"Do you really mean to say that you believe it?" asked Bertram when he had finished.

"I certainly do," Max answered, "and you can see for yourself how much of it has come true. Paul has Michael's cross upon his brow, and he will sit upon the throne as soon as the Republic shall come to an end. I am as confident of that as I am of anything. And now let us discuss the pros and cons of this South Seas business. I am all eagerness to embark upon it."

They did as he suggested, and for over an hour were busily engaged working out the details of the scheme. Eventually it was arranged that they should start for Rio next morning, and find some one there to draw up the deed of which Max had just spoken, and who could be trusted to keep his secret, and when it had been despatched to the proper quarter, make for the capital of the Argentine, and thence across the Andes into Chili, embarking as soon as a vessel could be found for the islands. That night Max dreamed of tropical islands lifting their palm-clad heads out of azure seas, of fast-sailing schooners, and a life that was all sunshine and excitement. When he woke he was even more keen on the notion than he had been on the previous day. They caught an early train for Rio, and towards the middle of the afternoon found themselves once more in the capital of the Republic. Now what Max had to do was to get his money out of the bank and to transact his legal business without Brockford or De Montezma becoming aware of it.

"I will give you my cheque," he said to Bertram, when they had taken up their abode at a small hotel at the opposite end of the town to that at which his friends had their offices. "You can cash it while I remain in the background."

Bertram agreed, and set off upon his errand. On entering the bank he placed the cheque upon the counter. The cashier picked it up and examined the signature with a look of surprise upon his face. The manager happened to be passing at the moment, and when the draft was shown to him he glanced sharply at Bertram.

"Pardon me," he began, "but might I request the favour of a few moments' conversation with you while the cashier is counting the money?"

"I shall be very pleased," said Bertram, and when the manager had given an instruction in an undertone to one of his clerks, he followed him into his private room. The door having been closed, and when the other had pushed forward a chair, Bertram inquired what he could do for him.

"I notice that you have presented a draft signed by Mr. Mortimer, who, a few months since, was employed in the firm of Montezma & Co., of this city. I also notice that the cheque is dated to-day, a circumstance which would seem to point to the fact that Mr. Mortimer is in Rio at the present moment."

"That is quite possible," Bertram returned stiffly. "He may be or he may not. I don't see how it concerns anyone but himself. I am not aware that he has done anything to necessitate his keeping out of the way!"

"I am afraid we are playing at cross purposes," said Doubleday. "Pray do not imagine that I am in any way antagonistic to his Royal——"