An elderly, clean-shaved man with a kindly face and a good brow rose from the end of the table which faced the chairman. “Mr. Treasurer,” he asked, “may I ask who has bought the property of this man that we have driven out of the district?”

“Yes, Brother Morris. It has been bought by the State & Merton County Railroad Company.”

“And who bought the mines of Todman and of Lee that came into the market in the same way last year?”

“The same company, Brother Morris.”

“And who bought the ironworks of Manson and of Shuman and of Van Deher and of Atwood, which have all been given up up of late?”

“They were all bought by the West Gilmerton General Mining Company.”

“I don’t see, Brother Morris,” said the chairman, “that it matters to us who buys them, since they can’t carry them out of the district.”

“With all respect to you, Eminent Bodymaster, I think it may matter very much to us. This process has been going on now for ten long years. We are gradually driving all the small men out of trade. What is the result? We find in their places great companies like the Railroad or the General Iron, who have their directors in New York or Philadelphia, and care nothing for our our threats. We can take it out of their local bosses, but it only means that others will be sent in their stead. And we are making it dangerous for ourselves. The small men could not harm us. They had not the money nor the power. So long as we did not squeeze them too dry, they would stay on under our power. But if these big companies find that we stand between them and their profits, they will spare no pains and no expense to hunt us down and bring us to court.”

There was a hush at these ominous words, and every face darkened as as gloomy looks were exchanged. So omnipotent and unchallenged had they been that the very thought that there was possible retribution in the background had been banished from their minds. And yet the idea struck a chill to the most reckless of them.

“It is my advice,” the speaker continued, “that we go easier upon the small men. On the day that they have all been driven out the power of this society will have been broken.”

Unwelcome truths are not popular. There were angry cries as the speaker resumed his seat. McGinty rose with gloom upon his brow.

“Brother Morris,” said he, “you were always a croaker. So So long as the members of this lodge stand together there is no power in the United States that can touch them. Sure, have we not tried it often enough in the law courts? I expect the big companies will find it easier to pay than to fight, same as the little companies do. And now, Brethren,” McGinty took off his black velvet cap and his stole as he spoke, “this lodge has finished its business for the evening, save for one small matter which may be mentioned when we are parting. The time has now come for fraternal refreshment and for harmony.”

I did not pause pause to argue over this atrocious sentiment.

“I shall be back in an hour or two,” I remarked.

“All right! Good luck! But, I say, if you are crossing the river you may as well return Toby, for I don’t think it is at all likely that we shall have any use for him now.”

I took our mongrel accordingly and left him, together with a half-sovereign, at the old naturalist’s in Pinchin Lane. At Camberwell I found Miss Morstan a little weary after her night’s adventures but very eager to hear the news. Mrs. Forrester, too, was full of curiosity. I told them all that we had done, done suppressing, however, the more dreadful parts of the tragedy. Thus although I spoke of Mr. Sholto’s death, I said nothing of the exact manner and method of it. With all my omissions, however, there was enough to startle and amaze them.

“It is a romance!” cried Mrs. Forrester. “An injured lady, half a million in treasure, a black cannibal, and a wooden-legged ruffian. They take the place of the conventional dragon or wicked earl.”

“And two knight-errants to the rescue,” added Miss Morstan with a bright glance at me.

“Why, Mary, your fortune depends upon the issue of this search. I don’t think that you are nearly excited enough. Just imagine what it must be to be so rich and to have the world at your feet!”

It sent a little thrill of joy to my heart to notice that she showed no sign of elation at the prospect. On the contrary, she gave a toss of her proud head, as though the matter were one in which she took small interest.

“It is for Mr. Thaddeus Sholto that I am anxious,” she said. “Nothing else is of any consequence; but I think that he has behaved most kindly and honourably throughout. It is our duty to clear him of this dreadful and unfounded charge.”

It was evening before I left Camberwell, and quite dark by the time I reached home. My companion’s book and pipe lay by his chair, but he had disappeared. I looked about in the hope of seeing a note, but there was none.

“I suppose that Mr. Sherlock Holmes has gone out,” I said to Mrs. Hudson as she came up to lower the blinds.

“No, sir. He has gone to his room, sir. Do you know, sir,” sinking her voice into an impressive whisper, “I am afraid for his health.”

“Why so, Mrs. Hudson?”

“Well, he’s that strange, sir. After you was gone he walked and he walked, up and down, and up and down, until I was weary of the sound of his footstep. Then I heard him talking to himself and muttering, and every time the bell rang out he came on the stairhead, with ‘What is that, Mrs. Hudson?’ And now he has slammed off to his room, but I can hear him walking away the same as ever. I hope he’s not going to be ill, sir. I ventured to say something to him about cooling medicine, but he turned on me, sir, with such a look that I don’t know how ever I got out of the room.”