"One has found that true of most mysteries, monsieur."

"I don't mind telling you all I feel at liberty to.... You seem to have a pretty good line on mademoiselle, and I've told you what I know about de Lorgnes. As for the skipper, he's the black sheep of a good old New England family. Ran away to sea as a boy, and was disowned, and grew up in a rough school. It would take all night to name half the jobs he's had a hand in, mostly of a shady nature, in every quarter of the seven seas: gun running, pearl poaching, what not--even a little slaving, I suspect, in his early days. He's a pompous old bluff in repose, but nobody's fool, and a bad actor when his mad is up. He tells me he fell in with the Delorme a long time ago, while acting as personal escort for a fugitive South American potentate who crossed the borders of his native land with the national treasury in one hand and his other in Monk's, and of course--they all do--made a bee line for Paris. That's how we came to make her acquaintance, my revered employer, Mister Monk, and I--through the skipper, I mean."

Phinuit paused to consider, and ended with a whimsical grimace.

"I'm talking too much; but it doesn't matter, seein's it's you. Strictly between ourselves, the said revered employer is an annointed fraud. Publicly he's the pillar of the respectable house of Monk. Privately, he's not above profiteering, foreclosing the mortgage on the old homestead, and swearing to an odoriferous income-tax return. And when he thinks he's far enough away from home--my land, how that little man do carry on!

"The War made him more money than he ever thought there was; so he bought this yacht ready-made and started on the grand tour, but never got any farther than Paris--naturally his first stop. News from home to the effect that somebody was threatening to do him out of a few nickels sent him hightailing back to put a stop to it. But before that happened, he wanted to see life with a large L; and Cousin Whitaker gave him a good start by introducing him to little ingénue Liane. And then she put the smuggling bee in his bonnet."

"Smuggling!"

Lanyard began to experience glimpses....

"Champagne. If ever all the truth comes out, I fancy it will transpire that Liane's getting a rake-off from some vintner. You see, Friend Employer was displaying a cultivated taste in vintage champagnes, but he'd been culpably negligent in not laying down a large stock for private consumption before the Great Drought set in. The Delorme found that out, then that his ancestral acres bordered on Long Island Sound, and finally that the Sybarite was loafing its head off. What could be more simple, she suggested, than that monsieur should ballast his private yacht with champagne on the homeward voyage, make his landfall some night in the dark of the moon, and put the stuff ashore on his own property before morning. Did he fall for it? Well, I just guess he did!"

"This is all most interesting, monsieur, but...." "Where do Monk and I come in? Oh, like master, like men. Liane was too wise to crab her act by proposing anything really wicked to the Owner, and wise enough to know nothing could shock the skipper. And I was wise enough not to let him get away with anything unless I sat in on the deal.

"Mademoiselle played all her cards face upwards with us. She and de Lorgnes, she said, were losing money by disposing of their loot this side, especially with European currency at its present stage of depreciation. And so long as the owner was doing a little dirty work, why shouldn't we get together and do something for ourselves on the side? If champagne could be so easily smuggled into the States, why not diamonds? We formed a joint-stock company on the spot."