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Rh my profits. I've no doubt you're prepared to allow me to retain one-half the proceeds of my operations, should I elect to ally myself with you?"

"That's the suggestion we are empowered to make," De Morbihan admitted.

"In other words, you need me. You say to yourselves: 'We'll pretend to be the head of a criminal syndicate, such as the silly novelists are forever writing about, and we'll threaten to put him out of business unless he comes to our terms.' But you overlook one important fact: that you are not mentally equipped to get away with this amusing impersonation! What! Do you expect me to accept you as leading spirits of a gigantic criminal system—you, Popinot, who live by standing between the police and your murderous rats of Belleville, or you, Wertheimer, sneak-thief and blackmailer of timid women, or you, De Morbihan, because you eke out your income by showing a handful of second-storey men where to seek plunder in the homes of your friends!"

He made a gesture of impatience, and lounged back to wait the answer to this indictment. His gaze, ranging the four faces, encountered but one that was not darkly flushed with resentment; and this was the American's.

"Aren't you overlooking me?" this last suggested gently.

"On the contrary: I refuse to recognize you as long as you lack courage to show your face."

"As you will, my friend," the American chuckled. "Make your profit out of that any way you like."

Lanyard sat up again: "Well, I've stated your case, messieurs. It amounts to simple, clumsy blackmail. I'm to