handkerchief, seemed now like a little white wooden toy, hardly more than an inch in height. Waving his hand and smiling, he suddenly started to walk and then ran swiftly over to the ring. By the time he reached it, somewhat out of breath, he was little more than twice as high as the width of its band. Without pausing, he leaped up, and sat astraddle, leaning over and holding to it tightly with his hands. In another moment he was on his feet, on the upper edge of the ring, walking carefully along its circumference towards the scratch. The Big Business Man touched the Doctor on the shoulder and tried to smile. "He's making it," he whispered. As if in answer the little figure turned and waved its arms. They could just distinguish its white outline against the gold surface underneath. "I don't see him," said the Very Young Man in a scared voice. "He's right near the scratch," answered the Doctor, bending closer. Then, after a moment, "He's gone." He rose to his feet. "Good Lord! Why haven't we a microscope!" "I never thought of that," said the Big Business Man, "we could have watched him for a long time yet." "Well, he's gone now," returned the Doctor, "and there is nothing for us to do but wait." "I hope he finds that girl," sighed the Very Young Man, as he sat chin in hand beside the handkerchief. CHAPTER III AFTER FORTY-EIGHT HOURS The Banker snored stertorously from his mattress in a corner of the room. In an easy-chair near by, with his feet on the table, lay the Very Young Man, sleeping also. The Doctor and the Big Business Man sat by the handkerchief conversing in low tones. "How long has it been now?" asked the latter. "Just forty hours," answered the Doctor; "and he said that forty-eight hours was the limit. He should come back at about ten to-night." "I wonder if he will come back," questioned the Big Business Man nervously. "Lord, I wish he wouldn't snore so loud," he added irritably, nodding in the direction of the Banker. They were silent for a moment, and then he went on: "You'd
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