He was born there, and started in quite a humble way as a trader on the Amur River Goldfields. Then he bought property on which gold was discovered. I don't know," he said, scratching his chin, "that I ought to complain. After all, there may be a lot in all he says, and he has been a good friend of mine."

    "How often have you seen him?"

    "I spent a week with him last year," said Rex, with a little grimace at the memory. "Still," he hastened to add, "I owe him a lot. It may be if I wasn't such a lazy slug and didn't like expensive things, I could live within my income."

    Tab pulled at his pipe in silence. Presently he said: "There are all sorts of rumours about old Jesse Trasmere. A fellow told me the other day that he is a known miser; keeps his money in the house, which of course is a romantic lie."

    "He hasn't a banking account," said the other surprisingly, "and I happen to know that he does keep a very large sum of money at Mayfield. The house is built like a prison, and it has an underground strong-room which is the strongest room of its kind. I have never seen it, but I have seen him go down to it. Whether or not he sits down and gloats over his pieces of eight, I have never troubled to discover. But it is perfectly true, Tab," he said earnestly, "he has no banking account. Everything is paid out in cash. I suppose he does have transactions through banks, but I have never heard of them. As to his being a miser"—he hesitated—"well, he is not exactly generous. For example, six months ago he discovered that the man and his wife who looked after Mayfield, which is a very small house, were in the habit of giving the pieces of food left over to one of their poorer relatives, and he fired them on the spot! When I was there this year, he was shutting up all the rooms except his own bedroom and his dining-room, which he uses also as a study."

    "What does he do for servants?" asked Tab, and the other shook his head.

    "He has his valet, Walters, and two women who come in every day, one to cook and one to clean. But for the cook he has built a small kitchen away from the house."

    "He must be a cheerful companion," said Tab.

    "He is not exactly exhilarating. He has a fresh cook every month. I met Walters the other day and he told me that the new cook is the best they've had," admitted the other, and there followed a silent interval of nearly five minutes.

    Then Tab got up and knocked the ashes from his pipe.

    "She certainly is pretty," he said, and Rex Lander looked at him suspiciously, for he knew that Tab was not talking about the cook.

 

 

CHAPTER 3.

 

 

    MR. JESSE TRASMERE sat at the end of a long, and, except in his immediate vicinity, bare table. At his end it was laid, and Mr. Trasmere was slowly and deliberately enjoying a lean cutlet.

    The room gave no suggestion of immense wealth and paid no silent tribute either to his artistic taste or his acquaintance with China. The walls were innocent of pictures, the furniture old, European, and shabby. Mr. Trasmere had bought it second-hand and had never ceased to boast of the bargain he had secured.

    If there were no pictures, there were no books. Jesse Trasmere was not a reader, even of newspapers.

    It was one o'clock in the afternoon, and through the folds of his dressing-gown the grey of his pyjama jacket showed open at his lean throat, for Mr. Trasmere had only just got out of bed. Presently he would dress in his rusty black suit and would be immensely wakeful until the dawn of to-morrow. He never went to bed until the grey showed in the sky, nor slept later than two o'clock in the afternoon.

    At six-thirty, to the second, Walters, his valet, would assist him into his overcoat, a light one if it was warm, a heavy fur-lined garment if it was cold, and Mr. Trasmere would go for his walk and transact whatever business he found to his hand.

    But before he left the house there was a certain ceremonial—the locking of doors, the banishment of the valet to his own quarters, and the disappearance of Mr.