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Rh Harry" had remained until late noonday, emerging then to lunch at a coffee-house, and to take his way, for what purpose the watcher could only guess, to Houndsditch, where he seemed quite at home among the Jews in several cafés and "club rooms," where he tarried for a greater or shorter time, and seemed to be looking for some one—some one whom he did not find, it would seem, for he left the neighbourhood as he came, alone and with a lowering face.

"Looking for a loan, I'll wager," declared Ferrars. "By to-morrow he'll be visiting my uncle. I'll have to leave him to your men to-night, I suppose, Hirsch, but to-morrow I will go on guard myself."

He made a note of the Soho street and number, where Harry Levey had lodged, and then he took out his cigar case and the two men sat down together to talk about London, and compare notes. For they were old acquaintances, and could find much to say, one to another.

An hour later, when Ferrars arose to go, the inspector looked at his watch.

"By Jove! Frank, you don't mind my calling you that, eh? It seems like old times, half a dozen years ago. Say, it's almost the hour for the Swiss to report. He's on duty now looking after your man; wait till he comes in. Hobson must already have gone to