now and the occupants were swarming to the sidewalk. A patrol wagon came around the corner. In the crowd Jimmie Dale slipped away from the Runt.

Was he wrong, after all? A fierce passion seized him. It was Stace Morse who had murdered Metzer, the Runt had said. In Jimmie Dale's brain the words began to reiterate themselves in a singsong fashion: "It was Stace Morse. It was Stace Morse." Then his lips drew tight together. WAS it Stace Morse? He would have given a good deal for a chance to talk to the man--even for a minute. But there was no possibility of that now. Later, to-morrow perhaps, if he was wrong, after all!

Jimmie Dale returned to the Sanctuary, removed from his person all evidences of Larry the Bat--and from the Sanctuary went home to Riverside Drive.In his den there, in the morning after breakfast, Jason, the butler, brought him the papers. Three-inch headlines in red ink screamed, exulted, and shrieked out the news that the Gray Seal, in the person of Stace Morse, fence, yeggman and murderer, had been captured. The public, if it had held any private admiration for the one-time mysterious crook could now once and forever disillusion itself. The Gray Seal was Stace Morse--and Stace Morse was of the dregs of the city's scum, a pariah, an outcast, with no single redeeming trait to lift him from the ruck of mire and slime that had strewn his life from infancy. The face of Inspector Clayton, blandly self-complacent, leaped out from the paper to meet Jimmie Dale's eyes--and with it a column and a half of perfervid eulogy.

Something at first like dismay, the dismay of impotency, filled Jimmie Dale--and then, cold, leaving him unnaturally calm, the old merciless rage took its place. There was nothing to do now but wait--wait until Carruthers should send that photograph. Then if, after all, he were wrong--then he must find some other way. But was he wrong! The notebook that Carruthers had given him, open at the sketch he had made of Clayton, lay upon the desk. Jimmie Dale picked it up--he had already spent quite a little time over it before breakfast--and examined it again minutely, even resorting to his magnifying glass. He put it down as a knock sounded at the door, and Jason entered with a silver card tray. From Carruthers already! Jimmie Dale stepped quickly forward--and then Jimmie Dale met the old man's eyes. It wasn't from Carruthers--it was from HER!

"The same shuffer brought it, Master Jim," said Jason.

Jimmie Dale snatched the envelope from the tray, and waved the other from the room. As the door closed, he tore open the 

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