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rs. But who do you think this Pearson is? He is Mrs. Westmacott's brother." "Really. What a singular thing! Well, I can see a likeness now that you mention it. They have both the same hard type of face." "She has been warning me against him--says he is the rankest pirate in London. I hope that it is all right, boy, and that we may not find ourselves in broken water." Harold had turned a little pale as he heard Mrs. Westmacott's opinion of his senior partner. It gave shape and substance to certain vague fears and suspicions of his own which had been pushed back as often as they obtruded themselves as being too monstrous and fantastic for belief. "He is a well-known man in the City, dad," said he. "Of course he is--of course he is. That is what I told her. They would have found him out there if anything had been amiss with him. Bless you, there's nothing so bitter as a family quarrel. Still it is just as well that you have written about this affair, for we may as well have all fair and aboveboard." But Harold's letter to his partner was crossed by a letter from his partner to Harold. It lay awaiting him upon the breakfast table next morning, and it sent the heart into his mouth as he read it, and caused him to spring up from his chair with a white face and staring eyes. "My boy! My boy!" "I am ruined, mother--ruined!" He stood gazing wildly in front of him, while the sheet of paper fluttered down on the carpet. Then he dropped back into the chair, and sank his face into his hands. His mother had her arms round him in an instant, while the Admiral, with shaking fingers, picked up the letter from the floor and adjusted his glasses to read it. "My DEAR DENVER," it ran. "By the time that this reaches you I shall be out of the reach of yourself or of any one else who may desire an interview. You need not search for me, for I assure you that this letter is posted by a friend, and that you will have your trouble in vain if you try to find me. I am sorry to leave you in such a tight place, but one or other of us must be squeezed, and on the whole I prefer that it should be you. You'll find nothing in the bank, and about L13,000 unaccounted for. I'm not sure that the best thing you can do is not to realize what you can, and imitate your senior's example. If you act at once you may get clean away. If not, it's not only that you must put up your shutters, but I am afraid that this missing money could hardly be
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