If we had followed Mr. Rayner to the High Court on the morning of the day when his wife waited for him in vain in the verandah at Clive's Road, his failure to return home might have been explained. Yet, when it is told that it was only the sudden sight of a face which had scared him and upset all his plans, and that, the familiar face of Zynool Sahib, some further explanation of the circumstances seems needful. For this we have to go back to his last meeting with the Mahomedan at Waller's Stables, when Zynool had handed him a cheque for a further loan, having taken over the mail-phaeton as part payment of the previous transaction. In his haste, for he was anxious to catch the train for Puranapore, Zynool had given Mr. Rayner the signed cheque still attached to the cover of his cheque-book, believing it to be the last in the book, and being careless as to retaining the counter-foils. Not till Zynool had gone did Alfred Rayner observe that there was still an unused cheque in the book. Smiling at his client's carelessness, he placed the signed cheque in his pocket-book, and thrust the pink cover with the remaining one into the pocket of his jacket, meaning to hand it to Zynool with some chaffing remark when next they met. Zynool's loan was much needed and was quickly spent. The absence of the hitherto unfailing allowance from Truelove Brothers was making itself felt. His financial outlook seemed at his darkest when, one morning, he came on something in the pocket of his coat which suggested a solution of his pressing difficulties. It was the crumpled remains of the pink cover with the blank cheque still affixed to it which he had fully meant to restore to its owner. But a good many hours had struck in Alfred Rayner's moral life since then, and each had been dragging him steadily downward. His determined repudiation of his father, his unbridled fury at the thought of having any connection with Eurasians, the lies and subterfuges which a false position entails, all had undermined a character which had never been sterling. When, therefore, as his fortunes were at their lowest, he came upon the blank cheque it presented an overmastering temptation. He quickly formed the plan of using it, saying to himself that, of course, he would replace the money presently, and encouraging himself with the knowledge that Zynool, though shrewd, had no business habits, and it might be long before he discovered the little transaction--theft, he would not call it, for he might be able to replace every pie in a few days. Having decided that he might with impunity risk the fraud, it was quite easy for him to forge his client's familiar signature, his sprawling handwriting lending itself with facility to the deception, nor would there be any difficulty in his cashing the cheque; it being well known at the bank that he was Zynool's man of business and had frequent money transactions with him. In fact, the deed was done with such ease that a more sensitive man