"'All those who know N.H.C. call H.A,'

"Although I did not know who N.H.C. was, I had the curiosity to look up H.A. on the telegraph map, and found it was the Cornish Marconi Station. Taking advantage of the absence of my officer, I sent a wireless message, 'I desire information, L.L.' That is not the Paris 'indicator,' but I knew that I should get the reply. I had hardly sent the message when another message came. It was from Monsieur Hyatt. I got the message distinctly—'Can you meet me in London on the 9th, Gallini's Restaurant?' To this I replied, 'No, impossible.' After this I had a long talk with the Cornishman, and then it was that he told me that his name was Hyatt. He told me that he was able to decode the N.H.C. messages, that he had a book, and that it was possible to make huge sums of money from the information contained in them. I thought that it was very indiscreet to speak so openly, and told him so.

"He asked me for my name, and I gave it, and thereafter I regularly received letters from him, and a correspondence began.

"Not being au fait in matters affecting the Bourse, I did not know of what value the information we secured from N.H.C. could be, but Hyatt said he had a friend who was interested in such matters, and that if I 'took off' all N.H.C. messages that I got, and repeated them to him, I should share in the proceeds. I was of great value to Hyatt, because I received messages that never reached him in this way. He was able to keep in touch with all the operations on which N.H.C. were engaged.

"By arrangement, we met in Paris—Hyatt, his friend of the London Bourse, Monsieur Moss, and myself, and Hyatt handed to me notes for 20,000 francs (£800); that was the first payment I received from him. He returned to England, and things continued in very much the same way as they had done, I receiving and forwarding N.H.C. messages. I never understood any of them, but Hyatt was clever, and he had discovered the code and worked it out.

"About a fortnight ago I received from him 3,000 francs in notes, a letter that spoke of a great coup contemplated by N.H.C. 'If this materialises,' he wrote, 'I hope to send you half a million francs by the end of next week.'

"The next morning I received this message——"

He fumbled in his pocket and produced a strip of paper, on which was hastily scrawled—

"From N.H.C. to L.L. Meet me in London on the sixth, Charing Cross Station."

"It was, as you see, in French, and as it came I scribbled it down. I would have ignored it, but that night I got a message from Hyatt saying that N.H.C. had discovered we shared their secret and had offered to pay us £5,000 each to preserve silence, and that as they would probably alter the code I should be a fool not to accept. So I got leave of absence and bought a suit of clothing, left Paris, and arrived in London the following night. A dark young man met me at the station, and invited me to come home with him.