs is not Sir Gilbert Carstairs at all! He's an impostor!"

      In spite of my subordinate position as a privileged but inferior member of the conference, I could not help letting out a hasty exclamation of astonishment at that. I was thoroughly and genuinely astounded—such a notion as that had never once occurred to me. An impostor!—not the real man? The idea was amazing—and Mr. Portlethorpe found it amazing, too, and he seconded my exclamation with another, and emphasized it with an incredulous laugh.

      "My dear madam!" he said deprecatingly. "Really! That's impossible!"

      But Mr. Lindsey, calmer than ever, nodded his head confidently.

      "I'm absolutely of Mrs. Ralston's

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