Ezariah Trelawney, Burton Hananish, and Ramsey Michael were involved in a scheme to pirate four hundred thousand pounds' worth of gold from the west coast banks. There was another hundred thousand to be picked up from the Inter-Ocean insurance as well.'

'But where is the gold, Mr. Holmes?'

'In the Bank of England.'

'Wait, now! I did know Trelawney and Hananish, and the latter's deposit in the Bank of England is old news. But it was made prior to the B & N shipment.'

'Your shipment was of crates of baser metal with little value indeed.'

Now Chasseur's shrewdness became evident, for he grasped the situation immediately. 'Amazing. This Michael you mentioned. He was murdered, for I read it in the papers. Trelawney was killed as well, a while back. Was there a disagreement between the conspirators?'

Chasseur thought on this for a moment, then pounded the table in front of him. 'Divine intervention, that's all you can call it with Hananish dead as well.'

'How did you know that?' asked Sherlock Holmes.

'Why, the news came to me at midmorning, I believe . . .'

'A cable, Mr. Chasseur,' said the shallow-faced secretary.

'Exactly. If the three conspirators have met their end, you can understand my immediate thought regarding a higher power. But come, yours is the practical approach, and there must be a rational explanation. Trelawney was involved in the gold shipment, as was Hananish. What alerted you to this Michael fellow?'

'Something relative to his murder,' replied Holmes.

'And you were able to tie the three together? The tales of your amazing professional powers are not overstated, sir. How did you do it?'

'They served in the same regiment in the Crimea. Also, their names were a clue. Relative to the Bible, you see.'

'The Bible?' Chasseur appeared befuddled.

'You may recall that Nebuchadnezzar had brought to his court in Babylon certain of the children of Israel.'

'Wait, Mr. Holmes, for I know my Bible well. You speak of Shadrach, Meshach, and Abednego. Good heavens, I see it! In Judah they were Hananiah, Mishael, and Azariah. That's what tied them together in your mind? Brilliant.'

Holmes gestured in a modest manner, a cloak ill-fitting to his shoulders. 'It was a coincidence that would be hard to overlook. Like three ladies on a committee named Faith, Hope, and Charity. They would become known to each other, I'm sure.'

Chasseur was regarding my friend, reluctantly I thought, with some awe. 'With this thin thread you tied them into the plot to swindle the Inter-Ocean,' he said.

'Not exactly. Recall that there was someone else associated with the three wise men.'

The tycoon preened himself. 'I do, sir. Let me quote to you: 'And these three men, Shadrach, Meshach, and Abednego, fell down bound into the midst of the burning fiery furnace.''

''Then Nebuchadnezzar the king was astonished, and rose up in haste, and spake, and said unto his counselors, Did not we cast three men bound into the midst of the fire? They answered and said unto the king, True, O king.''

''He answered and said, Lo, I see four men loose, walking in the midst of the fire, and they have no hurt; and the form of the fourth is like the Son of God.''

Chasseur was regarding Holmes rather tauntingly. 'Surely, sir, you are not suggesting that the Son of God was in cahoots with three modern-day bandits?'

'A scholarly rendition from the book of Daniel, Mr. Alvidon Daniel Chasseur. My compliments.'

I slid my hand into my coat pocket, gripping the Smith-Webley, for now it was obvious. The implication was not missed by the rail magnate; and I thought he paled slightly, though he retained his hauteur. Holmes did not wait for a response.

'It was Daniel, renamed Belteshazzar, who came to Babylon with the others; and it is the fourth man I'm after. He has to exist, else nothing makes sense. Ezariah Trelawney was a miserly soul who never left his native village of Shaw. Hananish was a cripple, entrenched in Fenley. Michael was very much of the London scene. Unless they transacted their considerable business by post, there had to be a connective link. Also, the well-planned robbery depended on a knowledge of the time and route of the treasure train, plus the plan to guard it evolved by Ledger.'

'Trelawney was a stockholder in Birmingham and Northern. So was Hananish,' sputtered Chasseur; but his argument sounded weak, even to him.

'Probably Michael as well,' replied Holmes. 'Which brings us to the nub of the matter. There are too many stockholders of the B & N. You were originally financed by a cadre of speculators in Scotland. The Scotch are of the opinion that they hold seventy-five percent of your rail empire. But how about the financial group in Cornwall? You attended a stockholders' meeting there recently; and I learned they hold around eighty percent of the outstanding stock of the B & N, or think they do. Your three partners have large blocks of the company as well.'

Chasseur's face was becoming a fiery red. 'Mr. Holmes, for a presumably clever man you are indicating a naivete about financial matters. Books are inspected. What kind of sleight of hand do you fancy I indulged in?'

'Your words are apt,' responded the sleuth. 'The B & N was constantly expanding, engulfing other rail concerns. As long as you were altering your corporate structure, a clear picture could not be obtained, for you obfuscated matters with preferred issues, convertibles, deferred bonds, and all the prestidigitation of which you are an obvious master. It had a disadvantage in that the moment you ceased to expand, someone would be able to figure out that your original stock issue did not incorporate one hundred percent of the company, but two or three times that amount. That is why, right now, you are involved in the acquisition of the London, Tilbury and Southend Railroad.'

'How did you learn of that?' spat Chasseur, with a venomous look at his secretary and then the speechless member of the board sitting beside him. Both, for some time now, had looked like they wished they were somewhere else. Somewhere far away.

'Ledger mentioned the L, T & S,' said Holmes, 'and I checked them out. The offer you made that concern was tempting indeed, but involved a relatively modest initial outlay, with the bulk to come in time payments. That's what you were buying—time. The London, Tilbury and Southend, as a matter of procedure, had one of their officers run a check on your assets. A pleasant man, I had quite a talk with him. He was much impressed by the four hundred thousand pounds in gold in the Bank of London, deposited to the account of Burton Hananish but with a deed of transfer to the B & N Railroad. Then there was more than that in promissory notes from the Credit Lyonnais. He gave an A-1 report to his superiors because, just at the time of his survey, you had all that collateral available, courtesy of your partners, Hananish and Trelawney. With the L, T & S in your grasp, you are ready to do business with the Deutsche Bank.'

The first vestige of panic was forcing its way past Chasseur's guard and into his eyes. 'German banks are attempting to secure a foothold in British industry and transportation ranks high in their plans. The Deutsche Bank has agreed.'

Since Chasseur just regarded him dumbly, Holmes extracted the cable he had received prior to our departure from Baker Street. 'You may not even know as yet, so let me inform you of the news obtained by an operative of mine in Berlin at this moment.' He read the cable.

''Cincinnati committed projection ten biggest credit mark BN.' Signed, Wally.'

Chasseur had recovered some of his composure; but there was a grim look about him, as though all exits were being blocked.

'You can't siphon any sense from that gibberish,' he said with a sneer.

'I can because it is the simple odd word code, which my associate knew I would recognize. The odd words in the message relate to the true words intended. The even words are legitimate. My correspondent is American, by the way, which aided my decoding. The first word, Cincinnati, is bogus, but in America that metropolis has a considerable German population, so I substituted

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