I have previously related a certain adventure with a person called Haynes who insinuated himself into my office disguised as a journalist. I learnt that he was a member of the ridiculous secret service which the English had improvised during the war and with which it hoped to counteract the well-organized and foreseeing sagacity of our bureau. I can prove that this same Haynes, an English gentleman forsooth, was no better than an associate of common blackguards, ruffians, and cutpurses of the worst description. Such is English gentlemanliness! What a scandal there would be revealed if on a certain day in 1916, I could have walked into this man’s club where he sat with the pampered aristocracy of England and have denounced him! “Behold!” I would say, “a man who is little better than a common cad of the golf links, and I can prove every word, gentlemen of the British aristocracy!” How sensational! But, alas! I had higher game than Mr. Haynes. I had the interest and the future of the Fatherland to consider and these matters were of infinitely greater importance than a thousand Haynes. You must know that when I speak of the “well-organized and far-seeing sagacity” of the German Intelligence Service, I am not in any way exaggerating. For how many years had we been preparing for this most gigantic and world-shocking conflict? How minutely were laid the plans of the Intelligence Department! With what care and thoroughness and brainy preparation did we patiently fashion the pieces of the game! When I came to England I took charge, as I think I have explained before, of the hundred and one departments which were in some way or other associated with Intelligence. My task was to co-ordinate the whole of the common service of Deutschstrum, to gather up all the strings in my own fingers and to pull them each to serve the higher purpose. One of the most important branches of our work had been inaugurated ten years before I came to England, and I think if you spent the whole of those ten years guessing you would not divine how the business which had been established was to serve Germany in her hour of need. Perhaps you have noticed, you who have been to London, a modest, yet substantial, building in Jermyn Street, which is known as the Jermyn Credit Bank. It is, or was, a very unpretentious and serious building with a modest facia and a small but imposing interior. If you had not seen the place you would not fail to have seen the advertisements of the bank which ran consistently in most of the English papers. The advertisement was as follows: Gentlemen of position, officers of both services and officials of the British or Indian Civil Service may arrange loans on note of hand with the Jermyn Credit Bank. No security required. Interest 7 per cent. per annum. Apply by letter, which will be treated in the strictest confidence, to the Secretary, Jermyn Credit Bank, 642, Jermyn Street, St. James.