Peter Phipps, sitting in his private office, might have served as the very prototype of a genial, shrewd and successful business man.

The apartment was plainly and handsomely furnished.

Although, only a few yards away, was a private exchange and an operator who controlled many private wires, a single telephone only stood upon his desk.

The documents which cumbered it were arranged in methodical little heaps.

His manager stood by his side, with a long slip of paper in his hand.