He nodded, and strode out after the managing director of Punsonby's.

They made a little group of four.

"Can I see you in my flat for a moment, Mr. White?"

"Certainly," said Mr. White cheerfully.

"You don't want us any more?" asked the detective.

"No," said Mr. White; then: "Are you quite sure you searched the bottom drawer of the bureau?"

"Perfectly sure," said the detective irritably, "you don't suppose I've been at this job for twenty years and should overlook the one place where I expected to find the letters."

Mr. White was saved the labour of framing a suitable retort, for the door of Mr. Beale's flat was flung open and Mr. Beale came forth. His grey hat was on the back of his head and he stood erect with the aid of the door-post, surveying with a bland and inane smile the little knot of men.

"Why," he said jovially, "it's the dear old doctor, and if my eyes don't deceive me, it's the jolly old Archbishop."

Mr. White brindled. That he was known as the Archbishop in the intimate circles of his acquaintances afforded him a certain satisfaction. That a perfect stranger, and a perfectly drunken stranger at that, should employ a nickname which was for the use of a privileged few, distressed him.

"And," said the swaying man by the door, peering through the half-darkness: "Is it not Detective-Sergeant Peterson and Constable Fairbank? Welcome to this home of virtue."

The detective-sergeant smiled but said nothing. The doctor fingered his beard indecisively, but Mr. White essayed to stride past, his chin in the air, ignoring the greeting, but Mr. Beale was too quick for him. He lurched forward, caught the lapels of the other's immaculate frock-coat and held himself erect thereby.

"My dear old Whitey," he said.

"I don't know you, sir," cried Mr. White, "will you please unhand me?"

"Don't know me, Whitey? Why you astonishing old thing!"

He slipped his arm over the other's shoulder in an attitude of affectionate regard. "Don't know old Beale?"

"I never met you before," said Mr. White, struggling to escape.

"Bless my life and soul," said Mr. Beale, stepping back, shocked and hurt, "I call you to witnesh, Detective-Sergeant Peterson and amiable Constable Fairbank and learned Dr. van Heerden, that he has denied me.

And it has come to this," he said bitterly, and leaning his head against the door-post he howled like a dog.

"I say, stop your fooling, Beale," said the doctor angrily, "there's been very serious business here, and I should thank you not to interfere."

Mr. Beale wiped imaginary tears from his eyes, grasped Mr. White's unwilling hand and shook it vigorously, staggered back to his flat and slammed the door behind him.

"Do you know that man?" asked the doctor, turning to the detective.

"I seem to remember his face," said the sergeant. "Come on, Fred. Good morning, gentlemen."

They waited till the officers were downstairs and out of sight, and then the doctor turned to the other and in a different tone from any he had employed, said:

"Come into my room for a moment, White," and Mr. White followed him obediently.

They shut the door and passed into the study, with its rows of heavily bound books, its long table covered with test-tubes and the paraphernalia of medical research.

"Well," said White, dropping into a chair, "what happened?"

"That is what I want to know," said the doctor.

He took a cigarette from a box on the table and lit it and the two men looked at one another without speaking.

"Do you think she had the letters and hid them?"

"Impossible," replied the doctor briefly.

White grunted, took a cigar from a long leather case, bit off the end savagely and reached out his hand for a match.

"'The best-laid schemes of mice and men!'" he quoted.

"Oh, shut up," said the doctor savagely.

He was pacing the study with long strides. He stopped at one end of the room staring moodily through the window, his hands thrust in his pockets.

"I wonder what happened," he said again. "Well, that can wait. Now just tell me exactly how matters stand in regard to you and Punsonby's."

"I have all the figures here," said Mr. White, as he thrust his hand into the inside pocket of his frock-coat, "I can raise 40,000 by debentures and--hello, what's this?"

He drew from his pocket a white packet, fastened about by a rubber band.

This he slipped off and gasped, for in his hands were three registered letters, and they were addressed to Messrs. Punsonby, and each had been slit open.

CHAPTER V

THE MAN WITH THE BIG HEAD

No. 342, Lothbury, is a block of business offices somewhat unpretentious in their approach but of surprising depth and importance when explored.

Oliva Cresswell stood for awhile in the great lobby, inspecting the names of the occupants, which were inscribed on porcelain slips in two big frames on each wall of the vestibule.

After a lengthy search she discovered the name of the Beale Agency under the heading "fourth floor" and made her way to the elevator.

Mr. Beale's office was at the end of a seemingly interminable corridor and consisted, as she was to find, of an outer and an inner chamber. The outer was simply furnished with a table, two chairs and a railed fence bisected with a little wooden gateway.

A boy sat at one table, engaged in laborious exercise on a typewriter with one finger of one hand.

He jumped up as she came through the door.

"Miss Cresswell?" he asked. "Mr. Beale will see you."

He opened the wicket-gate and led the way to a door marked "Private."

It was Beale who opened the door in response to the knock.