le, but
loyal, honest, and kind-hearted. That was the pith of the information
with which Holmes left the office of the Adelaide-Southampton company.
Thence he drove to Scotland Yard, but, instead of entering, he sat in
his cab with his brows drawn down, lost in profound thought. Finally he
drove round to the Charing Cross telegraph office, sent off a message,
and then, at last, we made for Baker Street once more.

'No, I couldn't do it, Watson,' said he, as we re-entered our room.
'Once that warrant was made out, nothing on earth would save him. Once
or twice in my career I feel that I have done more real harm by my
discovery of the criminal than ever he had done by his crime. I have
learned caution now, and I had rather play tricks with the law of
England than with my own conscience. Let us know a little more before
We act.'

Before evening, we had a visit from Inspector Stanley Hopkins. Things
were not going very well with him.

'I believe that you are a wizard, Mr. Holmes. I really do sometimes
think that you have powers that are not human. Now, how on earth could
you know that the stolen silver was at the bottom of that pond?'

'I didn't know it.'

'But you told me to examine it.'

'You got it, then?'

'Yes, I got it.'

'I am very glad if I have helped you.'

'But you haven't helped me. You have made the affair far more difficult.
What sort of burglars are they who steal silver and then throw it into
the nearest pond?'

'It was certainly rather eccentric behaviour. I was merely going on
the idea that if the silver had been taken by persons who did not want
it--who merely took it for a blind, as it were--then they would
naturally be anxious to get rid of it.'

'But why should such an idea cross your mind?'

'Well, I thought it was possible. When they came out through the French
window, there was the pond with one tempting little hole in the ice,
right in front of their noses. Could there be a better hiding-place?'

'Ah, a hiding-place--that is better!' cried Stanley Hopkins. 'Yes, yes,
I see it all now! It was early, there were folk upon the roads, they
were afraid of being seen with the silver, so they sank it in the pond,
intending to return for it when the coast was clear. Excellent, Mr.
Holmes--that is better than your idea of a blind.'

'Quite so, you have got an admirable theory. I have no doubt that my own
ideas were quite wild, but you must admit that they have ended in
discovering the silv