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THE SILVER INGOTS.

by clifford ashdown.

THE morning was raw, the sun, when it deigned to shine, feeling chill and distant. There was no wind, and as they threaded the curves of the river the occasional funnels wrote persistent sooty lines upon the grey clouds. The park, with its avenues mere damp vistas of naked and grimy boughs, was deserted even by the sparrows, no longer finding a precarious meal at the hands of the children as yet only playing in their slums. There is little pleasure in cycling towards the end of February, and, preferring walking to the perils of side-slip in the mud, Mr. Pringle had walked from Furnival's Inn by way of the Embankment and Grosvenor Road, and now sat smoking on the terrace in front of Battersea Park.

There was a new moon, and the rubbish borne during the night on the spring tide from down stream was returning on the ebb to the lower reaches from which it had been ravished. As Mr. Pringle smoked and gazed absently at the river, now nearly at its lowest, a large "sou'-wester" caught his eye; it swam gravely with the stream, giving an occasional pirouette as it swirled every now and then into an eddy. As it floated opposite him he caught a glimpse of some white thing below it—the whole mass seemed to quiver, as if struggling and fighting for life. Could it be a drowning man? Just there the river was solitary; not a soul was visible to help. Vaulting lightly over the low railings, Pringle sprang from the Embankment on to a bed of comparatively clean shingle, which here replaced the odorous mud-level, and reached the water side just as the "sou'-wester," in a more violent gyration, displayed in its grasp a woollen comforter.

Amused and a trifle vexed at his own credulity, Pringle turned, and, walking a yard or two along the beach, tripped and fell as his toe caught in something. Scrambling to his feet, he discovered a loop of half-inch manilla rope, the colour of which told of no long stay there. He gave it a gentle pull, without moving it in the slightest. A harder tug gave no better result; and, his curiosity now thoroughly aroused, he seized it with both hands, and, with his heels dug into the shingle, dragged out of the water just a plaited carpenter's tool basket. The rope, in length about six feet, was rove through the handles as if for carrying over the shoulder. Surprised at its weightiness, he peeped inside. They were odd-looking things he found—no mallets or chisels, planes or turnscrews, only half a dozen dirty-looking bricks. Wondering more and more, he picked one up and examined it carefully. Towards the end was a faint suggestion as it were of a scallop-

Copyright, 1903, by R. Austin Freeman, in the United States of America.