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is Siker," said the visitor.

"And a jolly good name, too," said Bones, dimly conscious of the fact that he had heard this name mentioned before.

"You probably saw the account of my father's death. It was in this morning's newspaper, though he died last week," said Mr. Siker.

Bones screwed up his forehead.

"I remember that name," he said. "Now, let me think. Why, of course--Siker's Detective Agency."

It was the young man's turn to nod.

"That's right, sir," he said. "John Siker was my father. I'm his only son."

Bones waited.

"I've heard it said, Mr. Tibbetts," said the young man--"at least, it has been represented to me--that you are on the look-out for likely businesses that show a profit."

"That's right," agreed Bones; "that show me a big profit," he added.

"Well, Siker's Detective Agency has made two thousand a year clear for twenty years," said the young man. "We've got one of the best lists of clients in the kingdom, and almost every big business man in the City is on our list. With a little more attention than my father has been able to give to it for the last two years, there's a fortune in it."

Bones was sitting upright now, his eyes shining. The amazing possibilities of such an acquisition were visible to his romantic eye.

"You want to sell it, my poor old Sherlock?" he demanded, then, remembering the part he was called upon to play, shook his head. "No, no, old thing. Deeply sorry and all that sort of thing, but it can't be done. It's not my line of business at all--not," he added, "that I don't know a jolly sight more about detectivising than a good many of these clever ones. But it's really not my game. What did you want for it?"

"Well," said the young man, hesitating, "I thought that three years' purchase would be a bargain for the man who bought it."

"Six thousand pounds," said Bones.

"Yes," agreed the other. "Of course, I won't ask you to buy the thing blindfolded. You can put the accounts in the hands of your lawyer or your accountant, and you will find that what I have said is true--that my father took two thousand a year out of his business for years. It's possible to make it four thousand. And as to running it, there are three men who do all the work--or, rather, one, Hilton, who's in charge of the office and gives the other fellows their instructions."

"But why sell it, my sad old improvidence?" said Bones. "Why chuck away two thousand a year for six thousand cash?"

"Because I'm not well enough to carry it on," said young Mr. Siker, after a moment's hesitation. "And, besides, I can't be bothered. It interferes, with my other profession--I'm a musician."

"And a jolly good profession, too," said Bones, shaking hands with him across the table. "I'll sleep on this. Give me your address and the address of your accountants, and I'll come over and see you in the morning."

Hamilton was at his desk the next morning at ten o'clock. Bones did not arrive until eleven, and Bones was monstrously preoccupied. When Hamilton saluted him with a cheery "Good morning," Bones returned a grave and non-committal nod. Hamilton went on with his work until he became conscious that somebody was staring at him, and, looking up, caught Bones in the act.

"What the devil are you looking at?" asked Hamilton.

"At your boots," was the surprising reply.

"My boots?" Hamilton pulled them back through the kneehole of the desk and looked at them. "What's the matter with the boots?"

"Mud-stains, old carelessness," said Bones tersely. "You've come from Twickenham this morning."

"Of course I've come from Twickenham. That's where I live," said Hamilton innocently. "I thought you knew that."

"I should have known it," said Bones, with great gravity, "even if I hadn't known it, so to speak. You may have observed, my dear Hamilton, that the jolly old mud of London differs widely--that is to say, is remarkably different. For instance, the mud of Twickenham is different from the mud of Balham. There's what you might call a subtle difference, dear junior partner, which an unimaginative old rascal like you wouldn't notice. Now, the mud of Peckham," said Bones, waving his forefinger, "is distinguished by a certain darkness----"

"Wait a bit," said Hamilton. "Have you bought a mud business or something?"

"No," said Bones.

"And yet this conversation seems familiar to me," mused Hamilton. "Proceed with your argument, good gossip."

"My argument," said Bones, "is that you have Twickenham mud on your boots, therefore you come from Twickenham. It is evident that on your way to the station you stopped to buy a newspaper, that something was on your mind, something made you very thoughtful--something on your jolly old conscience, I'll bet!"

"How do you know that?" asked Hamilton.

"There's your _Times_ on the table," said Bones triumphantly, "unopened."

"Quite true," said Hamilton; "I bought it just before I came into the office."

"H'm!" said Bones. "Well, I won't deceive you, dear old partner. I've bought Siker's."

Hamilton put down his pen and leaned back in his chair.

"Who's Siker's?"

"Siker's Detective Agency," began Bones, "is known from one end----"

"Oh, I see. Whew!" whistled Hamilton. "You were doing a bit of detecting!"

Bones smirked.

"Got it at once, my dear old person," he said. "You know my methods----"

Hamilton's accusing eye met his, and Bones coughed.

