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The reader will excuse me if I conceal the date or any other fact by which he might trace the actual occurrence.

We had been out for one of our evening rambles, Holmes and I, and had returned about six o'clock on a cold, frosty winter's evening.

As Holmes turned up the lamp the light fell upon a card on the table.

He glanced at it, and then, with an ejaculation of disgust, threw it on the floor.

I picked it up and read:-

Charles Augustus Milverton,

Appledore Towers,

Agent. Hampstead.

"Who is he?" I asked.

"The worst man in London," Holmes answered, as he sat down and stretched his legs before the fire. "Is anything on the back of the card?"

I turned it over.

"Will call at 6.30 - C.A.M.," I read.

"Hum! He's about due.

Do you feel a creeping, shrinking sensation, Watson, when you stand before the serpents in the Zoo and see the slithery, gliding, venomous creatures, with their deadly eyes and wicked, flattened faces? Well, that's how Milverton impresses me.

I've had to do with fifty murderers in my career, but the worst of them never gave me the repulsion which I have for this fellow.

And yet I can't get out of doing business with him - indeed, he is here at my invitation."

"But who is he?"

"I'll tell you, Watson.

He is the king of all the blackmailers.

Heaven help the man, and still more the woman, whose secret and reputation come into the power of Milverton.

With a smiling face and a heart of marble he will squeeze and squeeze until he has drained them dry.

The fellow is a genius in his way, and would have made his mark in some more savoury trade.

His method is as follows: He allows it to be known that he is prepared to pay very high sums for letters which compromise people of wealth or position.

He receives these wares not only from treacherous valets or maids, but frequently from genteel ruffians who have gained the confidence and affection of trusting women.

He deals with no niggard hand.

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