Willis Ford entered the presence of his employer with an air of confidence which he did not feel.  Knowing his own guilt, he felt ill at ease and nervous; but the crisis had come and he must meet it.

“Take a seat, Mr. Ford,” said Mr. Reynolds, gravely.  “Your stepmother tells me that she has lost some government bonds?”

“All I had in the world,” moaned the housekeeper.

“Yes, sir; I regret to say that she has been robbed.”

“I learn, moreover, that a part of the bonds were brought to my office for sale to-day?”

“Yes, sir.”

“And by Grant Thornton?”

“He can answer that question for himself, sir.  He is present.”

“It is true,” said Grant, quietly.

“Did you ask him where the bonds came from?”

“He volunteered the information.  He said they were intrusted to him for sale by a friend.”

“Acquaintance,” corrected Grant.

“It may have been so.  I understood him to say friend.”

“You had no suspicions that anything was wrong?” asked the broker.

“No; I felt perfect confidence in the boy.”

Grant was rather surprised to hear this.  If this were the case, Willis Ford had always been very successful, in concealing his real sentiments.

“How did you pay him?”

“In a check to his own order.”

“Have you collected the money on that check, Grant?” asked Mr. Reynolds.

“Yes, sir.”

“Have you paid it out to the party from whom you obtained the bonds?”

“No, sir; I am to meet him to-morrow morning at the Fifth Avenue Hotel.”

Willis Ford’s countenance changed when he heard this statement.  He supposed that Jim Morrison already had his money and was safely off with it.  Now it was clear that Grant would not be allowed to pay it to him, and his own debt would remain unpaid.  That being the case, Morrison would be exasperated, and there was no knowing what he would say.

“What do you know of this man, Grant?”

“Very little, sir.”

“How does he impress you—­as an honest, straightforward man?”

Grant shook his head.

“Not at all,” he said.

“Yet you took charge of his business for him?”

“Yes, sir; but not willingly.  He offered me a dollar for my trouble, and as I did not know there was anything wrong, I consented.  Besides—–­” Here Grant paused.

“Well?”

“Will you excuse my continuing, Mr. Reynolds?”

“No,” answered the broker, firmly.  “On the other hand, I insist upon your saying what you had in your mind.”

“Having seen Mr. Ford in this man’s company, I concluded he was all right.”

Willis Ford flushed and looked disconcerted.

“Is this true, Mr. Ford?” asked the broker.  “Do you know this man?”

“What do you say his name was, Thornton?” asked Ford, partly to gain time.