description, but the locality appeared to be less private than I expected.
On the contrary, for a small street in a quiet neighborhood, it was
remarkably animated. There was a group of shabbily dressed men smoking and
laughing in a corner, a scissors grinder with his wheel, two guardsmen who
were flirting with a nurse girl, and several well-dressed young men who
were lounging up and down with cigars in their mouths.

"You see," remarked Holmes, as we paced to and fro in front of the house,
"this marriage rather simplifies matters. The photograph becomes a
double-edged weapon now. The chances are that she would be as averse to
its being seen by Mr. Godfrey Norton as our client is to its coming to the
eyes of his princess. Now the question is--where are we to find the
photograph?"

"Where, indeed?"

"It is most unlikely that she carries it about with her. It is cabinet
size. Too large for easy concealment about a woman's dress. She knows that
the king is capable of having her waylaid and searched. Two attempts of
the sort have already been made. We may take it, then, that she does not
carry it about with her."

"Where, then?"

"Her banker or her lawyer. There is that double possibility. But I am
inclined to think neither. Women are naturally secretive, and they like to
do their own secreting. Why should she hand it over to anyone else? She
could trust her own guardianship, but she could not tell what indirect or
political influence might be brought to bear upon a business man. Besides,
remember that she had resolved to use it within a few days. It must be