Deloney.”

She sat down slowly upon a divan and slowly lifted a hand to her mouth. “How could Philip have been involved with something so hideous?”

“That is what I must find out. He may have been in league with Rochester to deceive you, and I don’t know how many others. Perhaps he was deceived himself and never meant any harm.”

“But how could he have been deceived? He himself falsified stocks.” She gestured at the shares of the absurd projects she held. “I knew they were false when I bought them. It was only five pounds now and again, and I could not bear to embarrass him by refusing.”

“You can see these South Sea holdings are of a superior quality. Perhaps the biter was bit. But we cannot take the time to concern ourselves with Deloney. Not now. Our first concern must be to take these shares to South Sea House.”

Miriam put a hand to her mouth. “Surely that is dangerous. If they know we have false stock, will they not act against us?”

“They know we have not falsified this stock ourselves. I believe they have suspicions about Rochester and his forgeries, but until now I have had no proof that these falsifications exist. And I believe they will pay you handsomely for them, for they wish to suppress all evidence of their existence.”

“Would it not be better to try to sell the stock than to risk bringing it to South Sea House?”

I shook my head. “We dare not hold on to these issues. The sooner you remove them from your hands and turn them into ready money, the safer you will be. I believe I may have endangered you, Miriam, and this household, for the entire world now knows that I seek the truth behind Samuel Lienzo’s death, and the world now knows that Samuel Lienzo was my father. Whoever forged the stock may know some of it is in the name of Miriam Lienzo. We must be rid of it at once.”

I allowed Miriam to hold two of the issues, and put the rest upon my person. We then went to the street and procured a hackney to take us to the Exchange.

“You are uncomfortable,” I said, as we approached Threadneedle Street.

Her hands trembled slightly. “I fear something terrible will happen in there,” she said. “That I am to lose everything. You have told me so little.”

“You have done nothing wrong, Miriam. You were cheated, and it happens that in this matter I believe some very wealthy men may be willing to pay for you to keep this cheat to yourself. I have my own interests to pursue in South Sea House, but I am committed to assisting you.”

She nodded, I think more resigned than comforted. And so we made our way into the building. I gently guided Miriam to the office I had previously visited and there I asked to speak to Mr. Cowper, but one of the clerks in the office told me that Cowper had not been in the office in some days. “It’s almost a week since I’ve seen him,” he muttered. “Strange. He used to come to work so regular.”

“Then I should like to speak to someone else on a matter of the most urgent business.”

“What business is that?” His haughtiness told me he liked not my voice. So much the better.

“That of forged South Sea Stock.” I handed the clerk one of Miriam’s issues.

I might have stabbed this clerk through the heart for the reaction my pronouncement generated. Clerks let go their pens in mid-sentence. A pile of ledgers fell to the floor. The man to whom I spoke pushed back his chair, producing a tortured squeal of leg against floor.

He rose and studied the paper. “Oh, this,” he said with a nervous laugh. “Of course. That error is one that, you know . . .” He cleared his throat. “I shall return in a moment,” he added abruptly and ran into the hall.

We stood there for some minutes, the South Sea men staring upon us, until this first clerk returned and told us to follow him.

The clerk began to walk at such an absurd pace that Miriam had a difficult time keeping up with him. The loose folds of her gown flapped about her like wings. He stopped several times, some fifteen paces ahead of us, to wave us on, as he led us down the hall and up two flights of stairs, where he ushered us into a private office—a room with a large table in the center and several windows overlooking the street. Advising us to cool our heels, he slammed the door as he departed.

Miriam stared at me. “What will happen?” she began in a tremulous voice.

“Do not be frightened,” I told her, though I was perhaps a bit frightened myself. “This matter, I believe, proceeds beautifully. We have their attention. We have the advantage. They may try to frighten us, Miriam, but you will need to be equal to their harsh words. And rest assured that I shall allow no harm to come to you.”

I fear my words did more to frighten than to comfort. Miriam turned pale, lowered herself slowly into a chair and quickly began to flutter her fan. I affected a calm pose, but faced the door, preparing myself for anything. It was hardly conceivable that the South Sea Company would attempt violence upon me in their own building, but I could no longer rule out any possibility.

“You must remember,” I began, hoping to offer her comfort, “that it is you who have this company at a disadvantage. They may wish to convince you otherwise, but never forget that they will do anything to obtain your silence.” Indeed, I feared that to be true.

We waited for well over an hour, and with each moment I could see Miriam grow more concerned. She spoke occasionally to suggest that they had certainly forgotten about us or that we might simply leave, but I would not hear of it. “I cannot believe that they could be so rude as to lock us in this room and then ignore us. Perhaps we should not bear this indignity. Let us go at once.”

I shook my head. “It is too late for that. We cannot put things as they were. It is better to have this confrontation now, while the advantage of surprise remains with us.”

My words were poorly chosen, for Miriam began to fidget with nervousness, picking at a loose thread upon the sleeve of her gown until I feared the entire garment should unravel.

At last the door swung open hard, and a fat, ruddy-faced man of late years burst through, waving Miriam’s issue above his head. He wore a dark and thick periwig that set off a grublike complexion. “Who has brought this here?” he demanded. He slammed the door behind him and then slapped the paper down hard upon the table.

Miriam winced as though struck. It was no doubt precisely what this villain intended.

“The issue belongs to this lady,” I said. “And who are you, sir?”

“Who I am is none of your concern, Weaver. What I am concerned with is this brazen attempt to compromise the South Sea Company and the integrity of the nation’s wealth. Did you believe,” he asked, looking directly into Miriam’s eyes, “that you could pass off this rubbish in South Sea House—that we would not know this for a forgery? We know you have more of these, you scurvy slut. Where are they?”

Miriam rose to her feet, and I thought she should slap him—and I cannot quite recollect why I prevented this worthy woman from administering a well-deserved punishment. But interfere I did.

“You rascal,” I exclaimed, abruptly stepping between the two. “How dare you speak to a lady in that manner? Were you more than a bloated pudding I would kick you in your arse right here. You cannot believe that this lady is the author of that forgery. Were your problems no more than a single canny widow, you would be fortunate indeed. I cannot think what you hope to accomplish by insulting a lady, to whom I think you owe far more courtesy, and I know you do not expect me to allow a lady under my protection to endure this treatment.”

“Don’t attempt to deceive me with your street-ruffian’s lies,” the man bellowed, almost directly in my face. “This woman is guilty of a forgery, and it is my intention to prosecute in a court of law.” This was a chilling threat. There could be no doubt that the Company could arrange for a conviction if it desired to see her hang.

Miriam turned to me. She was a strong woman, but I could see this threat had frightened her. Her eyes had grown moist and her fingers tremulous. “You said we were in no danger,” she began.

“Do not concern yourself,” I told her quietly. “He would not dare prosecute you.”

“I see that you are this trollop’s accomplice, Weaver. She had better concern herself, and so had you. Can you believe that a company, so nearly watched by the King, and among whose directors is the Prince of Wales himself, would let itself fall victim to an insult of this magnitude?”

“There is no question that the Company has fallen victim to the insult,” I replied, “regardless of who its patrons are. What is at issue is who has insulted whom. You know very well, sir, that Mrs. Lienzo has nothing to do with the forgery.”

“As for you, Weaver,” he snapped, “I dismiss the idea that you have had anything but the most villainous motives in this crime, and I shall not rest until I see you hanged!”

“I know not your name,” I said in response, “and I know not what title you pretend to, but I know what you

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