Sir John Bunnery began by offering his sympathy to an old friend in the misfortunes which had come upon him, adding that he hoped their drifting apart of late years would not make the sympathy less welcome. Then, having said the proper thing, he came to business. On the previous day, he explained, a somewhat curious request had come to him from Mr. Carter Woodman, who had asked for his help in securing a large loan, stating that there could be no doubt about the repayment of the money, as full security could be given that far more than the sum asked for would be available under the will of Sir Vernon Brooklyn. He, Carter Woodman, was one of the beneficiaries under the will, and he was also in a position to offer, in return for the loan, the joint guarantee of Mr. Walter Brooklyn, who had now, in tragic circumstances, become the principal beneficiary under the will. Woodman stated that he was Walter Brooklyn’s heir, and that he and Walter were prepared to make themselves jointly liable for the repayment of the sum asked for. Sir John said that he would, of course, be most pleased to assist Mr. Woodman, who was a personal friend; but although Woodman had approached him in confidence, and asked him not to mention the matter even to Sir Vernon, he had felt it necessary to write equally in confidence to Sir Vernon in order to ascertain whether Woodman and Walter Brooklyn were in fact the heirs. Sir Vernon would understand that he was asking for this information only in strict confidence, and he—Sir John—would quite accept the position if the answer was that Sir Vernon did not feel able to tell him how matters stood. In that case, however, he would feel compelled to decline to arrange the very large advance—£60,000—for which Woodman had asked. A hint would be enough to tell him how he ought to act. Sir John ended with a repetition of his condolences, and expressed the hope, that, when Sir Vernon was well enough, their old friendship might be renewed.

Joan read the letter right through with a feeling of bewilderment. What could it all mean? Were her stepfather and Carter Woodman really acting in collusion in an attempt to raise money in anticipation of Sir Vernon’s death? And, if they were, what light did their extraordinary proceeding throw on the murders?

The letter gave Joan a good deal to think about. The information which Woodman had given to Sir John Bunnery might, of course, be technically correct. She realised that, under the existing will, Walter Brooklyn was, now that the two persons who had stood in his way had been removed, the principal beneficiary. But he had become so entirely by an accident, which was certainly no part of the testator’s intention, and his chance of remaining so depended entirely on Sir Vernon’s not making a new will in some one else’s favour. Woodman, of course, might have a good reason for thinking that he would not do that, even if he were able; but Joan doubted this, and was more inclined to believe that he was relying on Sir Vernon’s speedy death without making a new will. Walter had, in any case, only become the heir after the murders. That was but a few days ago; and he and Woodman had, Joan reflected, certainly been quite extraordinarily prompt in trying to take advantage of the new position. Either they must be in some terrible financial difficulty, or they must fear the making of a new will, and hope to raise the money before this could come about.

What surprised Joan far more were the statements that Walter had made Carter Woodman his heir. She knew well that Walter had no love for Woodman; and she at once realised that he could only have taken such a step in return for a pecuniary consideration. There was obviously, in Woodman’s application to Sir John Bunnery, evidence of a very unpleasant bargain. The whole letter made Joan very angry indeed.

In any case the receipt of the letter could not but considerably strengthen Joan’s suspicions of Carter Woodman. “Of course,” she said to herself, “he hoped to raise this money without our hearing anything about it.” And she could not help feeling that it looked very much as if he had deliberately planned the whole thing in order to lay hands on the money.

But, apart from the effect of the letter upon Joan, what was likely to be its effect on Sir Vernon? She felt that she must show it to him; and she did not conceal from herself that she positively wanted him to see it. For she hardly concealed from herself now her desire, her hope for Ellery’s sake, that Sir Vernon would alter his will. The effect of Sir John Bunnery’s letter, she thought, would certainly be to make him very angry with both Walter Brooklyn and Carter Woodman; and she felt sure that, ill as he was, Sir Vernon, under the circumstances, would lose no time in making a new will. Woodman, indeed, had, she felt, effectively destroyed his chances of getting the money for the sake of which, if her suspicions were correct, he had probably done two men to death. Sir John Bunnery’s breach of confidence had hoisted the engineer with his own petard.

Taking this letter and one or two others from the heap which lay before her, Joan went up to Sir Vernon’s room. She read him the others first, and received his instructions, or rather his permission to deal with them as she thought best. Then, without any previous comment, she read him Sir John Bunnery’s letter, watching his face as she read.

The effect of the news upon him was exactly what she had expected. He was very angry, and while she was reading he interjected indignant comments. He was effectively roused; and, as soon as she had finished reading, he bade her write at once to Sir John Bunnery, not answering his question directly, but strongly advising him not to lend the money. “Write at once,” he said, “and I will sign it myself. The answer must be sent immediately.”

Joan needed no second invitation. She sat down at once, and having written the answer, read it through to Sir Vernon, who signed it. She then gave it to one of the servants, with instructions that it should be posted immediately. When she came back into the room, Sir Vernon was sitting up in bed. He had a pencil in his hand, and was trying to write on the fly-leaf of a book he had taken from the table beside his bed. As Joan came to him, he sank back, exhausted by the effort.

“Come here, my dear,” he said. “I shan’t rest now till I’ve made a new will, and I want you to write it for me. It can be put into proper legal form later, if there is time.”