Admiral Heyworth, a little bald-headed man with beetling brows and a humorous mouth, took the hand held out to him.

"Pleased to meet you," said John Dene, then without a pause he continued: "I want your promise that this is all between us three, that you won't go and breeze it about." He looked from Sir Lyster to Admiral Heyworth. Sir Lyster bowed, Admiral Heyworth said, "Certainly."

"Now," said John Dene, turning to the Admiral, "what's the greatest difficulty you're up against in submarine warfare?"

"Well," began Admiral Heyworth, "there are several. For instance——"

"There's only one that matters," broke in John Dene; "your boats are blind when submerged beyond the depth of their periscopes. That so?"

The Admiral nodded.

"Well," continued John Dene, "I want you to understand I'm not asking a red cent from anybody, and I won't accept one. What I'm going to tell you about has already cost me well over a million dollars, and if you look at me you'll see I'm not the man to put a million dollars into patent fly-catchers, or boots guaranteed to button themselves."

Sir Lyster and the Admiral exchanged puzzled glances, but said nothing.

"Suppose the Germans were able to sink a ship without even showing their periscopes?" John Dene looked directly at the Admiral.

"It would place us in a very precarious position," was the grave reply.