Excerpt: ...stopped short in the act of lighting his cigar. "I'm not quite catching on," he remarked. "What's the trouble?" "There is no trouble, fortunately," Peter replied. "Only a little disappointment for our friends the Count von Hern and Major Kosuth. I have brought you some information which, I think, will put an end to that affair of the loan." Mr. Heseltine-Wrigge sat quite still for a moment. His brows were knitted; he showed no signs of nervousness. "Go right on," he said. "The security upon which you were going ...
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Excerpt: ...stopped short in the act of lighting his cigar. "I'm not quite catching on," he remarked. "What's the trouble?" "There is no trouble, fortunately," Peter replied. "Only a little disappointment for our friends the Count von Hern and Major Kosuth. I have brought you some information which, I think, will put an end to that affair of the loan." Mr. Heseltine-Wrigge sat quite still for a moment. His brows were knitted; he showed no signs of nervousness. "Go right on," he said. "The security upon which you were going to advance a million and a half to the Turkish Government," Peter continued, "consisted of two Dreadnoughts and a cruiser, being built to the order of that country by Messrs. Shepherd and Hargreaves at Belfast." "Quite right," Mr. Heseltine-Wrigge admitted quietly. "I have been up and seen the boats. I have seen the shipbuilders, too." "Did you happen to mention to the latter," Peter inquired, "that you were advancing money upon those vessels?" "Certainly not," Mr. Heseltine-Wrigge replied. "Kosuth wouldn't hear of such a thing. If the papers got wind of it there'd be the devil to pay. All the same, I have got an assignment from the Turkish Government." "Not worth the paper it's written on," Peter declared blandly. Mr. Heseltine-Wrigge rose unsteadily to his feet. He was a strong, silent man, but there was a queer look about his mouth. "What the devil do you mean?" he demanded. "Briefly this," Peter explained. "The first payment, when these ships were laid down, was made not by Turkey, but by an emissary of the German Government, who arranged the whole affair in Constantinople. The second payment was due ten months ago, and not a penny has been paid. Notice was given to the late Government twice and absolutely ignored. According to the charter, therefore, these ships reverted to the shipbuilding company, who retained possession of the first payment as indemnity against loss. The Count von Hern's position was this. He represents the German...
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