"May I ask when?"

"Within the next few minutes."

Bullard saw light. Alan Craig's money!

"Really?" he said. "But would it not be better if Mr. Lancaster were to make the payment personally?"

"Does it matter to the Syndicate who pays the money?"

"Of course not."

"Thanks." Teddy brought forth a couple of bundles of bonds and share certificates. "How much is the debt?"

"Twenty-four thousand and seventy-five pounds."

"Wish I had that much," said Teddy, "but I can only give what I've got."

He rose, placed the bundles on the desk, and sat down again. "There's a trifle over five thousand pounds in my little lot," he went on, "and with each certificate you'll find a signed transfer in your favour, Mr.

Bullard. To save time"--he glanced at his watch--"I'll ask you to take my word for that."

Bullard put out his hand and touched the bundles. "Your securities, you say, are worth a little over five thousand pounds?"

"Right!"

"Well?"

"Well, Mr. Bullard?"

"What about the balance of twenty--or say nineteen--thousand?"

Teddy smiled. "That's your affair, Mr. Bullard."

"I should be obliged," said Bullard slowly, "if you would talk sense."

"I've written it down," Teddy said, and pa.s.sed him a sheet of paper bearing these words:

"I, Francis Bullard, London Managing Director of the Aasvogel Syndicate, hereby acknowledge that I have this day received the sum of ... being the full amount due to the Syndicate by Mr. Robert Lancaster, whose debt is hereby discharged."

"What the devil is this?"

"Now don't frown and crumple it up and throw it away, as if you were on the stage, Mr. Bullard," said Teddy. "You were never more in real life than you are now. Take your pen, fill in the blank, sign at foot, and return to me. And listen! The man you lied so well about at the inquest, entered your office by the door, at ten-seventeen last night."

Bullard's countenance took on a curious shade. Almost in his heart the young man pitied him.

"If the man entered by the door, you know more about his movements than I do," came the retort. "Why didn't you say so at the inquest?"

"Mr. Bullard, I give you two minutes by my watch to complete and sign that receipt."

"You cursed young fool, do you think to blackmail me?"

"If you like to call it that--well, I'm afraid I must accept the word,"

said Teddy, watch in hand. "But somehow one doesn't mind so much blackmailing a blackguard.--Sit still! You can't afford two inquests in a week-end."

"What do you imagine it proves if the man did enter by the door, you prying, sneaking puppy?"

"Thirty seconds gone."

"Oh, get out of this! I'm not afraid of you. I've a good mind--"

"There was no light in your window when the man fell. At the inquest you said you had just switched on the lights."

Bullard's clenched fists relaxed; his face became moist and shiny.

"Do you want to hear any more?" said Teddy. "One minute left."

Bullard writhed. "Suppose I haven't got the money," he said at last.

"You can find it."

"And what guarantees do you give in return?"

"I promise silence so long as you keep clear of crime and make no attempt to communicate, by word or letter, with Mr. Lancaster or his daughter--"

"Hah! I see! ... But, by G.o.d, I'll destroy the lot of you yet!"

"Thirty seconds left, Mr. Bullard.... Twenty.... Ten...." Teddy stood up.

Two minutes later he stepped, almost jauntily, from the room. His little private income had disappeared, but he had a doc.u.ment worth all the world to him in his pocket. As he opened the door Bullard's face was that of a fiend; his hand went back to a drawer ere he remembered that he was not at his own desk.

Teddy was a little behind time in reaching Kensington Gardens, and he looked so haggard that the girl's heart failed her.

"Everything's all right, Doris," he said, rather huskily. "Let's sit down here for a minute."

"Teddy, you're ill!"

He shook his head, and gave her the paper, saying, "Take care of it. I don't think Bullard will trouble you or Mr. Lancaster again, Doris."

She read and began to tremble. With a sob she whispered, "Teddy, Teddy, _is_ it true?"

He did not answer. He had a queer sleepy, ghastly look.

"Teddy dear! What is it?"

He appeared to pull himself up. "Upon my word," he said, with a feeble laugh, "I was nearly off that time. I wonder where I could find some breakfast."

In the nearest tea-room he revived considerably.