While Sam was walking down Fleet Street on his way to Tilbury House, thrilled with the joy of existence and swishing the air jovially with his newly purchased wanghee, in Tilbury House itself the proprietor of the Mammoth Publishing Company was pacing the floor of his private office, his thumbs in the armholes of his waistcoat, his eyes staring bleakly before him.

Lord Tilbury was a short, stout, commanding-looking man, and practically everything he did had in it something of the Napoleonic quality. His demeanour now suggested Napoleon in captivity, striding the deck of the Bellerophon with vultures gnawing at his breast.

So striking was his attitude that his sister, Mrs. Frances Hammond, who had called to see him, as was her habit when business took her into the neighbourhood of Tilbury House, paused aghast in the doorway, while the obsequious boy in buttons who was ushering her in frankly lost his nerve and bolted.

“Good gracious, Georgie!” she cried. “What’s the matter?”

His Lordship came to a standstill and something faintly resembling relief appeared in his square-cut face. Ever since the days when he had been plain George Pyke, starting in business with a small capital and a large ambition, his sister Frances had always been a rock of support. It might be that her advice would help him to cope with the problem which was vexing him now.

“Sit down, Francie,” he said. “Thank goodness you’ve come. Just the person I want to talk to.”

“What’s wrong?”

“I’m telling you. You remember that when I was in America I met a man named Pynsent?”

“Yes.”

“This man Pynsent was the owner of an island off the coast of Maine.”