He was too well acquainted with the market and monetary affairs in general, too well acquainted with the sterling worth of the famous financier not to understand the idea of his scheme.

Cæsar knew that the Minister not only was not on good terms with his colleagues in the Government, but was at sword’s points with them, and was moreover disposed to give up his portfolio from one day to the next.

Whence came this haste to launch the plan for the suppression of the government tax and restoring the value of the currency? Why did he send him, Cæsar, on this errand, and not somebody in the Department?

His haste to launch the plan was easy to comprehend.

The Minister was about to give a decisive impulse to all stocks; the suppression of the affidavit and the restoring the value of the currency would shove up domestic paper in Spain and foreign stocks in France to extraordinary heights. Then a difficulty with the Speaker, a moment of anger, such as was to be expected in a character like the Minister’s, would oblige him to offer his resignation... prices would take a terrible drop, and the Minister, having already planned for a big bear scoop in Paris, would clear some hundreds of thousands of francs and keep his reputation as a patriot and an excellent financier.

Why was he sending Cæsar? No doubt because he suspected his secretary, whom he had probably given similar missions to previously.

Cæsar knew the Minister well. He had described him in his notes in these words: “He is dark and brachicephalic; a man of tradition and good common sense; average intellect, astute, a good father and a good Catholic. He believes himself cleverer than he really is. His two leading passions are vanity and money.”

Cæsar knew the Minister, but the Minister did not know Cæsar. He imagined him to be a man of brilliant intellect, but incapable of grasping realities.

After thinking a long while over the business, while he was undressing to go to bed in the sleeping-car, Cæsar said:

“There is only one thing to find out. Who is the Minister’s broker in Paris, and who is his banker? With Yarza’s assistance that is not going to be difficult for me to ascertain. When we know what broker he works through and what banker, the affair is finished.”