"I am debarred by a promise made to myself," he said coldly, "from offering you any form of hospitality. If you wish to smoke, I shall not interfere."

Phipps shook his head.

"I have not smoked all the evening," he confessed, "I cannot. You are right when you say that we are not beaten, but I like to look ahead. I want to know your terms."

"You are anxious about your nephew?"

"Yes!"

"And why do you connect me with his disappearance?"

Phipps gave a little weary gesture.

"I am so sick of words," he said.

"We will argue the matter, then," conceded Wingate, "from your point of view. Supposing that your nephew has been abducted and is held at the present moment as a hostage. It would be, without doubt, by some person or persons who resented the brutality, the dishonesty, the foul commercial methods of the company with which he was connected. An amendment of those methods might produce his release."

"And that amendment?"