"But what on earth do you expect to do with a detective agency, Bones?" asked Hamilton, strolling across and lighting a cigarette. "That's a type of business there isn't any big demand for. And how is it going to affect you personally? You don't want your name associated with that sort of thing."

Bones explained. It was a property he could "sit on." Bones had always been looking for such a business. The management was capable of carrying on, and all that Bones need do was to sit tight and draw a dividend.

As to his name, he had found a cunning solution to that difficulty.

"I take it over, by arrangement with the lawyer in the name of 'Mr. Senob,' and I'll bet you won't guess, dear old Ham, how I got that name!"

"It's 'Bones' spelt backwards," said Hamilton patiently. "You tried that bit of camouflage on me years ago."

Bones sniffed disappointedly and went on.

For once he was logical, brief in his explanation, and convincing. Yet Hamilton was not altogether convinced. He was waiting for the inevitable "but," and presently it came.

"But of course I'm not going to leave it entirely alone, old Ham," said Bones, shrugging his shoulders at the absurdity of such a suggestion. "The business can be doubled if a man with a capable, up-to-date conception of modern crime----"

Hamilton made a hooting noise, derisive and insulting.

"Meaning you?" he said, at the conclusion of his lamentable exhibition.

"Meaning me, Ham, my fat old sceptic," said Bones gently. "I don't think, dear old officer, you quite realise just what I know about criminal investigation."

"You silly ass," said Hamilton, "detective agencies don't criminally investigate. That's done by the real police. Detective agencies are merely employed by suspicious wives to follow their husbands."

"Exactly," said Bones, nodding. "And that is just where I come in. You see, I did a little bit of work last night--rather a pretty little bit of work." He took a slip of paper from his pocket. "You dined at the Criterion at half-past eight with a tall, fair lady--a jolly old dear she was too, old boy, and I congratulate you most heartily--named Vera."

Hamilton's face went red.

"You left the restaurant at ten past nine, and entered cab No. 667432. Am I right, sir?"

"Do you mean to tell me," exploded Hamilton, "that you were watching me?"

Bones nodded.

"I picked you up, old thing, outside the Piccadilly Tube. I shadowed you to the theatre. I followed you home. You got a taxi--No. 297431--and you were an awful long time before you got out when you reached the lady's destination--an awful long time," said Bones emphatically. "What you could find to talk about after the cab had drawn up at the dear old ancestral home of Vera----"

"Bones," said Hamilton awfully. "I think you've gone far enough."

"I thought you'd gone a bit too far, dear old thing, I did really," said Bones, shaking his head reprovingly. "I watched you very carefully."

He danced, with a little squeak of joy, into the office of his beautiful secretary, leaving a very red and a pardonably annoyed Hamilton breathing heavily.

Bones went to the office of Siker's Detective Agency early the next morning. He went, it may be remarked in passing, though these details can only be interesting to the psychologist, wearing the darkest of his dark suits and a large black wideawake hat. There was a certain furtiveness in his movements between the taxicab and the entrance of the office, which might suggest to anybody who had taken the trouble to observe him that he was an escaping bank-robber.

Siker's had spacious offices and a small staff. Only Hilton, the manager, and a clerk were in when Bones presented his card. He was immediately conducted by Mr. Hilton to a very plain inner office, surrounded with narrow shelves, which in turn were occupied by innumerable little deed boxes.

Mr. Hilton was a sober-faced man of fifty-five, sallow and unhappy. His tone was funereal and deliberate, his eyes steady and remorseless.

"Sit down, Mr. Senob," he said hollowly. "I have a message from the lawyers, and I presume I am welcoming to this establishment the new proprietor who has taken the place of my revered chief, whom I have faithfully served for twenty-nine years."

Bones closed his eyes and listened as to an address of welcome.

"Personally," said Mr. Hilton, "I think that the sale of this business is a great mistake on the part of the Siker family. The Sikers have been detectives for four generations," he said with a relish of an antiquarian. "George Siker first started work as an investigator in 1814 in this identical building. For thirty-five years he conducted Siker's Confidential Bureau, and was succeeded by his son James the grandfather of the late John George for twenty-three years----"

"Quite so, quite so," said Bones. "Poor old George! Well, well, we can't live for ever, dear old chief of staff. Now, the thing is, how to improve this jolly old business."

He looked around the dingy apartment without enthusiasm.

Bones had visitors that morning, many visitors. They were not, as he had anticipated, veiled ladies or cloaked dukes, nor did they pour into his discreet ears the stories of misspent lives.

There was Mr. Carlo Borker, of Borker's Confidential Enquiry Bureau, a gross man in a top hat, who complained bitterly that old man Siker had practically and to all intents and purposes offered him an option of the business years ago.

It was a one-sided conversation.
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