“I was about to say, my lord, that I had chartered the Rajah from a firm of shipping people in Southampton, intending to use her in the development of the mineral property in West Africa. That property having passed from the hands of myself and my associates into yours, my lord, I determined to employ the Rajah in the South American cattle trade, as we own an extensive tract of territory in the Argentine, the interests of which we are endeavoring to forward with the ultimate object of floating a company.”

Again the prospective company promoter moistened his lips when they had safely delivered this interesting piece of fiction.

“So the Rajah has gone to the Argentine Republic, has she?” said Stranleigh.

“Yes, my lord.”

“Filled with dynamite and mining machinery, eh? Surely a remarkable cargo for a herdsman to transport, Mr. Schwartzbrod?”

“Well, you see, my lord, the dynamite and machinery was on our hands, and as there are many mines in South America, we thought we could sell the cargo there to better advantage than in Southampton.”

“Of course I don’t in the least doubt, Mr. Schwartzbrod, that you own large ranches in South America, but I strongly suspect——”

He paused, and opened his eyes to half width, looking quizzically at his vis-à-vis.

“You strongly suspect what, my lord?” muttered Schwartzbrod.

“I suspect that you own a mine in South America that you are keeping very quiet about.”