"What do you here, Neudheim?" Falkenberg demanded. "What has happened?"

"Excellency," the young man replied, "there is trouble. Within half an hour of your leaving, I had important news. I dared not telegraph. I have followed you. I took a special train from the frontier."

"Go on," Falkenberg said calmly. "It is something serious?"

"Indeed, yes, Your Excellency!" the Baron continued. "It is concerning the Agdar matter."

Falkenberg's face lit up.

"An ultimatum!" he exclaimed. "So much the better!"

Baron von Neudheim shook his head.

"For once, I am afraid," he said, "we have been trapped. His Excellency himself sent for me. The reply from Downing Street has been received."

"Well?" Falkenberg interrupted impatiently.

"Your Excellency, the reply to our note is exceedingly courteous. It states that the unrest referred to had already been reported to the British Government, and a warship which left Portsmouth under sealed orders some months ago was instructed to proceed to the port last week. The note goes on to state that no intimation was given to Germany, as the British Government was not aware that Germany had any interests, but it further contains an assurance that the welfare of all white men will receive equal attention." Falkenberg set his teeth.