"Age and experience count for something, Youngster," said the Managing Editor, smiling. "Don't start off by thinking that you ought to know as much as trained men."

Stuart flushed at the rebuke, for he saw that it was just.

"Now," continued the Editor, pursuing his train of thought, "we have to consider the personalities of the conspirators. You'll find, Stuart, if you go into newspaper work, that one of the first things to do in any big story, is to estimate, as closely as you can, the character of the men or women who are acting in it. Newspaper work doesn't deal with cold facts, like science, but with humanity, and humans act in queer ways, sometimes. A good reporter has got to be a bit of a detective and a good deal of a psychologist. He's got to have an idea how the cat is going to jump, in order to catch him on the jump.

"Now, so far, we know that the conspirators are at least three in number. There may be more, but we know of three. One is a Haitian negro politician. One is a Cuban, who, from your description, seems to be a large-scale crook. One is an Englishman, and, in your judgment, he is of a different type from the other two. Yet the fact that he seems to possess an agent on the eastern shore of Cuba—which, don't forget, faces the Mole St. Nicholas—seems to suggest that he's deep in the plot."

He puffed his pipe for a moment or two, and then continued,

"Now, there are two powerful forces working underground in the West Indies. One is the Spanish and negro combination, which desires to shake off all the British, French and Dutch possessions, and to create a Creole Empire of the Islands. The other is an English plan, to weld all the British islands in the West Indies into a single Confederation and to buy as many of the smaller isles from France and Holland as may seem possible. Both are hostile to the extension of American power in the Gulf of Mexico. Possibly, some European power is back of this plot. A foreign naval base in the Mole St. Nicholas would be a menace to us, and one on which Washington would not look very kindly.

"So you see, Youngster, if such a thing as this were possible, it would be a big story, and one that ought to be followed up very closely."

"That's what Dinville seemed to think, sir," interposed the boy, "and I told him I didn't have the money."

"Nor have you the experience," added the Editor, dryly. "Money isn't any good, if you don't know how to use it."

He pondered for a moment.