From remarks dropped by the bystanders he gathered that stickers bearing the same boastful announcements had been distributed during the early morning hours at various points throughout the city. Mr. Shei seemed to have spared no pains in his effort to startle the metropolis. The Phantom was edging away from the throng when a few words, spoken in low and drawling tones, caused him to look quickly aside.
The Phantom felt a faint thrill of apprehension. Recognition at this point might prove disastrous to his plans. Beside him, with tired and red-lidded eyes peering into his face, stood a tall, gaunt man whose somewhat ludicrous appearance was accentuated by full evening dress.
"I think not," he said hastily, and started to walk away. The other, refusing to be squelched, fell into step beside him.
"Now, isn't that queer?" he remarked with a wheezy chuckle. "The moment I saw you it occurred to me that your face seemed familiar. By the way, what do you think of Mr. Shei's latest?"
"Quite ambitious." The Phantom gave his uninvited companion a keen glance, and the covert scrutiny stirred several shadowy recollections in his mind. The curious individual seemed well past middle age, and his sallow complexion and furrowed face indicated decrepit health. He walked with a shuffling gait and a catarrhal affection of the nose necessitated frequent use of his handkerchief. The Phantom was trying to recall when and under what circumstances they had met before, but his face indicated nothing but annoyance at an unwelcome intrusion.
"Ambitious is the word," assented the man in evening dress. "Do you know, my dear sir, that if Mr. Shei carries out his threat and annexes fifty per cent of the seven biggest fortunes in town, his net gain will run into the billions? I can only hope that I am not one of the seven selected for shearing."
The Phantom gave him another quick glance. A gleam of humor relieved the woe-begone expression of the man's face. Again The Phantom searched his memory. The last remark had carried a strong hint to the effect that his companion was a man of great wealth.
"My name, as you probably know, although you pretend to have forgotten it, is W. Rufus Fairspeckle," continued the other, taking The Phantom's arm and turning into a side street. "I don't know how many millions I have, but I have enough to make me a shining mark for Mr. Shei's latest offensive. Ah, I see you remember me now!"