"If it hadn't been for the Armistice," Bard continued, "I believe they would have pulled it off. They spent months on the preparations; everything was worked out to the last detail. The most vulnerable points were to be dynamited; the Gatun Lock and the Culebra Cut, I know, were mentioned. The big bang was planned for November, '18...."

"I see! And the Armistice spoilt it?"

"Exactly. The H.E. had been passed by Black Pablo and Co. to the parties appointed to carry out the explosion, and it was agreed that, as soon as the coup had come off, Black Pablo should make for the island rendezvous to receive his pay from a trusted German emissary who would await him there. The sum was one hundred thousand pounds in American gold dollars and German gold marks. But the Armistice, as you say, knocked the whole thing on the head. The entire German fabric collapsed, its plots and intrigues with it, including the canal coup. The Allies took a very firm hand with the Rodriguez Government and forced them to expel Black Pablo and confiscate his ship. Pablo went to San Salvador and did his best to charter a vessel there. But there was a heavy slump in German stock and everybody had the wind up. So nothing was done...."

"And Grundt—El Cojo?"

"I did not succeed in finding out a great deal about his movements; for the people from whom I inquired either did not or would not know anything about him. But apparently he turned up from Havana some months ago. The rest of the story—how they got on to Dutchey and his tale of the message taken by the Englishman from the grave—you know...."

There was a tap at the cabin-door. The dark-skinned steward of the Cristobal was there with my kit from the Naomi. "El Cojo," he told us, had just come on board. Bard threw a questioning glance at me.

"I leave him to you, John," I said. "I don't want to see him again...."

My friend grinned understandingly and left the cabin. In silence the steward laid out some clean clothes for me. He said nothing about my note to Marjorie. Had she had it? Surely she would have answered....

"You left my letter for the Señorita?" I asked at last.

"Si, si, Señor Commandante," the man replied. "The Señorita was on the deck with the rich Inglez, her father, and I gave the Señor Commandante's note into her own hands!"