"I am to open it?" he asked.

Pachmann nodded.

"It contains my credentials," he said.

A careful inspection of the seal would have disclosed the fact that the envelope had already been opened once—perhaps more than once—but Vard made no such inspection. Instead, he broke the seal with nervous fingers, and drew out the stiff sheet blazing with the Royal insignia. This is the English of what he read:

"Herewith do I grant to the bearer of this paper, Admiral H. Pachmann, power extraordinary as my representative, to enter into agreements, to make treaties, and to sign the same; and I do further declare that I shall consider myself bound by such agreements and signatures as though I myself had made them; and, finally, I command all members of my family, all officers of my army and navy, all members of my diplomatic corps, and all good Germans generally, to yield to him the same obedience they would yield to me; all this for the good of my Empire.

"Signed,

"William, R. I.

"Wilhelmshöhe, September 21, 1911."

Vard re-read this extraordinary paper, then replaced it in its envelope and silently returned it to its owner. Again that ironical smile flashed across Pachmann's lips, as he restored it to his pocket-book.

"You find it ample, do you not?" he asked.