Upon the blotting-pad on the counter of the central partition the stockbroker perceived one great blot of ink, still moist. Ha laid the tip of his square forefinger upon it, to assure himself of that fact, and then set himself deliberately to scrutinise the blotting-paper. He was a man who seldom hesitated. His greatest coups on the money-market had been in a great measure the result of this faculty of prompt decision. To-day he possessed himself of the blotting-pad, and examined the half-formed syllables stamped upon it with as much coolness and self-possession as if he had been seated in his own office reading his own newspaper. A man given to hesitation would have looked to the right and the left and watched for his opportunity—and lost it. Philip Sheldon knew better than to waste his chances by needless precaution; and he made himself master of all the intelligence the blotting-pad could afford him before the clerk emerged from the inner den where the rattling and stamping was going forward.

"I thought as much," muttered the stockbroker, as he recognised traces of his brother's sprawling penmanship upon the pad. The message had been written with a heavy hand and a spongy quill pen, and had left a tolerably clear impression of its contents on the blotting-paper.

Here and there the words stood out bold and clear; here and there, again, there was only one decipherable letter amongst a few broken hieroglyphics. Mr. Sheldon was accustomed to the examination of very illegible documents, and he was able to master the substance of that random impression. If he could not decipher the whole, he made out sufficient for his purpose. Money was to be offered to a man called Goodge for certain letters. He knew his brother's affairs well enough to know that these letters for which money was to be offered must needs be letters of importance in some search for an heir-at-law. So far all was clear and simple; but beyond this point he found himself at fault. Where was this Goodge to be found? and who was the person that was to offer him money for the letters? The names and address, which had been written first, had left no impression on the blotting-pad, or an impression so faint as to be useless for any practical purpose.

Mr. Sheldon put down the pad and lingered by the door of the office deliberating, when the rattling and hammering came to an abrupt termination, and the clerk emerged from the interior den.

"O," he exclaimed, "it's all right. Your message shall go directly."

The stockbroker, whose face was half averted from the clerk, and who stood between that functionary and the light from the open doorway, at once comprehended the error that had arisen. The clerk had mistaken him for his brother.