When she took the paper, a look half surprised, half indignant, passed over her face. Her watchful aunt saw it, and bending over looked also at the paper. Then she too smiled bitterly.

Leonard had printed in the names! The feminine keenness of both women had made his intention manifest. He did not wish for the possibility of his handwriting being recognised. His punishment came quickly. With a dazzling smile Stephen said to him:

‘But, Leonard, you have forgotten to put the addresses!’

‘Is that necessary?’

‘Of course it is! Why, you silly, how is the money to be paid if there are no addresses?’

Leonard felt like a rat in a trap; but he had no