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a laden with imitation Panama hats, Speedy quickly purchased one, shoving his cap into his pocket. He intentionally chose a hat that was oversize, with a huge flappy brim. Donning this and pulling it down over his eyes, he congratulated himself that Callahan would now believe that the other young man in the motorman's cap had departed.

The gangman now turned a corner and Speedy knew they were on busy Powers Street, with the Elevated Railway overhead and the street beside them littered with vehicles rumbling over its rough cobbles. Five minutes more and they reached the fateful corner of Powers and Third Ave. Their journey had taken them clear across town and it was well after noon.

There was for the moment no sign of Joe. Puggy looked eagerly around and then contented himself by leaning against a hydrant on the corner and lighting a cigarette to pass the time away. There was a cigar store on the corner and a convenient alleyway, littered with boxes and barrels, was located between it and the next shop, a butcher's emporium. Speedy, with King Tut at his heels, glided into the shadows of the alley and, almost breathlessly, crouched there.

Thus passed a half hour, impatiently regarded by both the watcher at the hydrant and the unseen vigilants in the alley.

And then, when it must have seemed to the irritated Callahan that the absent Joe had misunderstood the instructions or met with an accident, that worthy himself swiftly drove up in a bright new