No one has ever attempted to deny the truth of the shaky finances of the Home; no one has really denied that Miss Elliott suspected certain defalcations and was trying to force the hands of the Honorary Treasurer towards a full enquiry. That the Honorary Treasurer knew where all the money went to was pretty clear all along – his magnificent house in Hamilton Terrace fully testifies to that. That the President of the institution was a party to these defalcations and largely profited by them I for one am equally convinced.”

“Dr Kinnaird?” I ejaculated in amazement.

“Ay, Dr Kinnaird. Do you mean to tell me that he alone among the entire staff of that Home was ignorant of those defalcations? Impossible! And if he knew of them, and did neither enquire into them nor attempt to stop them, then he must have been a party to them. Do you admit that?”

“Yes, I admit that,” I replied.

“Very well, then. The rest is quite simple; those two men, unworthy to bear the noble appellation of doctor, must for years have quietly stolen the money subscribed by the benevolent for the Home, and converted it to their own use: then, they suddenly find themselves face to face with immediate discovery in the shape of a young girl determined to unmask the systematic frauds of the past few years. That meant exposure, disgrace, ruin for them both, and they determine to be rid of her.

“Under the pretence of an evening walk, her so-called lover entices her to a lonely and suitable spot; his confederate is close by, hidden in the shadows, ready to give his assistance if the girl struggles and screams. But suddenly Dr Earnshaw appears. He recognizes Stapylton and challenges him. For a moment the villains are nonplussed, then Kinnaird – the cleverer of the two – steps forward, greets the two lovers unconcernedly, and after two minutes’ conversation casually reminds Stapylton of an appointment the latter is presumed to have at a club in St James’s Street.

“The latter understands and takes the hint, takes a quick farewell of the girl, leaving her in his friend’s charge, then, as fast as he can, goes off, presently takes a cab, leaving his friend to do the deed, whilst the alibi he can prove, coupled with Dr Earnshaw’s statement, was sure to bewilder and mislead the police and the public.

“Thus it was that though Dr Earnshaw saw and recognized Dr Stapylton, Constable Fiske saw Dr Kinnaird, whom he did not recognize, on whom no suspicion had fallen, and whose name had never been coupled with that of Miss Elliott. When Constable Fiske had turned his back, Kinnaird murdered the girl and went off quietly, whilst Dr Stapylton, on whom all suspicions were bound to fasten sooner or later, was able to prove the most perfect alibi ever concocted.

“One day I feel certain that the frauds at the Home will be discovered, and then who knows what else may see the light?

“Think of it all quietly when I am gone, and tomorrow when we meet tell me whether if I am wrong what is your explanation of this extraordinary mystery.”

Before I could reply he had gone, and I was left wondering, gazing at the photographs of two good-looking, highly respectable and respected men, whom an animated scarecrow had just boldly accused of committing one of the most dastardly crimes ever recorded in our annals.

II

The Hocussing of Cigarette

1

Quite by chance I found myself one morning sitting before a marble-topped table in the ABC shop. I really wondered for the moment what had brought me there, and felt cross with myself for being there at all. Having sampled my tea and roll, I soon buried myself in the capacious folds of my Daily Telegraph.

“A glass of milk and a cheesecake, please,” said a well-known voice.

The next moment I was staring into the corner, straight at a pair of mild, watery blue eyes, hidden behind great bone-rimmed spectacles, and at ten long bony fingers, round which a piece of string was provokingly intertwined.

There he was as usual, wearing – for it was chilly – a huge tweed ulster, of a pattern too lofty to be described. Smiling, bland, apologetic, and fidgety, he sat before me as the living embodiment of the reason why I had come to the ABC shop that morning.

“How do you do?” I said, with as much dignity as I could command.

“I see that you are interested in Cigarette,” he remarked, pointing to a special column in The Daily Telegraph.

“She is quite herself again,” I said.

“Yes, but you don’t know who tried to poison her and succeeded in making her very ill. You don’t know whether the man Palk had anything to do with it, whether he was bribed, or whether it was Mrs Keeson or the groom Cockram who told a lie, or why –?”

“No,” I admitted reluctantly; “I don’t know any of these things.”

He was fidgeting nervously in the corner, wriggling about like an animated scarecrow. Then suddenly a bland smile illuminated his entire face. His long bony fingers had caught the end of the bit of string, and there he was at it again, just as I had seen him a year ago, worrying and fidgeting, making knot upon knot, and untying them again, whilst his blue eyes peered at me over the top of his gigantic spectacles.

“I would like to know what your theory is about the whole thing,” I was compelled to say at last; for the case had interested me deeply, and, after all, I had come to the ABC shop for the sole purpose of discussing the adventures of Cigarette with him.

“Oh, my theories are not worth considering,” he said meekly. “The police would not give me five shillings for any one of them. They always prefer a mystery to any logical conclusion, if it is arrived at by an outsider. But you may be more lucky. The owner of Cigarette did offer £100 reward for the elucidation of the mystery. The noble Earl must have backed Cigarette for all he was worth. Malicious tongues go even so far as to say that he is practically a ruined man now, and that the beautiful Lady Agnes is only too glad to find herself the wife of Harold Keeson, the son of the well-known trainer.

“If you ever go to Newmarket,” continued the man in the corner after a slight pause, during which he had been absorbed in unravelling one of his most complicated knots, “anyone will point out the Keesons’ house to you. It is called Manor House, and stands in the midst of beautiful gardens. Mr Keeson himself is a man of about fifty, and, as a matter of fact, is of very good family, the Keesons having owned property in the Midlands for the past eight hundred years. Of this fact he is, it appears, extremely proud. His father, however, was a notorious spendthrift, who squandered his property, and died in the nick of time, leaving his son absolutely penniless and proud as Lucifer.

“Fate, however, has been kind to George Keeson.