Professor Schaefer's lips curled in an unpleasant smile. “Canada, Canadian citizenship! My dear young man, pardon! Allow me to ask you a question. If Britain were at war with Germany, do you think it at all likely that Canada would allow herself to become involved in a European war? Canada is a proud, young, virile nation. Would she be likely to link her fortunes with those of a decadent power? Excuse me a moment,” checking Larry's impetuous reply with his hand. “Believe me, we know something about these things. We make it our business to know. You acknowledge that we know something about your mines; let me assure you that there is nothing about your country that we do not know. Nothing. Nothing. We know the feeling in Canada. Where would Canada be in such a war? Not with Germany, I would not say that. But would she stand with England?” Larry sprang to his feet. “Where would Canada be? Let me tell you, Professor Schaefer,” shaking his finger in the professor's face. “To her last man and her last dollar Canada would be with the Empire.” “Hear, hear!” shouted Hugo Raeder. The professor looked incredulous. “And yet,” he said with a sneer, “one-half of your people voted for Reciprocity with the United States.” “Reciprocity! And yet you say you know Canada,” exclaimed Larry in a tone of disgust. “Do you know, sir, what defeated Reciprocity with this country? Not hostility to the United States; there is nothing but the kindliest feeling among Canadians for Americans. But I will tell you what defeated Reciprocity. It was what we might call the ultra loyal spirit of the Canadian people toward the Empire. The Canadians were Empire mad. The bare suggestion of the possibility of any peril to the Empire bond made them throw out Sir Wilfrid Laurier and the Liberal Party. That, of course, with other subordinate causes.” “I fancy our Mr. Taft helped a bit,” said Hugo Raeder. “Undoubtedly Mr. Taft's unfortunate remarks were worked to the limit by the Conservative Party. But all I say is that any suggestion, I will not say of disloyalty, but even of indifference, to the Empire of Canada is simply nonsense.” At this point a servant brought in a telegram and handed it to Mr. Wakeham. “Excuse me, my dear,” he said to his wife, opened the wire, read it, and passed it to Hugo Raeder. “From your chief, Hugo.” “Much in that, do you think, sir?” inquired Hugo, passing the telegram back to him. “Oh, a little flurry in the market possibly,” said Mr. Wakeham. “What do you think about that, Schaefer?” Mr. Wakeham continued, handing him the wire. Professor Schaefer glanced at the telegram. “My God!” he exclaimed, springing to his feet. “It is come, it is come at last!” He spoke hurriedly in German to his friend, Meyer, and handed him the telegram.