lessly have mentioned having them in his possession. It is a terrible set-back in his career."
"Who is his uncle?"
"Mr. Vavasour, joint general manager of the London and Scottish Bank."
"Suppose, Miss Farquhar, that you recount to me the whole story?"
"Very well. As you know, the Bank wished to extend their credits in America, and for this purpose decided to send over a million dollars in Liberty Bonds. Mr. Vavasour selected his nephew, who had occupied a position of trust in the Bank for many years and who was conversant with all the details of the Bank's dealings in New York, to make the trip. The Olympia sailed from Liverpool on the 23rd, and the bonds were handed over to Philip on the morning of that day by Mr. Vavasour and Mr. Shaw, the two joint general managers of the London and Scottish Bank. They were counted, enclosed in a package, and sealed in his presence, and he then locked the package at once in his portmanteau."
"A portmanteau with an ordinary lock?"
"No, Mr. Shaw insisted on a special lock being fitted to it by Hubbs's. Philip, as I say, placed the package at the bottom of the trunk. It was
