In that event "Karl" had lied deliberately to his superior. Why? Because the document was salable, and "Karl" intended to realize its value for his personal benefit?

Not an unlikely explanation. Nor could this be called the first instance in which the Prussian spy system, admirably organized though it was, had been betrayed by one of its own agents.

This hypothesis, too, accounted for that most perplexing circumstance of all, the murder of Baron von Harden. For Lanyard was fully persuaded that had been nothing less than premeditated murder, in no way an accident of faulty aim. Even the most nervous and unstrung man could hardly have missed six shots out of seven, point blank. A nervous man, indeed, could hardly have gained his own consent to take so hideous a chance of injuring or killing a collaborator.

It appeared, then, that one of four things had happened to the cylinder of paper:

Miss Brooke had taken it back into her own care. In which case Lanyard was no more concerned.

Captain Osborne had secured it through Mr. Warde. This, however, Lanyard did not seriously credit.

It had gone to the bottom when the Assyrian sank with the body—among others—of Baron von Harden.

Or "Karl" had stolen it.

Privately, indeed, Lanyard rather inclined to hope that the last might prove to be the true solution. He desired earnestly to meet "Karl" once more, on equal terms. And the more counts in the score, the greater his satisfaction in exacting a reckoning in full.

But he anticipated. That chapter might only too possibly have been closed forever by the hand of Death. As yet he knew nothing concerning the mortality of the Assyrian débâcle. He had not enquired of the officers of the U-boat because they knew little if anything more than he. Their glasses had discovered to them trouble with the lifeboats; they had spoken of one boat capsizing, of "people going overboard like cattle." There must have been many drownings, even with a United States destroyer near by and speeding to the rescue.