"I guess that was Hargus you saw out there," answered the broker. "He's not dead. Old fellow in a stove-pipe and greasy frock coat? Yes, that's Hargus."

"What!" exclaimed Jadwin. "That Hargus?"

"Of course it was. He comes 'round every day. The clerks give him a dollar every now and then."

"And he's not dead? And that was Hargus, that wretched, broken—whew! I don't want to think of it, Sam!" And Jadwin, taken all aback, sat for a moment speechless.

"Yes, sir," muttered the broker grimly, "that was Hargus."

There was a long silence. Then at last Gretry exclaimed briskly:

"Well, here's what I want to see you about."

He lowered his voice: "You know I've got a correspondent or two at Paris—all the brokers have—and we make no secret as to who they are. But I've had an extra man at work over there for the last six months, very much on the quiet. I don't mind telling you this much—that he's not the least important member of the United States Legation. Well, now and then he is supposed to send me what the reporters call "exclusive news"—that's what I feed him for, and I could run a private steam yacht on what it costs me. But news I get from him is a day or so in advance of everybody else. He hasn't sent me anything very important till this morning. This here just came in."

He picked up a despatch from his desk and read:

"'Utica—headquarters—modification—organic—concomitant—within one month,' which means," he added, "this. I've just deciphered it," and he handed Jadwin a slip of paper on which was written: