police realised that fact the better! If the police were helpless, or tools, the citizens of New York were not, and it was time the citizens were thoroughly aroused. There was a way, too, to arouse the citizens, that was both good business from the newspaper standpoint, and efficacious as a method. Carruthers, of the MORNING NEWS-ARGUS, had initiated it. The MORNING NEWS-ARGUS offered twenty-five thousand dollars' reward for the capture of the Gray Seal! Other papers immediately followed suit in varying amounts. The authorities, State and municipal, goaded to desperation, did likewise, and the five million men, women, and children of New York were automatically metamorphosed into embryonic sleuths. New York was aroused. Jimmie Dale, alias the Gray Seal, member of the ultra-exclusive St. James Club, the latter fact sufficient in itself to guarantee his social standing, graduate of Harvard, inheritor of his deceased father's immense wealth amassed in the manufacture of burglar-proof safes, some of the most ingenious patents on which were due to Jimmie Dale himself, figured with a pencil on the margin of the newspaper he had been reading, using the arm of the big, luxurious, leather-upholstered lounging chair as a support for the paper. The result of his calculations was eighty-five thousand dollars. He brushed the paper onto the Turkish rug, dove into the pocket of his dinner jacket for his cigarettes, and began to smoke as his eyes strayed around the room, his own particular den in his fashionable Riverside Drive residence. Eighty-five thousand dollars' reward! Jimmie Dale blew meditative rings of cigarette smoke at the fireplace. What would she say to that? Would she decide it was "too hot" again, and call it off? It added quite a little hazard to the game--QUITE a little! If he only knew who "she" was! It was a strange partnership--the strangest partnership that had ever existed between two human beings. He turned a little in his chair as a step sounded in the hallway without--that is, Jimmie Dale caught the sound, muffled though it was by the heavy carpet. Came then a knock upon the door. "Come in," invited Jimmie Dale. It was old Jason, the butler. The old man was visibly excited, as he extended a silver tray on which lay a letter. Jimmie Dale's hand reached quickly out, the long, slim tapering fingers closed upon the envelope--but his eyes were on Jason significantly, questioningly. "Yes, Master Jim," said the old man, "I recognised it on the instant, sir. After what you said, sir, last week, honouring me, I might say, to a certain extent with your confidence, though I'm sure I don't know what it all means, I--" "Who brought it this time, Jason?" inquired Jimmie Dale quietly. "Not the young person, begging your pardon, not the young lady,