"And lost again, and borrowed again, this time on the security of his house; and the long and short of it is that he and every stick, brick and branch he is supposed to possess have been in Dan Levy's hands for months and years."
"On a sort of mortgage?"
"On a perfectly nice and normal mortgage so far as interest went, only with a power to call in the money after six months. But old Garland is being bled to the heart for iniquitous interest on the first ten thousand, and of course he can't meet the call for another fifteen when it comes; but he thinks it's all right because Levy doesn't press for the dibs. Of course it's all wrong from that moment. Levy has the right to take possession whenever he jolly well likes; but it doesn't suit him to have the place empty on his hands, it might depreciate a rising property, and so poor old Garland is deliberately lulled into a false sense of security. And there's no saying how long that state of things might have lasted if we hadn't taken a rise out of old Shylock this morning."
"Then it's our fault, A.J.?"
"It's mine," said Raffles remorsefully. "The idea, I believe, was altogether mine, Bunny; that's why I'd give my bowing hand to take the old ruffian at his word, and save the governor as we did the boy!"
"But how do you account for his getting them both into his toils?" I asked. "What was the point of lending heavily to the son when the father already owed more than he could pay?"
"There are so many points," said Raffles. "They love you to owe more than you can pay; it's not their principal that they care about nearly so much as your interest; what they hate is to lose you when once they've got you. In this case Levy would see how frightfully keen poor old Garland was about his boy—to do him properly and, above all, not to let him see what an effort it's become. Levy would find out something about the boy; that he's getting hard up himself, that he's bound to discover the old man's secret, and capable of making trouble and spoiling things when he does. 'Better give him the same sort of secret of his own to keep,' says Levy, 'then they'll both hold their tongues, and I'll have one of 'em under each thumb till all's blue.' So he goes for Teddy till he gets him, and finances father and son in watertight compartments until this libel case comes along and does make things look a bit blue for once. Not blue enough, mind you, to compel the sale of a big rising property at a sacrifice; but the sort of thing to make a man squeeze his small creditors all round, while still nursing his top class. So you see how it all fits in. They say the old blackguard is briefing Mr. Attorney himself; that along with all the rest to scale, will run him into thousands even if he wins his case."
"May he lose it!" said I, drinking devoutly, while Raffles lit the inevitable Egyptian. I gathered that this plausible exposition of Mr. Levy's tactics had some foundation in the disclosures of his hapless friends; but his ready grasp of an alien subject was highly characteristic of Raffles. I said I supposed Miss Belsize had not remained to hear the whole humiliating story, but Raffles replied briefly that she had. By putting the words into his mouth, I now learnt that she had taken the whole trouble as finely as I should somehow have expected from those fearless eyes of hers; that Teddy had offered to release her on the spot, and that Camilla Belsize had refused to be released; but when I applauded her spirit, Raffles was ostentatiously irresponsive. Nothing, indeed, could have been more marked than the contrast between his reluctance to discuss Miss Belsize and the captious gusto with which she had discussed him. But in each case the inference was that there was no love lost between the pair; and in each case I could not help wondering why.
There was, however, another subject upon which Raffles exercised a much more vexatious reserve. Had I been more sympathetically interested in Teddy Garland, no doubt I should have sought an earlier explanation of his sensational disappearance, instead of leaving it to the last. My interest in the escapade, however, was considerably quickened by the prompt refusal of Raffles to tell me a word about it.
"No, Bunny," said he, "I'm not going to give the boy away. His father knows, and I know—and that's enough."