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day? Frankly he thought it impossible. In fact, in the face of the Customs officers' activities, he doubted if such a thing could be done by any kind of machinery that could be devised. Indeed, the more Willis pondered the smuggling theory, the less likely it seemed to him, and he turned to consider the possibilities of Miss Coburn's SUGGESTION of false note printing.

Here at once he was met by a fact which he had not mentioned to Merriman. As it happened, the circulation of spurious Treasury notes was one of the subjects of interest to Scotland Yard at the moment. Notes were being forged and circulated in large numbers. Furthermore, the source of supply was believed to be some of the large towns in the Midlands, Leeds being particularly suspected. But Leeds was on the direct line through Ferriby, and comparatively not far away. Willis felt that it was up to him to explore to the uttermost limit all the possibilities which these facts opened up.

He began by looking at the matter from the conspirators' point of view. Supposing they had overcome the difficulty of producing the notes, how would they dispose of them?

Willis could appreciate the idea of locating the illicit press in France. Firstly, it would be obvious to the gang that the early discovery of a fraud of the kind was inevitable. Its existence, indeed, would soon become common property. But this would but slightly affect its success. It was the finding of the source of supply that mattered, and the difficulty of this was at once the embarrassment of the authorities and the opportunity of the conspirators.

Secondly, English notes were to be forged and circulated in England, therefore it was from the English police that the source of supply must be hidden. And how better could this be done than by taking it out of England altogether? The English police would look in England for what they wanted. The attention of the French police, having no false French notes to deal with, would not be aroused. It seemed to Willis that so far he was on firm ground.

The third point was that, granting the first two, some agency would be required to convey the forged notes from France to England. But here a difficulty arose. The pit-prop plan seemed altogether too elaborate and cumbrous for all that was required. Willis, as Merriman had done earlier, pictured the passenger with the padded overcoat and the double-bottomed handbag. This traveller, it seemed, would meet the case.

But did he? Would there not, with him, be a certain risk? There would be a continuous passing through Customs houses, frequent searchings of the faked suitcase. Accidents happen. Suppose the traveller held on to his suitcase too carefully? Some sharp-eyed Customs officer might become suspicious. Suppose he didn't hold on carefully enough and it were lost? Yes, there would be risks. Small, doubtless, but still risks. And the gang couldn't afford them.

As Willis turned the matter over in his mind, he came gradually to the conclusion that the elaboration of the pit-prop business was no real argument against its having been designed merely to carry forged notes. As a business, moreover, it would pay or almost pay. It would furnish a secret method of getting the notes across at little or no cost. And as a blind, Willis felt that nothing better could be devised. The scheme visualized itself to him as follows. Somewhere in France, probably in some cellar in Bordeaux, was installed the illicit printing-press. There the notes were produced. By some secret method they were conveyed to Henri when his lorry-driving took him into the city, and he in turn brought them to the clearing and handed them over to Coburn. Captain Beamish and Bulla would then take charge of them, probably hiding them on the Girondin in some place which would defy a surprise Customs examination. Numbers of such places, Willis felt sure, could be arranged, especially in the engine room. The cylinders of a duplicate set of pumps, disused on that particular trip, occurred to him as an example. After arrival at Ferriby there would be ample opportunity for the notes to be taken ashore and handed over to Archer, and Archer β€œcould plant stuff on Old Nick himself.”

The more he pondered over it, the more tenable this theory seemed to Inspector Willis. He rose and began pacing the room, frowning heavily. More than tenable, it seemed a sound scheme cleverly devised and carefully worked out. Indeed he could think of no means so likely to mislead and delude suspicious authorities in their search for the criminals as this very plan.

Two points, however, think as he might, he could not reconcile. One was that exasperating puzzle of the changing of the lorry number plates, the other how the running of a second boat to Swansea would increase the profits of the syndicate.

But everything comes to him who waits, and at last he got an idea. What if the number of the lorry was an indication to the printers of the notes as to whether Henri was or was not in a position to take over a consignment? Would some such sign be necessary? If Henri suspected he was under observation, or if he had to make calls in unsuitable places, he would require a secret method of passing on the information to his accomplices. And if so, could a better scheme be devised than that of showing a prearranged number on his lorry? Willis did not think so, and he accepted the theory for what it was worth.

Encouraged by his progress, he next tackled his second difficultyβ€”how the running of a second boat would dispose of more notes. But try as he would he could arrive at no conclusion which would explain the point. It depended obviously on the method of distribution adopted, and of this part of the affair he was entirely ignorant. Failure to account for this did not therefore necessarily invalidate the theory as a whole.

And with the theory as a whole he was immensely pleased. As far as he could see it fitted all the known facts, and bore the stamp of probability to an even greater degree than that of brandy smuggling.

