"I'm never positive, Sir Hilary, when it is a question of circumstantial evidence. But there can be no question that if he is not guilty himself he knows who is. I am so certain that I had a schedule of witnesses made out for the Treasury. Here they are."

He selected a sheet of paper and passed it to the other. Thornton read it and handed it back without comment.

"There are gaps in it, of course," went on Foyle. "As a matter of evidence, though, practically all we want is to identify the finger-prints. They of them

selves would determine the investigation. But we can't tell whether they are Grell's or not until we get hold of him. We've identified the linen found in the bag on the barge as having been bought for Grell, but there is no name or initials on the bag itself. I have not yet heard from Wrington. He may have something further to report. About Goldenburg. I got Pinkerton's to look into his career in America. They have discovered that five years ago he was in San Francisco for three months, and at that time he was apparently well supplied with money. Grell arrived there a month before he left, and they left the city within a day of each other."

"A coincidence."

"It may be or may not. Grell's movements were pretty well chronicled in the American Press at that time, and it is at any rate conceivable that Goldenburg went there with the express intention of meeting him. More than that, Grell was staying at the Waldorf Astoria in New York two years ago. Goldenburg went straight there from India—which he had made too hot to hold him—stayed at the same hotel, and left within three days for Cape Town. Why should he go to Cape Town via New York? I may be right or wrong in the opinion I have formed, but at any rate we have established a point of contact between the two men."

"There is something in that," agreed Sir Hilary, with a jerky nod of the head.

"More than that, on the New York visit Goldenburg was accompanied by a woman whose description in every particular corresponds with that of the Princess Petrovska—though she called herself the Hon.

Katherine Balton. There is material enough in that information, Sir Hilary, to draw a number of conclusions from. At any rate, they go to confirm my opinions at present. I know very well that there is sometimes smoke without fire, but my experience is that you can usually safely lay odds that there is a fire somewhere when you do see smoke."

The elliptic form of speech was sometimes adopted by Heldon Foyle in discussing affairs with one whose alertness of brain he could depend upon. Thornton twisted his grey moustache and his eye twinkled appreciatively.