CHAPTER XVI.
TRICKS OF THE TRADE "Now!" said Hillyard.
Fairbairn fetched a couple of white porcelain developing dishes to the table.

Hillyard unlocked a drawer in his bureau.

They were in the deck-saloon of the _Dragonfly_, steaming southwards from Valencia.
Outside the open windows the brown hill-sides, the uplands of olive trees and the sun-flecked waves slipped by in a magical clear light; and the hiss of the beaded water against the ship's planks filled the cabin with a rustle as of silk.

Hillyard drew a deep breath of excitement as he took out from the drawer the letters he had carried off from M.de Cassaud.

He had travelled straight through Barcelona to Valencia with the letters in his pocket, picking up Fairbairn at the Estacion de Francia on the way, and now, in the sunlight and in the secrecy of the open sea, they were to appraise the value of their catch.
They sat at the table and examined them, opening the envelopes with the skill and the care which experience had taught them.