hopelessness.

'Tell me about this Medina. Is he a decent fellow?'

'I suppose so. Yes, I should think so. But he moves in higher circles than I'm accustomed to, so I can't judge. But I'll tell you what he is beyond doubt—he's rather a great man. Hang it, Dick, you must have heard of him. He's one of the finest shots living, and he's done some tall things in the exploration way, and he was the devil of a fellow as a partisan leader in South Russia. Also—though it may not interest you—he's an uncommon fine poet.'

'I suppose he's some sort of a Dago.'

'Not a bit of it. Old Spanish family settled here for three centuries. One of them rode with Rupert. Hold on! I rather believe I've heard that his people live in Ireland, or did live, till life there became impossible.'

'What age?'

'Youngish. Not more than thirty-five. Oh, and the handsomest thing in mankind since the Greeks.'

'I'm not a flapper,' I said impatiently. 'Good looks in a man are no sort of recommendation to me. I shall probably take a dislike to his face.'

'You won't. From what I know of him and you you'll fall under his charm at first sight. I never heard of a man that didn't. He has a curious musical voice and eyes that warm you—glow like sunlight. Not that I know him well, but I own I found him extraordinarily attractive. And you see from the papers what the world thinks of him.'

'All the same I'm not much nearer my goal. I've got to find out where he heard those three blessed facts and that idiotic tune. He'll probably send me to blazes, and, even if he's civil, he'll very likely be helpless.'

'Your chance is that he's a really clever man, not an old blunderer like me. You'll get the help of a first-class mind, and that means a lot. Shall I write you a line of introduction?'

He sat down at my desk and wrote. 'I'm saying nothing about your errand—simply that I'd like you to know each other—common interest in sport and travel—that sort of thing. You're going to be in London, so I had better give your address as your club.'

Next morning Greenslade went back to his duties and I caught the early train to town. I was not very happy about Mr. Dominick Medina, for I didn't seem able to get hold of him. Who's Who only gave his age, his residence—Hill Street, his club, and the fact that he was M.P. for a South London division. Mary had never met him, for he had appeared in London after she had stopped going about, but she remembered that her Wymondham aunts raved about him, and she had read somewhere an article on his poetry. As I sat in the express, I tried to reconstruct what kind of fellow he must be—a mixture of Byron and Sir Richard Burton and the young political highbrow. The picture wouldn't compose, for I saw only a figure like a waxwork, with a cooing voice and a shop-walker's suavity. Also his name kept confusing me, for I mixed him up with an old ruffian of a Portugee I once knew at Beira.

I was walking down St. James's Street on my way to Whitehall, pretty much occupied with my own thoughts, when I was brought up by a hand placed flat on my chest, and lo! and behold! it was Sandy Arbuthnot.

Chapter 4 I MAKE THE ACQUAINTANCE OF A POPULAR MAN

You may imagine how glad I was to see old Sandy again, for I had not set eyes on him since 1916. He had been an Intelligence Officer with Maude, and then something at Simla, and after the War had had an administrative job in Mesopotamia, or, as they call it nowadays, Iraq. He had written to me from all kinds of queer places, but he never appeared to be coming home, and, what with my marriage and my settling in the country, we seemed to be fixed in ruts that were not likely to intersect. I had seen his elder brother's death in the papers, so he was now Master of Clanroyden and heir to the family estates, but I didn't imagine that that would make a Scotch laird of him. I never saw a fellow less changed by five years of toil and travel. He was desperately slight and tanned—he had always been that, but the contours of his face were still soft like a girl's, and his brown eyes were merry as ever.

We stood and stared at each other.

'Dick, old man,' he cried, 'I'm home for good. Yes—honour bright. For months and months, if not years and years. I've got so much to say to you I don't know where to begin. But I can't wait now. I'm off to Scotland to see my father. He's my chief concern now, for he's getting very frail. But I'll be back in three days. Let's dine together on Tuesday.'

We were standing at the door of a club—his and mine—and a porter was stowing his baggage into a taxi. Before I could properly realise that it was Sandy, he was waving his hand from the taxi window and disappearing up the street.

The sight of him cheered me immensely and I went on along Pall Mall in a good temper. To have Sandy back in England and at call made me feel somehow more substantial, like a commander who knows his reserves are near. When I entered Macgillivray's room I was smiling, and the sight of me woke an answering smile on his anxious face. 'Good man!' he said. 'You look like business. You're to put yourself at my disposal while I give you your bearings.'

He got out his papers and expounded the whole affair. It was a very queer story, yet the more I looked into it the thinner my scepticism grew. I am not going to write it all down, for it is not yet time; it would give away certain methods which have not yet exhausted their usefulness; but before I had gone very far, I took off my hat to these same methods, for they showed amazing patience and ingenuity. It was an odd set of links that made up the chain. There was an importer of Barcelona nuts with a modest office near Tower Hill. There was a copper company, purporting to operate in Spain, whose shares were not quoted on the Stock Exchange, but which had a fine office in London Wall, where you could get the best luncheon in the City. There was a respectable accountant in Glasgow, and a French count, who was also some kind of Highland laird and a great supporter of the White Rose League. There was a country gentleman living in Shropshire, who had bought his place after the War and was a keen rider to hounds and a very popular figure in the county. There was a little office not far from Fleet Street, which professed to be the English agency of an American religious magazine; and there was a certain publicist, who was always appealing in the newspapers for help for the distressed populations of Central Europe. I remembered his appeals well, for I had myself twice sent him small subscriptions. The way Macgillivray had worked out the connection between these gentry filled me with awe.

Then he showed me specimens of their work. It was sheer unmitigated crime, a sort of selling a bear on a huge scale in a sinking world. The aim of the gang was money, and already they had made scandalous profits. Partly their business was mere conscienceless profiteering well inside the bounds of the law, such as gambling in falling exchanges and using every kind of brazen and subtle trick to make their gamble a certainty. Partly it was common fraud of the largest size. But there were darker sides—murder when the victim ran athwart their schemes, strikes engineered when a wrecked industry somewhere or other in the world showed symptoms of reviving, shoddy little outbursts in shoddy little countries which increased the tangle. These fellows were wreckers on the grand scale, merchants of pessimism, giving society another kick downhill whenever it had a chance of finding its balance, and then pocketing their profits.

Their motive, as I have said, was gain but that was not the motive of the people they worked through. Their cleverness lay in the fact that they used the fanatics, the moral imbeciles as Macgillivray called them, whose key was a wild hatred of something or other, or a reasoned belief in anarchy. Behind the smug exploiters lay the whole dreary wastes of half-baked craziness. Macgillivray gave me examples of how they used these tools, the fellows who had no thought of profit, and were ready to sacrifice everything, including their lives, for a mad ideal. It was a masterpiece of cold-blooded, devilish ingenuity. Hideous, and yet comic too; for the spectacle of these feverish cranks toiling to create a new heaven and a new earth and thinking themselves the leaders of mankind, when they were dancing like puppets at the will of a few scoundrels engaged in the most ancient of pursuits, was an irony to make the gods laugh.

I asked who was their leader.

Macgillivray said he wasn't certain. No one of the gang seemed to have more authority than the others, and their activities were beautifully specialised. But he agreed that there was probably one master mind, and said grimly that he would know more about that when they were rounded up. 'The dock will settle that question.'

'How much do they suspect?' I asked.

'Not much. A little, or they would not have taken hostages. But not much, for we have been very careful to make no sign. Only, since we became cognisant of the affair, we have managed very quietly to put a spoke in the

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