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"You mean the day that pocketbook was stolen that the whole world seems crazy about?" Van Teyl asked. She nodded. "I believe it is perfectly true," she said, "that a young man called Graham has invented an entirely new explosive, the formula for which he brought to Henry's with him that day.

"Look here, old fellow," Holderness interrupted, "it's all splendid, of course, and I'm dying to hear you talk about it, but come along now and be introduced to Miss Van Teyl. Molly's over there, waiting, and we're all half starved." "So am I," was the cheerful answer. "Hullo, Lutchester, how are you? Just one moment. I must get a wash, I motored straight through, and I'm choked with dust.

The German and British fleets have met, and the victory has remained with us." "With us?" Pamela repeated. "With Germany," Fischer corrected himself hastily. "Is this true?" James Van Teyl almost shouted. "Fischer, are you sure of what you're saying? Why, it's incredible!" "It is true," was the proud reply. "The German Navy has been a long time proving itself. It has done so now.

"That small sum in arithmetic," he remonstrated, "had already passed through my brain. Send in your selling order, Jim, and come out to lunch with me. I've come straight through from Washington only got in this morning." Van Teyl called in his clerk and gave a few orders. Then he took up his hat and left the office with his client.

"It's done the whole market in, though knocked the bottom out of it. They've fallen a point and a half. Shall I begin to buy back for you? You'll make a bit." "Not a share," Fischer answered fiercely. "Wait!" "Have you any news you're keeping up your sleeve?" Van Teyl persisted. "If I have, it's my own affair," was the curt reply, "and I don't tell news over the telephone, anyway.

Fischer took no notice. He was already gripping the telephone receiver. "982, Wall," he said "an urgent call." He stood waiting, his face an epitome of breathless suspense. Soon a voice answered him. "That the office of Neville, Brooks and Van Teyl?" he demanded. "Yes! Put me through to Mr. Van Teyl. Urgent!" Another few seconds of waiting, then once more he bent over the instrument.

The clerk, who had recognised the newcomer, took him under his personal care. "Mr. Fischer is up in his rooms, expecting you, Baron," he announced. "If you'll come this way, I'll take you up." The Baron followed his guide to the lift and along the corridor to the suite of rooms occupied by Mr. Fischer and his young friend, James Van Teyl. Mr. Fischer himself opened the door.

He was looking very comfortable and matter-of-fact in his grey tweed suit and soft felt hat. "Perhaps," he observed pleasantly, "I am out of place here. Drop me a line and let me know how things are going to the Hotel Capitol at Washington." "That's all right," Van Teyl promised. "I'll get you on the long-distance 'phone.

"She was clever enough to make use of my scaffolding, and got up the ladder first. I'm not squealing, but I've got to have that document, whatever it costs me." Van Teyl was silent for a moment. There was an undercurrent of something threatening in his companion's manner, of which he had taken note. "And the second thing you mentioned?" he asked. "What is that?"

"I'm afraid they are still a good deal ahead of us in most scientific matters. I will take the liberty, of calling some time to-morrow, Miss Van Teyl, and hope I shall have the pleasure of improving my acquaintance with your brother. Good night, Mr. Fischer." "Are you staying in the hotel?" the latter inquired. "On the fifteenth floor," was the somewhat gloomy reply.