A MAN of habit, Mr. Oberzohn missed his daily journey to the City Road. In ordinary circumstances the loss would have been a paralysing one, but of late he had grown more and more wedded to his deep arm-chair and his ponderous volumes; and though the City Road had been a very useful establishment in many ways, and was ill replaced by the temporary building which his manager had secured, he felt he could almost dispense with that branch of his business altogether. Oberzohn & Smitts was an institution which had grown out of nothing. The energy of the partners, and especially the knowledge of African trading conditions which the departed Smitts possessed, had produced a flourishing business which ten years before could have been floated for half a million pounds. Orders still came in. There were up-country stores to be restocked; new, if unimportant, contracts to be fulfilled; there was even a tentative offer under consideration from one of the South American States for the armaments of a political faction. But Mr. Oberzohn was content to mark time, in the faith that the next week would see him superior to these minor considerations, and in a position, if he so wished, to liquidate his business and sell his stores and his trade. There were purchasers ready, but the half a million pounds had dwindled to a tenth of that sum, which outstanding bills would more than absorb. As Manfred had said, his running expenses were enormous. He had agents in every central Government office in Europe, and though they did not earn their salt, they certainly drew more than condiment for their services. He had spent a busy morning in his little workshop-laboratory, and had settled himself down in his chair, when a telegraph messenger came trundling his bicycle across the rough ground, stopped to admire for a second the iron dogs which littered the untidy strip of lawn, and woke the echoes of this gaunt house with a thunderous knock. Mr. Oberzohn hurried to the door. A telegram to this address must necessarily be important. He took the telegram, slammed the door in the messenger’s face and hurried back to his room, tearing open the envelope as he went. There were three sheets of misspelt writing, for the wire was in Portuguese and telegraph operators are bad guessers. He read it through carefully, his lips moving silently, until he came to the end, then he started reading all over again, and, for a better understanding of its purport, he took a pencil and paper and translated the message into Swedish. He laid the telegram face downwards on the table and took up his book, but he was not reading. His busy mind slipped from Lisbon to London, from Curzon Street to the factory, and at last he shut his book with a bang, got up, and opening the door, barked Gurther’s name. That strange man came downstairs in his stockinged feet, his hair hanging over his eyes, an unpleasant sight. Dr. Oberzohn pointed to the room and the man entered.