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ngled in the darkness of the pit? A better hiding place for anything valuable could not have been devised. The thin fishing line was indiscernible against the slimy side of the pit, and Colwyn realised that he would never have discovered it had it not been for the lucky accident which had exposed the peg to which the line was anchored. A place of concealment chosen at the expense of so much trouble and risk indicated something well worth concealing, and it was with a strong premonition of what was suspended down the pit that the detective, taking a firmer hold of the twining tendrils above his head, began to haul up the line. The weight at the end was slight; the line came up readily enough, foot after foot running through his hand, and then, finally, a small oblong packet, firmly fastened and knotted to the end of the line. Colwyn examined the packet by the light of the torch. It was a man's pocket-book of black morocco leather, a large and serviceable article, thick and heavy. The detective did not need the information conveyed by the initials "R. G." stamped in silver lettering on one side, to enlighten him as to the owner of the pocket-book and what it contained. Removing the peg from the earth, Colwyn was about to place the pocket-book and the line in his pocket, but on second thoughts he restored the peg to its former position, and endeavoured to untie the knots by which the pocket-book was fastened to the line. It was difficult to do this with one hand, but, by placing the pocket-book in his pocket, and picking at the knots one by one, he at length unfastened it from the line. He tied his own pocket-book to the end of the line, and dropped it back into the pit. He next replaced the greenery torn from the spot where the peg rested. When he had restored, as far as he could, the original appearance of the hiding place, he ascended swiftly to the surface. The first act, on reaching the fresh air, was to examine the contents of the pocket-book. As he anticipated, it was crammed full of notes of the first Treasury issue. He did not take them out to count them; a rook, watching him curiously from the edge of the wood, warned him of the danger of human eyes. Here, then, was the end of his investigations, and a discovery which would necessitate his departure from the inn sooner than he had anticipated. Nothing remained for him to do but to acquaint the authorities with the fresh facts he had brought to light, indi
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