Frederic Vernon was only calm outwardly; inwardly he was boiling with rage, and more than anxious to "get square" with Robert.

He attributed his downfall completely to the young secretary.

"If it hadn\'t been for him I could have hoodwinked aunt right along," he told himself. "It\'s a shame that I\'ve got to do just what that boy wants me to."

As soon as he heard that Robert was going to accompany him to Liverpool, he set to work to hatch up some plot against our hero.

Robert was to carry the fifteen hundred dollars, and give it to Frederic when the time came for the steamer to depart, and when young Vernon was on board.

Frederic Vernon spent Sunday night with his aunt, and did what he could to get Mrs. Vernon to allow him a little more money. As a consequence, he came away a hundred dollars richer than would otherwise have been the case.

Nor was this all. At the last minute, while the aunt was getting the money for him, he picked up some of Mrs. Vernon\'s jewels and slipped them into his pocket. Among the jewels was a diamond crescent worth five hundred dollars, and a pair of earrings worth three hundred dollars more.

Mrs. Vernon was not feeling well, and as soon as her nephew left she retired for the night, and the jewels were not missed until forty-eight hours later.

Early the next morning Frederic Vernon started for Liverpool, with Robert with him.

"I won\'t wake my aunt up to say good-by," said the young man. "I always hate a scene."

"She will be glad not to be disturbed," thought Robert, but said nothing.

Arriving in Liverpool Frederic Vernon set about buying such things as he thought he would need on his long ocean trip.

"Will you go along to the shops?" he asked Robert.

"No, I will remain at the hotel," answered our hero.

So Frederic Vernon went off alone. He had no heart to buy what was needed, for the thought of going to Australia was very distasteful to him.

"It won\'t be like living in Chicago or New York," he thought. "It\'s beastly uncivilized out there. I wish I could put Frost in my place and stay behind myself."

Among the places he visited was a ticket broker\'s office, and here he asked what they would give for the ticket to Australia.

Tickets were just then in good demand, and the broker looked the matter up.

"I\'ll give you seventy-five per cent. of its cost," he said. "But I want the ticket right away."

"I can give it to you in about an hour."

"That is positive?"

"Yes."

"Very well, bring it to me. I have a customer who wishes just such a ticket, but I cannot hold him long."

At once Frederic hurried back to the hotel.

"I am going on board the steamer at once," he said. "Give me my ticket."

"You seem to be in a tremendous hurry," said Robert suspiciously.

"Well, I\'ll tell you the truth, Frost, since we are to part to meet no more. Some of my old creditors are after me and I want to give them the slip."

"I see."

Robert felt it would not be honorable to help Frederic Vernon escape his creditors, but at the same time there was no use in detaining the young man, since he would have no money with which to settle his old obligations.

But he would not give up the ticket.

"I will go to the steamer with you, and give you the ticket there," he said.

He was firm in this, and wondering what he had best do next, Frederic Vernon led the way to the street and hailed a passing cab.

The two got in and were driven to the docks without delay. The young man had his hand-baggage with him.

"Now I am off," he said. "Give me the ticket and the money, and good-by to you."

"I will take you on the steamer," said Robert firmly.

Vernon grated his teeth, but had to agree, and both went on board, and down to the stateroom which had been selected. It was a room for two, but as yet Vernon occupied it alone.

"Now let me see that money and the ticket," snapped the young man. "I am not going off until I am sure that everything is right."

Sitting down on the edge of the lower berth, Robert brought out the articles in question, and passed them over. Vernon inspected the ticket closely and counted the money.

"There is twenty dollars missing," he declared.

"No, the mone............