continued.
"According to the story which was told me by Fisher, his last words to Kara were to the effect that he was expecting a cheque or that he had received a cheque.

No cheque has been presented or drawn and apparently Gathercole has gone off without waiting for any payment.

An examination of Kara's books show nothing against the Gathercole account save the sum of 600 pounds which was originally advanced, and now to upset all my calculations, look at this." He took from his pocketbook a newspaper cutting and pushed it across the table, for they were dining together at the Carlton.

John Lexman picked up the slip and read.

It was evidently from a New York paper: "Further news has now come to hand by the Antarctic Trading Company's steamer, Cyprus, concerning the wreck of the City of the Argentine.