"Who?" enquired Colonel Walton.

"The Hun," replied Sage, as he sucked away contentedly at his pipe. "He's never content to go for a single issue, or he'd probably have got the Channel ports. He's not content with concentrating on John Dene and his boat, he's after the plans. That's where he'll fail. Smart chap, John Dene."

For some moments the two men smoked in silence, which was finally broken by Sage.

"They'll try to get hold of John Dene, unless he's very careful, and hold him to ransom, the price being the plans."

"Incidentally, Sage, where did you get all this from?" enquired Walton.

Sage gazed at his chief through his gold-rimmed spectacles. "About three hundred yards west of the Temple Station on the Underground."

Colonel Walton glanced across at his subordinate; but refrained from asking further questions. "Have you warned Dene?" he enquired instead.

"No use," replied Sage with conviction. "Might as well warn a fly."

Colonel Walton nodded understandingly. "Still," he remarked, "I think he ought to be told."

"Why not have a try yourself?" Sage looked up swiftly from the inevitable contemplation of his finger-nails.