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sympathetically, 'and I have here three books, one of which is an exemplification of what you say. This one costs a hundred pounds. The last copy that was sold by auction in London brought a hundred and twenty-three pounds. This next one is forty pounds, and the third ten pounds. At these prices I am certain[124] you could not duplicate three such treasures in any book shop in Britain.'

I examined them critically, and saw at once that what he said was true. He was still standing on the opposite side of the table.

'Please take a chair, Mr. Macpherson. Do you mean to say you go round London with a hundred and fifty pounds worth of goods under your arm in this careless way?'

The young man laughed.

'I run very little risk, Mr. Webster. I don't suppose anyone I meet imagines for a moment there is more under my arm than perhaps a trio of volumes I have picked up in the fourpenny box to take home with me.'

I lingered over the volume for which he asked a hundred pounds, then said, looking across at him:—

'How came you to be possessed of this book, for instance?'

He turned upon me a fine, open countenance, and answered without hesitation in the frankest possible manner,—

'I am not in actual possession of it, Mr. Webster. I am by way of being a connoisseur in rare and valuable books myself, although, of course, I have little money with which to indulge in the collection of them. I am acquainted, however, with the lovers of desirable books in different quarters of London. These three volumes, for instance, are from the library of a private gentleman in the West End. I have sold many books to him, and he knows I am trustworthy. He wishes to dispose of them at something under their real value, and has kindly allowed me to conduct the negotiation. I make it my business to find out those who are interested in rare books, and by such trading I add considerably to my income.'

'How, for instance, did you learn that I was a bibliophile?'

Mr. Macpherson laughed genially.

'Well, Mr. Webster, I must confess that I chanced it. I do that very often. I take a flat like this, and send in my card to the name on the door. If I am invited in, I ask the occupant the question I asked you just now: "Are you interested in rare editions?" If he says no, I simply beg pardon and retire. If he says yes, then I show my wares.'

'I see,' said I, nodding. What a glib young liar he was, with that innocent face of his, and yet my next question brought forth the truth.

'As this is the first time you have called upon me, Mr. Macpherson,[125] you have no objection to my making some further inquiry, I suppose. Would you mind telling me the name of the owner of these books in the West End?'

'His name is Mr. Ralph Summertrees, of Park Lane.'

'Of Park Lane? Ah, indeed.'

'I shall be glad to leave the books with you, Mr. Webster, and if you care to make an appointment with Mr. Summertrees, I am sure he will not object to say a word in my favour.'

'Oh, I do not in the least doubt it, and should not think of troubling the gentleman.'

'I was going to tell you,' went on the young man, 'that I have a friend, a capitalist, who, in a way, is my supporter; for, as I said, I have little money of my own. I find it is often inconvenient for people to pay down any considerable sum. When, however, I strike a bargain, my capitalist buys the book, and I make an arrangement with my customer to pay a certain amount each week, and so even a large purchase is not felt, as I make the instalments small enough to suit my client.'

'You are employed during the day, I take it?'

'Yes, I am a clerk in the City.'

Again we were in the blissful realms of fiction!

'Suppose I take this book at ten pounds, what instalment should I have to pay each week?'

'Oh, what you like, sir. Would five shillings be too much?'

'I think not.'

'Very well, sir, if you pay me five shillings now, I will leave the book with you, and shall have pleasure in calling this day week for the next instalment.'

I put my hand into my pocket, and drew out two half-crowns, which I passed over to him.

'Do I need to sign any form or undertaking to pay the rest?'

The young man laughed cordially.

'Oh, no, sir, there is no formality necessary. You see, sir, this is largely a labour of love with me, although I don't deny I have my eye on the future. I am getting together what I hope will be a very valuable connection with gentlemen like yourself who are fond of books, and I trust some day that I may be able to resign my place with the insurance company and set up a choice little business of my own, where my knowledge of values in literature will prove useful.'[126]

And then, after making a note in a little book he took from his pocket, he bade me a most graceful good-bye and departed, leaving me cogitating over what it all meant.

Next morning two articles were handed to me. The first came by post and was a pamphlet on Christian Science and Absent-Mindedness, exactly similar to the one I had taken away from the old curiosity shop; the second was a small key made from my wax impression that would fit the front door of the same shop—a key fashioned by an excellent anarchist friend of mine in an obscure street near Holborn.

That night at ten o'clock I was inside the old curiosity shop, with a small storage battery in my pocket, and a little electric glow-lamp at my buttonhole, a most useful instrument for either burglar or detective.

