'And lost again?'

'And lost again, and borrowed again, this time on the security of his house; and the long and short of it is that he and every stick, brick and branch he is supposed to possess have been in Dan Levy's hands for months and years.'

'On a sort of mortgage?'

'On a perfectly nice and normal mortgage so far as interest went, only with a power to call in the money after six months. But old Garland is being bled to the heart for iniquitous interest on the first ten thousand, and of course he can't meet the call for another fifteen when it comes; but he thinks it's all right because Levy doesn't press for the dibs. Of course it's all wrong from that moment. Levy has the right to take possession whenever he jolly well likes; but it doesn't suit him to have the place empty on his hands, it might depreciate a rising property, and so poor old Garland is deliberately lulled into a false sense of security. And there's no saying how long that state of things might have lasted if we hadn't taken a rise out of old Shylock this morning.'

'Then it's our fault, A.J.?'

'It's mine,' said Raffles remorsefully. 'The idea, I believe, was altogether mine, Bunny; that's why I'd give my bowing hand to take the old ruffian at his word, and save the governor as we did the boy!'

'But how do you account for his getting them both into his toils?' I asked. 'What was the point of lending heavily to the son when the father already owed more than he could pay?'

'There are so many points,' said Raffles. 'They love you to owe more than you can pay; it's not their principal that they care about nearly so much as your interest; what they hate is to lose you when once they've got you. In this case Levy would see how frightfully keen poor old Garland was about his boy—to do him properly and, above all, not to let him see what an effort it's become. Levy would find out something about the boy; that he's getting hard up himself, that he's bound to discover the old man's secret, and capable of making trouble and spoiling things when he does. 'Better give him the same sort of secret of his own to keep,' says Levy, 'then they'll both hold their tongues, and I'll have one of 'em under each thumb till all's blue.' So he goes for Teddy till he gets him, and finances father and son in watertight compartments until this libel case comes along and does make things look a bit blue for once. Not blue enough, mind you, to compel the sale of a big rising property at a sacrifice; but the sort of thing to make a man squeeze his small creditors all round, while still nursing his top class. So you see how it all fits in. They say the old blackguard is briefing Mr. Attorney himself; that along with all the rest to scale, will run him into thousands even if he wins his case.'

'May he lose it!' said I, drinking devoutly, while Raffles lit the inevitable Egyptian. I gathered that this plausible exposition of Mr. Levy's tactics had some foundation in the disclosures of his hapless friends; but his ready grasp of an alien subject was highly characteristic of Raffles. I said I supposed Miss Belsize had not remained to hear the whole humiliating story, but Raffles replied briefly that she had. By putting the words into his mouth, I now learnt that she had taken the whole trouble as finely as I should somehow have expected from those fearless eyes of hers; that Teddy had offered to release her on the spot, and that Camilla Belsize had refused to be released; but when I applauded her spirit, Raffles was ostentatiously irresponsive. Nothing, indeed, could have been more marked than the contrast between his reluctance to discuss Miss Belsize and the captious gusto with which she had discussed him. But in each case the inference was that there was no love lost between the pair; and in each case I could not help wondering why.

There was, however, another subject upon which Raffles exercised a much more vexatious reserve. Had I been more sympathetically interested in Teddy Garland, no doubt I should have sought an earlier explanation of his sensational disappearance, instead of leaving it to the last. My interest in the escapade, however, was considerably quickened by the prompt refusal of Raffles to tell me a word about it.

'No, Bunny,' said he, 'I'm not going to give the boy away. His father knows, and I know—and that's enough.'

'Was it your paragraph in the papers that brought him back?'

Raffles paused, cigarette between fingers, in a leonine perambulation of his cage; and his smile was a sufficient affirmative.

'I mustn't talk about it, really, Bunny,' was his actual reply. 'It wouldn't be fair.'

'I don't think it's conspicuously fair on me,' I retorted, 'to set me to cover up your pal's tracks, to give me a lie like that to act all day, and then not to take one into the secret when he does turn up. I call it trading on a fellow's good-nature—not that I care a curse!'

'Then that's all right, Bunny,' said Raffles genially. 'If you cared I should feel bound to apologise to you for the very rotten way you've been treated all round; as it is I give you my word not to take you in with me if I have another dip at Dan Levy.'

'But you're not seriously thinking of it, Raffles?'

'I am if I see half a chance of squaring him short of wilful murder.'

'You mean a chance of settling his account against the Garlands?'

'To say nothing of my own account against Dan Levy! I'm spoiling for another round with that sportsman, Bunny, for its own sake quite apart from these poor pals of mine.'

'And you really think the game would be worth a candle that might fire the secret mine of your life and blow your character to blazes?'

One could not fraternise with Raffles without contracting a certain facility in fluent and florid metaphor; and this parody of his lighter manner drew a smile from my model. But it was the bleak smile of a man thinking of other things, and I thought he nodded rather sadly. He was standing by the open window; he turned and leant out as I had done that interminable twenty-four hours ago; and I longed to know his thoughts, to guess what it was that I knew he had not told me, that I could not divine for myself. There was something behind his mask of gay pugnacity; nay, there was something behind the good Garlands and their culpably commonplace misfortunes. They were the pretext. But could they be the Cause?

The night was as still as the night before. In another moment a flash might have enlightened me. But, in the complete cessation of sound in the room, I suddenly heard one, soft and stealthy but quite distinct, outside the door.

CHAPTER IX

A Triple Alliance

It was the intermittent sound of cautious movements, the creak of a sole not repeated for a great many seconds, the all but inaudible passing of a hand over the unseen side of the door leading into the lobby. It may be that I imagined more than I actually heard of the last detail; nevertheless I was as sure of what was happening as though the door had been plate-glass. Yet there was the outer door between lobby and landing and that I distinctly remembered Raffles shutting behind him when we entered. Unable to attract his attention now, and never sorry to be the one to take the other by surprise, I listened without breathing until assurance was doubly sure, then bounded out of my chair without a word. And there was a resounding knock at the inner door, even as I flung it open upon a special evening edition of Mr. Daniel Levy, a resplendent figure with a great stud blazing in a frilled shirt, white waistcoat and gloves, opera-hat and cigar, and all the other insignia of a nocturnal vulgarian about town.

'May I come in?' said he with unctuous affability.

'May you!' I took it upon myself to shout. 'I like that, seeing that you came in long ago! I heard you all right —you were listening at the door—probably looking through the keyhole—and you only knocked when I jumped up to open it!'

'My dear Bunny!' exclaimed Raffles, a reproving hand upon my shoulder. 

And he bade the unbidden guest a jovial welcome. 

'But the outer door was shut,' I expostulated. 'He must have forced it or else picked the lock.'

'Why not, Bunny? Love isn't the only thing that laughs at locksmiths,' remarked Raffles with exasperating geniality.

'Neither are swell mobsmen!' cried Dan Levy, not more ironically than Raffles, only with a heavier type of irony. 

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