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name with certainty, to bleed⁠—there is no other word for it⁠—to bleed France of all the gold that he could cause to flow into his coffers. According to documents which I have seen, he succeeded in exporting in this way some seven hundred million francs in two years. A last consignment was preparing when war was declared. You can understand that thenceforth such important sums could not be smuggled out of the country so easily as in times of peace. The railway-wagons are inspected on the frontiers; the outgoing vessels are searched in the harbors. In short, the gold was not sent away. Those two hundred and fifty or three hundred millions remained in France. Ten months passed; and the inevitable happened, which was that Essarès Bey, having this fabulous treasure at his disposal, clung to it, came gradually to look upon it as his own and, in the end, resolved to appropriate it. Only there were accomplices.⁠ ⁠…”

“The men I saw last night?”

“Yes, half-a-dozen shady Levantines, sham naturalized French citizens, more or less well-disguised Bulgarians, secret agents of the little German courts in the Balkans. This gang ran provincial branches of Essarès’ bank. It had in its pay, on Essarès’ account, hundreds of minor agents, who scoured the villages, visited the fairs, were hail-fellow-well-met with the peasants, offered them banknotes and government securities in exchange for French gold and trousered all their savings. When war broke out the gang shut up shop and gathered round Essarès Bey, who also had closed his offices in the Rue Lafayette.”

“What happened then?”

“Things that we don’t know. No doubt the accomplices learnt from their governments that the last despatch of gold had never taken place; and no doubt they also guessed that Essarès Bey was trying to keep for himself the three hundred millions collected by the gang. One thing is certain, that a struggle began between the former partners, a fierce, implacable struggle, the accomplices wanting their share of the plunder, while Essarès Bey was resolved to part with none of it and pretended that the millions had left the country. Yesterday the struggle attained its culminating-point. In the afternoon the accomplices tried to get hold of Mme. Essarès so that they might have a hostage to use against her husband. In the evening⁠ ⁠… in the evening you yourself witnessed the final episode.”

“But why yesterday evening rather than another?”

“Because the accomplices had every reason to think that the millions were intended to disappear yesterday evening. Though they did not know the methods employed by Essarès Bey when he made his last remittances, they believed that each of the remittances, or rather each removal of the sacks, was preceded by a signal.”

“Yes, a shower of sparks, was it not?”

“Exactly. In a corner of the garden are some old conservatories, above which stands the furnace that used to heat them. This grimy furnace, full of soot and rubbish, sends forth, when you light it, flakes of fire and sparks which are seen at a distance and serve as an intimation. Essarès Bey lit it last night himself. The accomplices at once took alarm and came prepared to go any lengths.”

“And Essarès’ plan failed.”

“Yes. But so did theirs. The colonel is dead. The others were only able to get hold of a few bundles of notes which have probably been taken from them by this time. But the struggle was not finished; and its dying agony has been a most shocking tragedy. According to your statement, a man who knew you and who was seeking to get into touch with you, was killed at nineteen minutes past seven, most likely by Essarès Bey, who dreaded his intervention. And, five hours later, at twenty-three past twelve, Essarès Bey himself was murdered, presumably by one of his accomplices. There is the whole story, Captain Belval. And, now that you know as much of it as I do, don’t you think that the investigation of this case should remain secret and be pursued not quite in accordance with the ordinary rules?”

After a moment’s reflection Patrice said:

“Yes, I agree.”

“There can be no doubt about it!” cried M. Masseron. “Not only will it serve no purpose to publish this story of gold which has disappeared and which can’t be found, which would startle the public and excite their imaginations, but you will readily imagine that an operation which consisted in draining off such a quantity of gold in two years cannot have been effected without compromising a regrettable number of people. I feel certain that my own enquiries will reveal a series of weak concessions and unworthy bargains on the part of certain more or less important banks and credit-houses, transactions on which I do not wish to insist, but which it would be the gravest of blunders to publish. Therefore, silence.”

“But is silence possible?”

“Why not?”

“Bless my soul, there are a good few corpses to be explained away! Colonel Fakhi’s, for instance?”

“Suicide.”

“Mustapha’s, which you will discover or which you have already discovered in the Galliéra garden?”

“Found dead.”

“Essarès Bey’s?”

“An accident.”

“So that all these manifestations of the same power will remain separated?”

“There is nothing to show the link that connects them.”

“Perhaps the public will think otherwise.”

“The public will think what we wish it to think. This is wartime.”

“The press will speak.”

“The press will do nothing of the kind. We have the censorship.”

“But, if some fact or, rather, a fresh crime⁠ ⁠… ?”

“Why should there be a fresh crime? The matter is finished, at least on its active and dramatic side. The chief actors are dead. The curtain falls on the murder of Essarès Bey. As for the supernumeraries, Bournef and the others, we shall have them stowed away in an internment-camp before a week is past. We therefore find ourselves in the presence of a certain number of millions, with no owner, with no one who dares to claim them, on which France is entitled to lay hands. I shall devote my activity to securing the money for the republic.”

Patrice Belval shook his head:

“Mme. Essarès remains, sir.

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