miling. "But it is hardly consistent with professional etiquette to
joke on such a subject. I will endeavor to forget while we are walking
together that one of the party is an offender against the laws, or
under suspicion as such."

"I want to forget it myself," said Fred, "or it will spoil my enjoyment
of Niagara."

"I wonder where Mr. F. Grant Palmer is now," said Frank. "I feel sure
he is the real burglar."

"Then he has probably gone over into Canada," returned Fred. "It is
unlucky for me that he left the watch and chain, but lucky for Mr.
Carver, who will now recover them."

Meanwhile let us follow Mr. Palmer, whose movements are of interest to
us in connection with the suspicion he has managed to throw on Fred.
When he left the Lynch House he proposed, as a measure of safety, to go
over to the Canada side, and indeed he did so. He made his way to the
Clifton House, and registered there, depositing his valise at the
office while he went in to breakfast.

"We have no room at present," said the clerk, politely, "but by the
middle of the forenoon we shall undoubtedly have a few vacancies. Will
that answer?"

"Oh, yes," said Palmer easily. "I am in no special hurry for a room,
but will take breakfast and go out for a walk."

It did occur to Mr. Palmer that the valise, containing as it did the
bonds stolen from Mr. Carver in Elmira, should be carefully guarded.
However, it would surely be as safe in the care of the hotel clerk of
the Clifton as in any hotel room, and probably even safer. So he ate
breakfast with an easy mind, and then, purchasing a cigar, took a walk
along the road which presents the best views of the Falls.

Mr. Palmer felt very complacent.

"It is a blessing to gentlemen in my profession," he soliloquized,
"that Canada is so conveniently near. Here the minions of the law
cannot touch us for any little indiscretion committed under the stars
and stripes. I hear people talking of annexing Canada to the States,
but to that I am unalterably opposed. I should have to retire from
business, and I am not able to do that at present."

He was standing at a convenient point surveying the Falls, when he felt
a light touch on his shoulder. Such was the force of habit that Mr.
Palmer started violently, and turned round nervously.

It was a stout man with a smiling face that confronted him.

"Ha, Palmer!" said the new arrival. "Did you mistake me for----"

"How are you, Wellington? I am glad to see yo