"I have the honour to inform you that I have a tip on the location of the treasure Sir Henry Morgan buried in old pirate days.
"Alvarez Torres."
Regan shook his head, and the clerk was nearly out of the room when his employer suddenly recalled him.
"Show him in at once."
In the interval of being alone, Regan chuckled to himself as he rolled the new idea over in his mind. "The unlicked cub!" he muttered through the smoke of the cigar he was lighting. "Thinks he can play the lion part old E.H.M. played. A trimming is what he needs, and old Grayhead Thomas B. will see that he gets it."
Senor Alvarez Torres' English was as correct as his modish spring suit, and though the bleached yellow of his skin advertised his Latin-American origin, and though his black eyes were eloquent of the mixed lustres of Spanish and Indian long compounded, nevertheless he was as thoroughly New Yorkish as Thomas Regan could have wished.
"By great effort, and years of research, I have finally won to the clue to the buccaneer gold of Sir Henry Morgan," he preambled. "Of course it's on the Mosquito Coast. I'll tell you now that it's not a thousand miles from the Chiriqui Lagoon, and that Bocas del Toro, within reason, may be described as the nearest town. I was born there educated in Paris, however and I know the neighbourhood like a book. A small schooner the outlay is cheap, most very cheap but the returns, the reward the treasure!"
Senor Torres paused in eloquent inability to describe more definitely, and Thomas Regan, hard man used to dealing with hard— men, proceeded to bore into him and his data like a cross-examining criminal lawyer.
"Yes," Senor Torres quickly admitted, "I am somewhat embarrassed how shall I say? for immediate funds."
"You need the money," the stock operator assured him brutally, and he bowed pained acquiescence.