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from the Bank of England."

"In whose favour was it drawn?"

Pinto cleared his throat.

"In favour of the Chancellor of the Exchequer," he said. "That's why Ferguson passed it without question. He said that otherwise he would have sent a note to you."

"The Chancellor of the Exchequer!" snarled the colonel. "What does it mean?"

"Look here! Ferguson showed it me himself." He took a copy of _The Times_ from his pocket and laid it on the table, pointing out the paragraph with trembling fingers.

It was in the advertisement column and it was brief:


"The Chancellor of the Exchequer desires to acknowledge the receipt
of L81,000 Conscience Money from Colonel D. B."


"Conscience money!"

The colonel sat back in his chair and laughed softly. He was genuinely amused.

"Of course, we can get this back," he said at last. "We can explain to the Chancellor of the Exchequer the trick that has been played upon us, but that means delay, and at the moment delay is really dangerous. I suppose both you fellows have money of your own? I know Pinto has. How do you stand, Crewe?"

"I have a little," said Crewe, "but honestly, I was depending upon my share of the Gang Fund."

"What about you, colonel?" asked Pinto meaningly. "If I may suggest it, we should pool our money and divide."

The colonel smiled.

"Don't be silly," he said tersely. "I doubt whether my balance at the bank is more than a couple of thousand pounds."

"But what about your private safe?" persisted Pinto. "A-ha! You didn't know I knew that, did you? As a matter of fact, Ferguson told me----"

"What the devil does Ferguson mean by discussing my business?" said the colonel wrathfully. "What did he tell you?"

"He told me that the package was received and that he had put it with the other in your safe."

"Package!" The colonel's voice was quiet, almost inaudible. "The package was received! When was the package received?"

"Yesterday," said Pinto. "He said it came along and he put it with the other. Now what have you got in----"

But the colonel was walking towards his bedroom with rapid strides. Presently he reappeared with his hat and coat on.

"Come with me, Crewe. We'll go down to the bank," he said. "You stay here, Pinto, and report anything that happens."

When they were on their way he confided to the other:

"I have a little money put aside," he said, "and I'm willing to finance you. You haven't been a bad fellow, Crewe. The only rotten turn you've ever done us is introducing that damned fellow, 'Snow' Gregory, and you didn't even do that, for I had met him before you brought him from Monte--which reminds me. Have you found out anything about him?"

"I have a letter here from Oxford," said Crewe, putting his hand in his pocket. "I hadn't opened my letters when Pinto came. You'll find all the news there, if there is any news."

He handed the envelope to the other and the colonel transferred it to his pocket.

"That'll keep," he said. "What was I talking about? Oh, yes, Gregory. The whole of this business has come about through Gregory. Gregory made Jack o' Judgment, and Jack o' Judgment has ruined us."

He sprang from the taxi at the door of the bank with an agile step, and went straight to the manager's office. Without any preliminary he began:

"What is this package that came for me yesterday, Ferguson?"

The manager looked surprised.

"It was an ordinary package, similar to that which you put in the safe the other day. It was sealed and wrapped and had your name on it. I rather wondered you hadn't brought it yourself, but it was put into your safe in the presence of two clerks."

"I'd like to see it," said the colonel.

Ferguson led the way down the stairs to the vaults and snapped back the lock of Safe 20. As he did so Crewe was conscious of a faint, musty odour.

"I smell something," said the colonel suspiciously.

He reached his hand into the safe and pulled open the long drawer, and as he did so a cloud of sickly-smelling vapour rose from its interior. For the first time Crewe heard Boundary groan. He pulled the drawer out under the light and looked in. There was nothing but a black mass of pulp, out of which glinted and gleamed a dozen pin-points of light.

With a howl of rage the colonel turned the contents upon the stone floor of the vault and raked it over with the end of his walking-stick. The diamonds were intact, and they at least were something; but the greater part of eight hundred thousand dollars was indistinguishable from any other kind of paper that had been treated with one of the most destructive acids known to chemical science.


CHAPTER XXXV

IN A BOX AT THE ORPHEUM


The colonel wiped his burnt and discoloured hands after he had dropped the last diamond into a medicine bottle which the bank manager happened to have in the room.

"That's something saved from the wreck, at any rate," he said.

He had gone suddenly old, and his mouth trembled, as many a younger mouth had trembled in despair that Colonel Boundary might become a rich man.

"Something saved from the wreck," he repeated slowly.

The manager's grave eyes were fixed on his.

"I'm not blaming you, Ferguson," said the colonel. "It was a plot to ruin me, and it succeeded."

