When the clerk left him, he laid his head upon his hands and tried to put things quite clearly before himself. 'Where can the certificates be?' he asked himself, repeating this question twenty times. He was quite conscious that if he had been consulted on such a point by a client he would have replied with the greatest readiness, suggesting the one really practical thing to do. For himself he could advise nothing. 'Where can the certificates be? Nobody steals Corporation stock and gas companies' shares. They are no good if you do steal them. They can't be sold without the authority of the owner: he has got to sign transfer papers: if they were stolen, the dividends would go on being paid to the owner just the same. Besides----' Somewhere about this point he bethought him of the Bank-book. If the stock had been sold the money would appear to his credit. He snatched the book and looked at it. No; there was no entry which could possibly represent the sale of stock. He knew what every entry meant, and when the amount was paid in: his memory was perfectly clear upon this point. Checkley's suggestion occurred to him. Had he taken the certificates home with him? He might have done for some reason which he had now forgotten. Yes; that was the one possible explanation. He must have done. For a moment he breathed again--only for a moment, because he immediately reflected that he could not possibly do such a thing as take those securities to a house where he never transacted any business at all. Then he returned to his former bewilderment and terror. What had become of them? Why had he taken them out of the safe? Where had he bestowed them? And why were there no dividends paid to him on these stocks? Why? He turned white with terror when he realised that if he got no more dividends, he could have no more stocks. During a long professional career of fifty years, Mr. Dering had never made a mistake--at least he thought so. If he had not always invested his money to the greatest profit, he had invested it safely. He did not get the interest that some City men expect, but he made no losses. He looked upon himself, therefore, as a man of great sagacity, whereas in such matters he was only a man of great prudence. Also, during this long period he was always in the enjoyment of a considerable income. Therefore he had never known the least anxiety about money. Yet all his life he had been counselling other people in their anxieties. It was exactly as if a specialist in some mortal disease should be himself attacked by it. Or it was as if the bo'sun, whose duty it is to superintend the flogging, should be himself tied up.