"Ja!"

The Teuton leapt in the furious emphasis hurled.

"Oh, ja! I hate. I tell you of it."

The man with the insane eyes picked up a pen. He turned it about in his fingers. Then, suddenly, but slowly, the fingers began to break it. The wood split under their pressure, and the pieces littered the table. He gazed at them for a moment. Then one hand clenched and came down with a crash on the blotting pad. Then he sat back in his chair again, with his cruel eyes gazing straight out at the window opposite.

"It is years now. Oh, yes." A deep breath escaped from between the man's coarse lips. "I ruled the markets. I ruled them so that they obeyed me. I was the money power of this continent. I did as I chose. So I thought. Then he came. This man. He did not disturb me. Oh, no. I slept good all the time. Then I woke. I woke to find I was beaten of ten million dollars; and that Wall Street, the markets of the world, were laughing that this schoolmaster, this fool Scotsman from over the water, had picked my pocket while I slept. It was not the money. It was the laugh. And he got away. Oh, yes. I tell it now. The market knew of it then. They laughed. How they laughed. So I sat and thought. I had all. There was nothing more to have. And then I learned to hate."

The narrowed eyes came back to the face of the man beside the desk. There was a sharp intake of breath.

"This mill, this Sachigo, was built out of my money. And the man who built it was the man who robbed me while I slept."

A world of fierce bitterness lay in the final words, and the man listening realised the enormity of the offence, as this man saw it. But he was left puzzled.

"But you would have—bought this Sachigo?" he said, said.

Hellbeam's eyes were again turned to the window.