He gave the urgent signal to the long distance operator and within five minutes he was talking to the bank. Mr. Reeder only heard the questions and the monosyllabic rejoinders. Presently Gaylor hung up the receiver. “£17,500 letter of credit,” he said shortly, “cashed in Paris, Budapest and Madrid. Since then the bank has had three cheques for considerable amounts. They had been cashed in foreign cities, and had been accompanied by letters from Mr. Gelpin. The bank manager says that Gelpin is a man who loves travel, so that he is not at all alarmed about it, and he has got a pretty good balance. He said one thing which may, or may not, have some bearing: that when Gelpin left, he announced his intention of going to Montreux.” Mr. Reeder remembered instantly the little map on the wall of Litnoff’s room with the red irregular triangle. Mr. Reeder rose at that moment to go to the door of the outer office to take in a cablegram from a Western Union messenger. He walked to the window, opened it and read the page of typescript. It was signed “Murphy” and was from the head of the New York Detective Department. “Pizarro gang has not operated for past ten years. Pizarro in Sing-Sing serving life sentence. His right-hand man Kennedy was last heard of in California twelve years ago, believed to be reformed character. Nothing known here of new Pizarro enterprise.” Gaylor read the telegram and handed it back to Reeder. “Do you think this is a Pizarro stunt?” “My unpleasant mind leads me to that conclusion,” said Mr. Reeder. The Rev. Dr. Ingham came at two o’clock, at the moment when Mr. Reeder was eating one of the two large buns which he invariably purchased on his way to the office, and which as invariably served him for lunch. He could almost sense the excited condition in which the cleric came by the rapidity and nervousness of his knock. “My dear fellow… the most amazing thing has happened… Mr. Ralph has been found!” J.G. Reeder should have been overjoyed by the intelligence instead he looked a little grieved. “This is very pleasant news,” he said, “very pleasant indeed, h’m.” The clergyman fished inside his clerical coat and produced a telegram. “I happened to call on Miss Ralph this morning and whilst I was in the hotel this telegram came. Naturally the young lady is beside herself with relief--I confess that I also am feeling happier.” Mr. Reeder took the telegram. It was handed in at Berlin West and was addressed to Joan Ralph, Haymarket Hotel. “Shall be in Germany for a month. Write to me Hotel Marienbad Munich. Mark letter ‘await arrival.’ Love. Daddy.” “Remarkable,” said Mr. Reeder. “I thought so. I asked the young lady to let me have the wire to show you.” “Remarkable,” said Mr. Reeder again. “It _is_ remarkable,” agreed Dr. Ingham. “And yet it isn’t. He may have been called away to Germany and had no time to communicate with his daughter----”