“No?” demanded Maxwell ironically.

“There are additional storage vaults in the basement,” Penny resumed. “A man is down there guarding what appears to be a tunnel. Tell me, is this hotel close to the old silver mine?”

“About a quarter of a mile from the entrance,” replied the sheriff. “Some of the tunnels might come right up to the hotel grounds.”

“I understand the hotel bought out the mine, and I believe they may be making use of the old tunnels. At least, the place will bear an investigation. Oh, yes, this paper came off one of the teletype machines.”

Penny took the torn sheet from her pocket and gave it to the sheriff.

“I can’t read it,” he said, frowning.

“Code,” explained Penny. “If I had a typewriter I could figure it out. Suppose we go to Room 27 now. I’m positive you’ll learn that my story is not as fantastic as it seems.”

Leaving Peter Jasko and two deputies to guard Fergus and Maxwell and to see that no one left the Green Room, Penny led the sheriff and four other armed men down the hall. In her excitement she failed to observe Francine Sellberg standing by the elevator, watching intently.

“Here are the teletype machines,” Penny indicated, pausing beside them. “Now let me have that message. I think I can read it.”

Studying the keyboard of the teletype for a moment, she wrote out her translation beneath the jumbled line of printing. It read: