"It is a lie!" Major Kosuth exclaimed.
"My dear Baron, you are woefully misinformed," the Count declared.
Peter shook his head slowly.
"No," he said, "I am not misinformed. My friend here has parted with the money on the security of two battleships and a cruiser, now building in Shepherd and Hargreaves' yard at Belfast. The two battleships and cruiser in question belong to me. I have paid two hundred thousand pounds on account of them, and hold the shipbuilders' receipt."
"You are mad!" Bernadine cried, contemptuously.
Peter shook his head, and continued.
"The battleships were laid down for the Turkish Government, and the money with which to start them was supplied by the Secret Service of Germany. The second instalment was due ten months ago, and has not been paid. The time of grace provided for has expired. The shipbuilders, in accordance with their charter, were consequently at liberty to dispose of the vessels as they thought fit. On the statement of the whole of the facts to the head of the firm, he has parted with these ships to me. I need not say that I have a purchaser within a mile from here. It is a fancy of mine, Count von Hern, that those ships will sail better under the British flag."
There was a moment's tense silence. The face of the Turk was black with anger. Bernadine was trembling with rage.
"This is a tissue of lies!" he exclaimed.
Peter shrugged his shoulders.