I had expected to find the books of the establishment in a safe, which, if it was similar to the one in Park Lane, I was prepared to open with the false keys in my possession or to take an impression of the keyhole and trust to my anarchist friend for the rest. But to my amazement I discovered all the papers pertaining to the concern in a desk which was not even locked. The books, three in number, were the ordinary day book, journal, and ledger referring to the shop; book-keeping of the older fashion; but in a portfolio lay half a dozen foolscap sheets, headed 'Mr. Rogers's List', 'Mr. Macpherson's', 'Mr Tyrrel's', the names I had already learned, and three others. These lists contained in the first column, names; in the second column, addresses; in the third, sums of money; and then in the small, square places following were amounts ranging from two-and-sixpence to a pound. At the bottom of Mr. Macpherson's list was the name Alport Webster, Imperial Flats, £10; then in the small, square place, five shillings. These six sheets, each headed by a canvasser's name, were evidently the record of current collections, and the innocence of the whole thing was so apparent that if it were not for my fixed rule never to believe that I am at the bottom of any case until I have come on something suspicious, I would have gone out empty-handed as I came in.

The six sheets were loose in a thin portfolio, but standing on a shelf above the desk were a number of fat volumes, one of which I took down, and saw that it contained similar lists running back several years. I noticed on Mr. Macpherson's current list the name of Lord Semptam, an eccentric old nobleman whom I knew slightly. Then[127] turning to the list immediately before the current one the name was still there; I traced it back through list after list until I found the first entry, which was no less than three years previous, and there Lord Semptam was down for a piece of furniture costing fifty pounds, and on that account he had paid a pound a week for more than three years, totalling a hundred and seventy pounds at the least, and instantly the glorious simplicity of the scheme dawned upon me, and I became so interested in the swindle that I lit the gas, fearing my little lamp would be exhausted before my investigation ended, for it promised to be a long one.

In several instances the intended victim proved shrewder than old Simpson had counted upon, and the word 'Settled' had been written on the line carrying the name when the exact number of instalments was paid. But as these shrewd persons dropped out, others took their places, and Simpson's dependence on their absent-mindedness seemed to be justified in nine cases out of ten. His collectors were collecting long after the debt had been paid. In Lord Semptam's case, the payment had evidently become chronic, and the old man was giving away his pound a week to the suave Macpherson two years after his debt had been liquidated.

From the big volume I detached the loose leaf, dated 1893, which recorded Lord Semptam's purchase of a carved table for fifty pounds, and on which he had been paying a pound a week from that time to the date of which I am writing, which was November, 1896. This single document taken from the file of three years previous, was not likely to be missed, as would have been the case if I had selected a current sheet. I nevertheless made a copy of the names and addresses of Macpherson's present clients; then, carefully placing everything exactly as I had found it, I extinguished the gas, and went out of the shop, locking the door behind me. With the 1893 sheet in my pocket I resolved to prepare a pleasant little surprise for my suave friend Macpherson when he called to get his next instalment of five shillings.

Late as was the hour when I reached Trafalgar Square, I could not deprive myself of the felicity of calling on Mr. Spenser Hale, who I knew was then on duty. He never appeared at his best during office hours, because officialism stiffened his stalwart frame. Mentally he was impressed with the importance of his position, and added to this he was not then allowed to smoke his big, black pipe and terrible[128] tobacco. He received me with the curtness I had been taught to expect when I inflicted myself upon him at his office. He greeted me abruptly with,—

'I say, Valmont, how long do you expect to be on this job?'

'What job?' I asked mildly.

'Oh, you know what I mean: the Summertrees affair.'

'Oh, that!' I exclaimed, with surprise. 'The Summertrees case is already completed, of course. If I had known you were in a hurry, I should have finished up everything yesterday, but as you and Podgers, and I don't know how many more, have been at it sixteen or seventeen days, if not longer, I thought I might venture to take as many hours, as I am working entirely alone. You said nothing about haste, you know.'

'Oh, come now, Valmont, that's a bit thick. Do you mean to say you have already got evidence against the man?'

'Evidence absolute and complete.'

'Then who are the coiners?'

'My most estimable friend, how often have I told you not to jump at conclusions? I informed you when you first spoke to me about the matter that Summertrees was neither a coiner nor a confederate of coiners. I secured evidence sufficient to convict him of quite another offence, which is probably unique in the annals of crime. I have penetrated the mystery of the shop, and discovered the reason for all those suspicious actions which quite properly set you on his trail. Now I wish you to come to my flat next Wednesday night at a quarter to six, prepared to make an arrest.'

'I must know who I am to arrest, and on what counts.'

'Quite so, mon ami Hale; I did not say you were to make an arrest, but merely warned you to be prepared. If you have time now to listen to the disclosures, I am quite at your service. I promise you there are some original features in the case. If, however, the present moment is inopportune, drop in on me at your convenience, previously telephoning so that you may know whether I am there or not, and thus your valuable time will not be expended purposelessly.'

With this I presented to him my most courteous bow, and although his mystified expression hinted a suspicion that he thought I was chaffing him, as he would call it, official dignity dissolved somewhat, and he intimated his desire to hear all about

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