"I can only theorise at present," the _Messenger_ editor replied. "And you, gentlemen, will understand, a great newspaper like ours has correspondents everywhere. We also have a special cypher known only to ourselves. Our man at the Cape is absolutely reliable. Now somebody must have stolen our cypher or possessed himself of the key. Cables come to us addressed to 'Bonanza.' Such was the cable that reached us on the day that the Eastern line broke down. Seeing that it was absolutely in order and apparently delivered in the usual way, we used it, under the impression that we had a great piece of news and one that possibly our rivals did not possess. "There was nothing in the appearance of the cablegram to excite our suspicions, but since the news of its falseness has come through I have had it examined by an expert who reports that the original telegram had been directed to 'Bonan,' and not to 'Bonanza.' The last two letters had been cleverly forged, but under a very strong glass the forgery is clear. Now you can see the trap. I have been to the office of the Cable Company, and, as I expected, I find that a message was sent on the day in question from Cape Town to a registered 'Bonan.' This 'Bonan' turns out to be one James Jones who has an office in Long Lane. Of course that office was taken for the express purpose of getting that message, so that in case the Eastern line broke down the paper could be forced upon us. Unfortunately it was forced upon us with dire results. We find that the message was repeated day by day in the hopes of a breakdown. "Now, lots of big houses down South cable quotations, lists of prices, finds of gold-dust and the like every day. All these are in cypher, and perhaps a fortnight might pass without any fluctuations, which would mean practically the receipt of an identical message for days. Nothing but a close search of the records could have aroused suspicion. Besides, the line had broken down, and all the energies of the company were devoted to that. "If any of you gentlemen like to call at the Cable Company's offices and see the scores of duplicate cypher messages, all more or less alike, you will be convinced that the employés there are not in the least at fault. We have been the victims of a clever conspiracy. We can safely leave the rest to the police." The City was becoming normal again. By four o'clock it was practically deserted. The offices of the various banks were bursting with the repaid gold. Many clerks were closing up the books and looking forward to a good night's rest. It was almost impossible to believe that these were the same streets of a few hours before. Meantime, Ericsson and his partner in the inner room of their offices were gloating over a bewildering array of figures; their gains from the gigantic hoax they had played on the public promised to run into millions.