“There is but one thing to be done,” observed the astute detective after he had heard Sir Walter’s statement of the case. “It is an old saying that one should fight fire with fire. We must meet modern business methods with modern commercial ideas. Charter his vessel at his own price.”

“But we’d never be able to pay,” said Hamlet.

“Ha-ha!” laughed Holmes. “It is evident that you know nothing of the laws of trade nowadays. Don’t pay!”

“But how can we?” asked Raleigh.

“The method is simple. You haven’t anything to pay with,” returned Holmes. “Let him sue. Suppose he gets a verdict. You haven’t anything he can attach—if you have, make it over to your wives or your fiancées.”

“Is that honest?” asked Hamlet, shaking his head doubtfully.

“It’s business,” said Holmes.

“But suppose he wants an advance payment?” queried Hamlet.

“Give him a check drawn to his own order. He’ll have to endorse it when he deposits it, and that will make him responsible,” laughed Holmes.

“What a simple thing when you understand it!” commented Raleigh.