n he dickered
for the purchase of the Jasper B. But why this box should have been in
the hold of the vessel, Cleggett could not understand. And how Loge's
men had been able to get into and out of the hold without his knowledge
still perplexed him.

The motive behind the attempt to dynamite the vessel was clear. Having
failed to purchase it, having failed to recover the box from it, Loge
had sought to destroy it with all on board. But the strange character
of this explosion still defied his powers of analysis. And then there
was the tenth Earl of Claiborne's signet ring on the dead hand. Beyond
the fact that it was a circumstance which connected his fortunes with
those of Lady Agatha, he could make nothing at all of the signet ring.
What, he asked himself again and again, was the connection of the
criminal gang at Morris's with the proudest Earl in England?

Loge himself was a puzzle to Cleggett. The man was a counterfeiter.
That he knew. The "queer" twenty-dollar bill, which he had practically
acknowledged, left no doubt of that. But he was more than a
counterfeiter. Cleggett believed him to be also an anarchist. At
least he was associated with anarchists.

But counterfeiting and anarchy are not ordinarily found together. The
anarchist is not a criminal in the more sordid sense. He is the enemy
of society as at present organized. He considers society to be built
on a thieving basis; he is not himself a thief. He scorns and hates
society, wishes to see it overturned, and believes himself superior to
it. He will commit the most savage atrocities for the cause and
cheerfully die for his principles. The anarchist is not a crook. He
is an idealist.

Convinced that the unpainted oblong box would furnish a clew to the
man's real personality, Cleggett, assisted by Lady Agatha and Dr.
Farnsworth, opened it in the cabin.

They first took out a number of plates, some broken, some intact, for
the manufacture of counterfeit notes of various denominations. There
was some of the fibrous paper used in this process. There was a
quantity of the apparatus essential to engraving the plates. This
stuff more than half filled the box. Then there were a number of books.

"Elementary textbooks," said Dr. Farnsworth, glancing at them. On the
flyleaf of one of them was written in a bold, firm hand: "Logan Black."

"Loge--or Logan Black," said Dr. Farnsworth, "has been giving himself
an education in the manufacture of high