M. Perissard, the elder of the two, had in conversation a mixture of pomposity and unction that was truly edifying.

He was about medium height with a rotund figure, bald head, bushy side-whiskers and little porcine eyes in a fat face. If you were not a close observer of men you would have taken him for a prosperous banker.

His companion, M. Merivel, was the larger and younger man. He affected an even more subdued and painfully respectable garb. He had oily black hair and heavy jowls. He was gifted with a deep heavy voice, though not so glib a tongue, but it was most impressive to hear him back up his co-worker's statements with rumbling affirmatives.

The commodities in which they dealt are not hard to come by—especially in Continental Europe. There is scarcely a wealthy family that has not some secret that it would rather the world did not know. For men with the shrewdness and insight of Messrs. Perissard and Merivel a whisper, a breath, was enough. A patient and careful system of espionage and research and a little judicious bribing of servants and, lo! The thing was done!

Lately their business had been remarkably successful and was spreading rapidly—so rapidly that they had found it necessary to take in another man to look after their interests in Lyons, where they had two or three "most promising affairs," as M. Merivel would have put it. And now they felt the need of a shrewd man in Bordeaux—shrewd and courageous, for they had laid out a "mission" there that was so dangerous that neither cared to handle it in person, and yet so lucrative that it could not be abandoned.

The man in Lyons had proved that he was just the genius needed there and the partners feared that they should "never look upon his like again." For weeks they had gone over the field of reckless and unscrupulous blackguards whom they knew—and knew to be at that time out of prison—but they could not fix upon one who, they were sure, had the ability and the loyalty combined.

It was in this dilemma that M. Perissard began opening the morning's mail, sighing heavily, while his associate busied himself with a collection of society papers from various capitals in the hope of unearthing a profitable hint of threatened scandal.

The first letter was from the editor of a black-mailing weekly who received commissions on all of his "tips" that developed into financial gain for the firm of "Perissard and Merivel, Confidential Missions." It contained the information that a certain Marquise had gone into a secluded part of Switzerland "for her health" and was very anxious to maintain the utmost secrecy, as it was well known that her husband had been in the Far East for more than a year.

M. Perissard put the letter carefully to one side of his desk and picked up the next, which bore a queer-looking South American stamp. He opened it and glanced over the two sheets of notepaper that it contained, and as he read his face expressed a grateful and uplifting joy.

"My dear Merivel!" he exclaimed. "Our problem is solved! The—veree—thing!"