"I've been thinking of that night we had the narrow squeak," he began. "Why do you start?"

"I was thinking of it too."

He smiled, as though he had read my thoughts.

"Well, you were the right sort of little beggar then, Bunny; you didn't talk and you didn't flinch. You asked no questions and you told no tales. I wonder if you're like that now?"

"I don't know," said I, slightly puzzled by his tone. "I've made such a mess of my own affairs that I trust myself about as little as I'm likely to be trusted by anybody else. Yet I never in my life went back on a friend. I will say that, otherwise perhaps I mightn't be in such a hole to-night."

"Exactly," said Raffles, nodding to himself, as though in assent to some hidden train of thought; "exactly what I remember of you, and I'll bet it's as true now as it was ten years ago. We don't alter, Bunny. We only develop. I suppose neither you nor I are really altered since you used to let down that rope and I used to come up it hand over hand. You would stick at nothing for a pal—what?"

"At nothing in this world," I was pleased to cry.

"Not even at a crime?" said Raffles, smiling.

I stopped to think, for his tone had changed, and I felt sure he was chaffing me. Yet his eye seemed as much in earnest as ever, and for my part I was in no mood for reservations.

"No, not even at that," I declared; "name your crime, and I'm your man."

He looked at me one moment in wonder, and another moment in doubt; then turned the matter off with a shake of his head, and the little cynical laugh that was all his own.