philanthropist was being victimized right and left by fraudulent appeals for money. It had been sufficient simply to excite David Ellsworth’s sympathy in order to open the ever-ready purse. David Ellsworth had inquired no further. He, Billy Kane, but not without protest from the old gentleman, to whom the loss of the money was nothing, but to whom the uncovering of some pitiful fraud was a cause of genuine distress, had instituted a new régime, and had undertaken to investigate every case on its merits.

Billy Kane tamped out his cigarette on the edge of an ash receiver, and stood leaning with his back against the desk, facing the hall door. Yes, it was a very singular existence! His new home was veritably a palace, with servants at every beck and call. His work was not onerous; and his salary was over-generous. He, in turn, had a private secretary, or at least a most capable stenographer, who, having been long in David Ellsworth’s employ, took care of the daily routine; and it was mostly routine as far as business went, for the millionaire had long since retired from any active participation in the various interests through which he had acquired his fortune. But the work, that is the bulk of it, had now taken on quite a different angle, due to his, Billy Kane’s own initiative, than had been thought of when he had accepted the position. He had not been there a week before he had realized that the old philanthropist was being victimized right and left by fraudulent appeals for money. It had been sufficient simply to excite David Ellsworth’s sympathy in order to open the ever-ready purse. David Ellsworth had inquired no further. He, Billy Kane, but not without protest from the old gentleman, to whom the loss of the money was nothing, but to whom the uncovering of some pitiful fraud was a cause of genuine distress, had instituted a new régime, and had undertaken to investigate every case on its merits.

The whimsical smile came back to his lips. Born and brought up in the city, he had imagined that he knew his New York; but the last three months had opened his eyes to a new world around him—the world of the Bad Lands, with its own language, its own customs and its own haunts. He knew his New York a great deal better now! Those three months had brought him into intimate touch with the dens and dives, and many of the habitués of the underworld, since it was amongst those surroundings that his investigations had mainly led him. He had even been in the heart of that sordid world no later than that afternoon.

The whimsical smile came back to his lips. Born and brought up in the city, he had imagined that he knew his 

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