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Then he had snapped back the catch of the window and I heard his breath hissing from his lips as he raised the sash and slipped inside.

The next moment Holmes emerged from his hiding place and levelled the revolver at the man who turned with the blazing eyes of a trapped beast, knife in hand, seeking escape.

"There is a loaded revolver levelled at your head, man," said Holmes evenly, "and you would be wise to drop that knife and give yourself up!"

With a wordless snarl, the intruder flung himself towards the Silver, placing it between himself and our guns. "Shoot if you dare!" he cried. "You will be destroying more than my unworthy life! You will be destroying everything you have conspired to preserve! I underestimated you, Macklesworth. I thought you were an easy dupe-dazzled by the notion of being related to a knight of the realm, with whom you had an intimate correspondence! I worked for years to discover everything I could about you. You seemed perfect. You were willing to do anything, so long as it was described as a matter of family honour. Oh, how I planned! How I held myself in check! How patient I was. How noble in all my deeds! All so that I would one day own not merely that fool Geoffrey's money, but also his most prized treasure! I had his love-but I wanted everything else besides!"

It was then I realized suddenly what Holmes had been telling me. I almost gasped aloud as I understood the truth of the situation!

At that moment I saw a flash of silver and heard the sickening sound of steel entering flesh. Holmes fell back, his pistol dropping from his hand and with a cry of rage I discharged my own revolver, careless of Fellini or his art, in my belief that my friend was once again to be taken from me-this time before my eyes.

I saw Jean-Pierre Fromental, alias Linda Gallibasta, fall backwards, arms raised, and crash through the window by which he had entered. With a terrible cry he staggered, flailed at the air, then fell into an appalling silence.

At that moment, the door burst open and in came John Macklesworth, closely followed by our old friend Inspector Lestrade, Mrs. Beck and one or two other tenants of 2 Dorset Street.

"It's all right, Watson," I heard Holmes say, a little faintly. "Only a flesh wound. It was foolish of me not to think he could throw a Bowie-knife! Get down there, Lestrade, and see what you can do. I'd hoped to take him alive. It could be the only way we'll be able to locate the money he has been stealing from his benefactor over all these years. Good night to you, Mr. Macklesworth. I had hoped to convince you of my solution, but I had not expected to suffer quite so much injury in the performance." His smile was faint and his eyes were flooded with pain.

Luckily, I was able to reach my friend before he collapsed upon my arm and allowed me to lead him to a chair, where I took a look at the wound. The knife had stuck in his shoulder and, as Holmes knew, had done no permanent damage, but I did not envy him the discomfort he was suffering.

Poor Macklesworth was completely stunned. His entire notion of things had been turned topsy-turvy and he was having difficulty taking everything in. After dressing Holmes's wound, I told Macklesworth to sit down while I fetched everyone a brandy. Both the American and myself were bursting to learn everything Holmes had deduced, but contained ourselves until my friend would be in better health. Now that the initial shock was over, however, he was in high spirits and greatly amused by our expressions.

"Your explanation was ingenious, Watson, and touched on the truth, but I fear it was not the answer. If you will kindly look in my inside jacket pocket, you will find two pieces of paper there. Would you be good enough to draw them out so that we might all see them?"

I did as my friend instructed. One piece contained the last letter Sir Geoffrey had written to John Macklesworth and, ostensibly, left with Mrs. Gallibasta. The other, far older, contained the letter John Macklesworth had read out earlier that day. Although there was a slight similarity to the handwriting, they were clearly by different authors.

"You said this was the forgery," said Holmes, holding up the letter in his left hand, "but unfortunately it was not. It is probably the only example of Sir Geoffrey's handwriting you have ever seen, Mr. Macklesworth."

"You mean he dictated everything to his-to that devil?"

"I doubt, Mr. Macklesworth, that your namesake had ever heard of your existence."

"He could not write to a man he had never heard of, Mr. Holmes!"

"Your correspondence, my dear sir, was not with Sir Geoffrey at all, but with the man who lies on the pavement down there. His name, as Doctor Watson has already deduced, is Jean-Pierre Fromental. No doubt he fled to England after the Picayune murders and got in with the Bohemian crowd surrounding Lord Alfred Douglas and others, eventually finding exactly the kind of dupe he was looking for. It is possible he kept his persona of Linda Gallibasta all along. Certainly that would explain why he became so terrified at the thought of being examined by a doctor-you'll recall the postmistresses words. It is hard to know if he was permanently dressing as a woman-that, after all, is how he had lured his Louisiana victims to their deaths-and whether Sir Geoffrey knew much about him, but clearly he made himself invaluable to his employer and was able, bit by bit, to salt away the remains of the Macklesworth fortune. But what he really craved, was the Fellini Silver, and that was when he determined the course of action which led to his calculating deception of you, Mr. Macklesworth. He needed a namesake living not far from New Orleans. As an added insurance he invented another cousin. By the simple device of writing to you on Sir Geoffrey's stationery he built up an entire series of lies, each of which had the appearance of verifying the other. Because, as Linda Gallibasta, he always collected the mail, Sir Geoffrey was never once aware of the deception."

It was John Macklesworth's turn to sit down suddenly as realization dawned. "Good heavens, Mr. Holmes. Now I understand!"

"Fromental wanted the Fellini Silver. He became obsessed with the notion of owning it. But he knew that if he stole it there was little chance of his ever getting it out of the country. He needed a dupe. That dupe was you, Mr. Macklesworth. I regret that you are probably not a cousin of the murdered man. Neither did Sir Geoffrey fear for his Silver. He appears quite reconciled to his poverty and had long since assured that the Fellini Silver would remain in trust for his family or the public forever. In respect of the Silver he was sheltered from all debt by a special covenant with Parliament. There was never a danger of the piece going to his creditors. There was, of course, no way, in those circumstances, that Fromental could get the Silver for himself. He had to engineer first a burglary-and then a murder, which looked like a consequence of that burglary. The suicide note was a forgery, but hard to decipher. His plan was to use your honesty and decency, Mr. Macklesworth, to carry the Silver through to America. Then he planned to obtain it from you by any means he found necessary."

Macklesworth shuddered. "I am very glad I found you, Mr. Holmes. If I had not, by coincidence, chosen rooms in Dorset Street, I would even now be conspiring to further that villain's ends!"

"As, it seems, did Sir Geoffrey. For years he trusted Fromental. He appears to have doted on him, indeed. He was blind to the fact that his estate was being stripped of its remaining assets. He put everything down to his own bad judgment and thanked Fromental for helping him! Fromental had no difficulty, of course, in murdering Sir Geoffrey when the time came. It must have been hideously simple. That suicide note was the only forgery, as such, in the case, gentlemen. Unless, of course, you count the murderer himself."