equally in the dark. Therefore no immediate competition for the Daphne shares need be looked for from that quarter. The second was that he was desperately loyal to his own company, and would never be seduced into a rival concern. This solved one problem for Tavanger, who had been ready to pay a considerable price for Sprengerâs services. The third was that the little chemist was toiling away at michelite problems, especially the major difficulty of the smelting costs, and was inclined to hope that he was on the brink of a great discovery. Any such discovery would of course belong to his company, but Tavanger ascertained that the Rosas-Sprenger had an agreement with the Anatilla to pool any devices for lessening costs. The Anatilla no doubt provided some of the working capital which enabled the German company to experiment.
The dinner convinced Tavanger that there was no time to be lost. He flew to Salonika by the ordinary Middle East service, and then changed into a seaplane which took him to Crete. The famous antiquary, Dr. Heilbron, was busy there with his Minoan excavations. Heilbron had some years before been engaged in investigating the Zimbabwe remains, and had spent a considerable time in Rhodesia. For some reason or other he had been induced to put money into Daphne Concessions at the start, and owned a block of five thousand shares which he had almost forgotten about.
I could guess at the masterly way in which Tavanger handled Heilbron and got what he wanted. He appeared to be the ordinary traveller, who had dropped in on his way to Egypt to get a glimpse of the antiquaryâs marvellous work. Being well read, he no doubt talked intelligently on the Minoan civilization. He let drop that he was a businessman with South African interests, and drew from Heilbron the story of his Daphne investment. The antiquary was comfortably off, but excavation consumes a good deal of money, and he seems to have jumped at Tavangerâs offer to buy his shares, which he had long ago written off as worthless when he thought of them at all. Tavanger offered a good price for them, but insisted on Heilbron consulting his stockbroker. The answer was favourable, and the transfer was arranged by cable.
While in Crete Tavanger received another cable which perturbed him. The big block of Daphne shares which he had acquired was not all in his own name; the registered holders of a third were his nominees and quite obscure people. This had been done with a purpose. He wanted to know if the Anatilla people were coming into the market; if they did, they were not likely to approach him in the first instance, but to go for the humbler holders. The cable told him that an offer had been made to one of his nomineesâa handsome offerâand that this had been traced by his intelligence department as coming through two firms who were known to handle a good deal of Glaubsteinsâ European business.
Tavanger had had a long experience of Glaubsteinsâ methods, and he was aware that they did not enter any market for fun. If they were buyers of Daphnes at all they were out for complete control, and, being people of his own stamp, would not let the grass grow under their feet. They had obviously started on the road which was to lead to a great combine. The bulk of the shareholders were in South Africa, and he was morally certain that at this moment representatives of Glaubsteinsâ were on steamers bound for the Cape. Well, it behooved him to get there before them, and that could not be done by returning to England and embarking in a South African boat. No more could it be done by the Messageries line and the East African route. A bolder course was required, and, faced with apparently insurmountable difficulties, Tavanger began to enjoy himself.
He cabled to the Aero president in Berlin and to Dilling, and then set his face for Egypt. Here he struck a snag. There was no direct air line from Crete to Cairo, and if he went back to
Kit Tunstall, R.E. Saxton