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214 the end, rather than trouble with the beginning of your remarks. Have you discovered a new system of wireless telegraphy?"

"Yes."

"Then I should warn you that I am a large stock-holder in Mr. Marconi's company. You are thus speaking, as it were, to a rival, and I should prefer not to hear any of your secrets."

The professor was given time for reflection, because once more Perkins intruded, in spite of the slight frown of impatience that marked Stranleigh's brow.

"The Honourable John Hazel, my lord, says that he is very busy, and cannot return at two o'clock. He must be in the City at that hour. He has written you a note, and says if you will just scribble 'yes' or 'no' on it, he will be satisfied, and expects to see you at the club this evening."

The recipient of the message tore off the envelope and read:

", As I told you over the telephone, I've made a rich strike in the City, and am going to lead the simple life hereafter. A man for whom I have done some good turns on 'Change has lent me his yacht, which is as large as yours, and, he says, fully as comfortable, although, of course, not nearly so fast. I am going to Cadiz in her, and will be delighted if you come along. I shall invite anyone else you