Honest John took the telegram and opened it. He read it and gasped. He stood up and walked to the light, and read it again, then returned, his eyes shining, his face slightly flushed.

"You're clever, ain't you?" he asked. "You're wise—I don't think!
Look at this!"

He handed the telegram to the nearest of his companions, who was the tall, thin, and non-explosive partner, and he in turn passed it without a word to his more choleric companion.

"You don't mean to say he's going to buy it?"

"That's what it says, doesn't it?" said the triumphant Mr. Staines.

"It's a catch," said the explosive man suspiciously.

"Not on your life," replied the scornful Staines. "Where does the catch come in? We've done nothing he could catch us for?"

"Let's have a look at that telegram again," said the thin man, and, having read it in a dazed way, remarked: "He'll wait for you at the office until nine. Well, Jack, nip up and fix that deal. Take the transfers with you. Close it and take his cheque. Take anything he'll give you, and get a special clearance in the morning, and, anyway, the business is straight."

Honest John breathed heavily through his nose and staggered from the bar, and the suspicious glances of the barman were, for once, unjustified, for Mr. Staines was labouring under acute emotions.

He found Bones sitting at his desk, a very silent, taciturn Bones, who greeted him with a nod.