"What do you think happened?" asked the troubled Ferguson.

"The second package was a box filled with a very strong acid," said the colonel. "Probably the box was made of soft metal, through which the acid would eat in a few hours. It was placed in the safe, and in time the corrosive worked through----"

He shrugged his shoulders and left the room without another word.

"Thirty-five years' work that represents, Crewe," he said as they were driving back to the flat; "thirty-five years of risk and thought and organisation, and ended in pulp--stinking pulp--that burns your fingers when you touch it."

He began to whistle and Crewe noticed with curiosity that he chose the "Soldiers' Chorus" from "Faust" for the dirge to his lost fortune.

"Jack o' Judgment!" he said wonderingly. "Jack o' Judgment! Well, he's had his judgment all right, and I'm going to have mine. You needn't tell Pinto what happened this morning. Leave him guessing. He's got a pretty thick bank-roll, and I'll agree to that grand scheme of his for sharing out."

The thought seemed to cheer him, and by the time they reached the flat he was almost jovial.

"Well, what's the news?" asked Pinto eagerly.

"Fine," said the colonel. "Everything is as it should be."

"Stop rotting," growled the other. "What is the news?"

"The news, my lad," said the colonel, "is that I've decided to agree to your unselfish suggestion."

"What's that?" said the unsuspicious Pinto.

"That we should pool and divide."

"Jack o' Judgment's got your money, too!" said Pinto, who cherished no illusions about the colonel's generosity.

"How well he knows me!" said Boundary. "Now, come, Pinto, we're all in this, sink or swim. I told Crewe going down that I intended dividing; didn't I, Crewe?"

"You said something like that," said Crewe cautiously.

"Now we'll pool our money," said the colonel, "and split three ways. I'll make a fair proposition. We'll divide it into four and the man who puts in the most shall take two shares. Is it a bet?"

"I suppose so," said Pinto reluctantly. "What is the truth about your money? Did Jack o' Judgment get it?"

"I hadn't any money," said the colonel blandly. "I've about a thousand pounds hidden away in this room; that is all, if Jack hasn't been in."

He unlocked the safe and made an inspection.

"Yes, a little over a thousand, if anything. How much have you, Crewe?"

"Three thousand," said Crewe.

"That makes four thousand. Now what have you got, Pinto?"

"I've about five thousand," said Pinto, trying to appear unconcerned.

The colonel made a little whistling noise through his teeth.

"Bring fifty," he said. "I'm dead serious, Pinto. Bring fifty!"

"But how can I get it?" demanded the other frantically.

"Get it," said the colonel. "It is highly probable that it will be of no use to any of us. Let us at least have the illusion of being well off."

* * * * *

In greater leisure than either of her three companions in crime were exhibiting, Lollie Marsh was preparing to take her departure to New York. She was packing at leisure in her cosy flat on Tavistock Avenue, stopping now and again to consider the problem of the superfluous article of clothing--a problem which presents itself to all packers.

Between whiles she arrested her labours to think of something else. Kneeling down by the side of her trunk, she would give herself up to long reveries, which ended in a sigh and the resumption of her packing.

By the commonly accepted standards of civilisation she was a wicked woman, but there are degrees of wickedness. She had searched her mind to recall all the qualms she had felt in her long association with the Boundary Gang, and took an unusual pleasure in her strange recollection. She remembered when she had refused to be drawn into the Crotin fraud; she recalled her stormy interview with the colonel when she declined to take a part in the ruining of young Debenham.

But mostly she was glad that she had never gone any farther to carry out the colonel's instructions in regard to Stafford King. Not that she would have succeeded, she told herself with a little smile, but she was glad she had never seriously tried. Her mind switched to Crewe and switched back again. Crewe's was the one face she did not wish to see, the one member of the gang that she put aside from the others and wilfully veiled. Crewe had always been kind to her, always courteous, her champion in all bad times, and yet had never made love to her. She wondered what had brought him down to his present level, and why a man possessed of education, and who at one time, as she knew, had been an officer in a crack regiment, should have fallen so readily under Boundary's influence.

She made a little face and went on with her packing. She did not want to think about Crewe for obvious reasons. Yet, as he had said---- But he hadn't said, she told herself. Very likely he was married, though that fact did not greatly trouble the girl. Such men as these have always a good as well as a bad past, pleasant as well as bitter memories, and possibly he included amongst the former the recollection of a girl whose shoelaces Lollie Marsh was not fit to tie.

She took a delight in torturing herself with pictures of her own humiliation, though she may have counted it to the good that she was capable of feeling humiliated at all. She finished her trunk, squeezed in the
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