"I told you that we should have to meet craft with craft!" cried Newall, breaking the silence. "But so far Percival has beaten us. Plunger's an ass, but he was quite right for once when he said that we'd have to get up very early in the morning to score off Percival. What's our next move?"

As neither Moncrief major nor Parfitt responded, Newall went on:

"We saw Percival talking to a particular friend of yours, Moncrief." Stanley winced at the cold, cutting words. "That was a couple of hours ago. At that time the flag was not on the turret. We can all answer as to that, I think?"

Stanley and Parfitt nodded assent.

"What happens? In the interval Percival returns to Garside with the flag. Where did the flag come from? I think the answer's simple enough—it must have come into Percival's possession by the help of your particular friend, the Beetle who was so kind to you at the sand-pits, Moncrief."

Every word had its venom, and distilled its poison in the breast of Stanley.

"Well, well, what of it?" he demanded hoarsely.

"What of it?" repeated Newall, raising his eyebrows and regarding him with feigned astonishment. "It's all clear enough, I should think. The whole business is an artfully-concocted plot between Percival and Wyndham. The flag disappears. How it disappears is a mystery. No one knows—least of all Percival. But he makes use of some high-sounding words in the presence of a few of the fellows—flag gone, by Heaven's help he'll bring it back again! The fellows cheer him to the echo. A short time elapses, during which the mystery deepens; then Percival turns up with the flag. He has kept his word. More cheers. Oh, yes, it's all clear—clear as day! Don't you think so, Moncrief?"

"One moment," answered Stanley, passing his hand over his forehead. "I'm a bit dazed somehow. Let me understand. You believe that—that——"

"That the hand which brought back the flag is the same hand that took it away."