"I have written to my father and mother," she said, "about the securities."

"Have you?" he said grimly.

"Yes. And, Louis, I forgot to tell you that Mr. Cuyp telephoned me yesterday assuring me that everything had been transferred and recorded and that my father could use everything in an emergency—if it comes as you thought possible.... And I—I wish to say"—she went on in a curiously constrained voice—"that I appreciate what you have done—what you so willingly gave up—"

An odd smile hovered on Malcourt's lips:

"Nonsense," he said. "One couldn't give up what one never had and never wanted.... And you say that it was all available yesterday?"

"Available!"

"At the order of Cardross, Carrick & Co.?"

"Mr. Cuyp said so."

"You made over all those checks to them?"

"Yes. Mr. Cuyp took them away."