But theories were not enough. He must get ahead with his investigation.

Accordingly next morning he began his new inquiry by sending a telegram.

β€œTo BEAMISH, Landes Pit-Prop Syndicate, Ferriby, Hull.

β€œCould you meet me off London train at Paragon Station at 3.9 tomorrow re death of Coburn. I should like to get back by 4.0. If not would stay and go out to Ferriby.

β€œWILLIS,

β€œScotland Yard.”

He travelled that same day to Hull, having arranged for the reply to be sent after him. Going to the first-class refreshment room at the Paragon, he had a conversation with the barmaid in which he disclosed his official position, and passed over a ten-shilling note on account for services about to be rendered. Then, leaving by the evening train, he returned to Doncaster, where he spent the night.

On the next day he boarded the London train which reaches Hull at 3.9. At Paragon Station he soon singled out Beamish from Merriman's description.

β€œSorry for asking you to come in, Captain Beamish,” he apologized, β€œbut I was anxious if possible to get back to London tonight. I heard of you from Miss Coburn and Mr. Merriman, both of whom read of the tragedy in the papers, and severally came to make inquiries at the Yard. Lloyd's Register told me your ship came in here, so I came along to see you in the hope that you might be able to give me some information about the dead man which might suggest a line of inquiry as to his murderer.”

Beamish replied politely and with a show of readiness and candor.

β€œNo trouble to meet you, inspector. I had to come up to Hull in any case, and I shall be glad to tell you anything I can about poor Coburn. Unfortunately I am afraid it won't be much. When our syndicate was starting we wanted a manager for the export end. Coburn applied, there was a personal interview, he seemed suitable and he was appointed on trial. I know nothing whatever about him otherwise, except that he made good, and I may say that in the two years of our acquaintance I always found him not only pleasant and agreeable to deal with, but also exceedingly efficient in his work.”

Willis asked a number of other questionsβ€”harmless questions, easily answered about the syndicate and Coburn's work, ending up with an expression of thanks for the other's trouble and an invitation to adjourn for a drink.

Beamish accepting, the inspector led the way to the first-class refreshment room and approached the counter opposite the barmaid whose acquaintance he had made the previous day.

β€œTwo small whiskies, please,” he ordered, having asked his companion's choice.

The girl placed the two small tumblers of yellow liquid before her customers and Willis added a little water to each.

β€œWell, here's yours,” he said, and raising his glass to his lips, drained the contents at a draught. Captain Beamish did the same.

The inspector's offer of a second drink having been declined, the two men left the refreshment room, still chatting about the murdered man. Ten minutes later Captain Beamish saw the inspector off in the London train. But he did not know that in the van of that train there was a parcel, labelled to β€œInspector Willis, passenger to Doncaster by 4.0 p.m.,” which contained a small tumbler, smelling of whisky, and carefully packed up so as to prevent the sides from being rubbed.

The inspector was the next thing to excited when, some time later, he locked the door of his bedroom in the Stag's Head Hotel at Doncaster and, carefully unpacking the tumbler, he took out his powdering apparatus and examined it for prints. With satisfaction he found his little ruse had succeeded. The glass bore clearly defined marks of a right thumb and two fingers.

Eagerly he compared the prints with those he had found on the taxi call-tube. And then he suffered disappointment keen and deep. The two sets were dissimilar.

So his theory had been wrong, and Captain Beamish was not the murderer after all! He realized now that he had been much more convinced of its truth than he had had any right to be, and his chagrin was correspondingly greater. He had indeed been so sure that Beamish was his man that he had failed sufficiently to consider other possibilities, and now he found himself without any alternative theory to fall back on.

But he remained none the less certain that Coburn's death was due to his effort to break with the syndicate, and that it was to the syndicate that he must look for light on the matter. There were other members of itβ€”he knew of two, Archer and Morton, and there might be moreβ€”one of whom might be the man he sought. It seemed to him that his next business must be to find those other members, ascertain if any of them were tall men, and if so, obtain a copy of their finger-prints.

But how was this to be done? Obviously from the shadowing of the members whom he knew, that was, Captain Beamish, Bulla, and Benson, the Ferriby manager. Of these, Beamish and Bulla were for the most part at sea; therefore, he thought, his efforts should be concentrated on Benson.

It was with a view to some such contingency that he had alighted at Doncaster instead of returning to London, and he now made up his mind to return on the following day to Hull and, the Girondin having by that time left, to see what he could learn at the Ferriby depot.

He spent three days shadowing Benson, without coming on anything in the slightest degree suspicious. The manager spent each of the days at the wharf until about six o'clock. Then he walked to Ferriby Station and took the train to Hull, where he

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