"That's very good of you, sir."

"Wait. I want you to see this matter in the proper light. You have an idea that what that letter represents could get you into trouble with the law. That's it, isn't it?"

Dean coloured.

"Now see here. I stand behind that letter. My reputation is worth about ten thousand times yours in hard cash. Would I be mad enough to risk my reputation unless I had looked at every move on the board?"

"I didn't think of that at the time."

"Exactly. Now you see the other side of the picture. If you want half an hour to make up your mind once and for all, take it. Consider carefully what you'd like to be in the future: clerk or business man. Two pound a week; or six, ten, twenty, fifty a week. That represents the difference between the clerk and the business man in cold cash."

"I've made up my mind, sir," answered Dean firmly.

"Good!" said Lars Larssen, and held out his hand to his young employee. "There's the right stuff in you!"

To have his hand shaken in friendship by the millionaire shipowner was as strong wine to Arthur Dean. He flushed with pleasure as he stammered out his thanks.

A couple of hours packed with feverish activity followed. Lars Larssen knew that Clifford Matheson had the habit of carrying a small typewriter with him on his journeys, in order to get through correspondence while on trains and steamers. Many busy men carry them. This habit of Matheson's was exceedingly useful for his present purpose. The letter that Arthur Dean was to post off at Cherbourg—one to the Paris office of Clifford Matheson and one of similar purport to the London office—would only need the signature in holograph. Larssen had several of Matheson's signatures on various letters that had passed between them, and these he cut off and gave to his employee to copy.