There she lay, a source of endless misgiving to every allied ship which sailed these waters, kept clean and trim as a yacht, her full crew on board, her dangerous cargo below, in the very fairway of the submarine; and there the scruples of the Allies allowed her to remain while month followed month.

Historians in later years will come across in this or that Government office in Paris, in London and in Rome, warnings, appeals, and accounts of the presence of this ship; and those anxious for a picturesque contrast may set against the violation of Belgium and all the "scrap of paper" philosophy, the fact that for years in the very centre of the German submarine effort in the Western Mediterranean, the German steamer _Fangturm_, with her priceless cargo of oil, was allowed by the scrupulous honour of the Allies to swing unmolested at her anchor in Palma Bay.

Hillyard could never pass that great black ship in those neutral waters without a hope that his steering-gear would just at this moment play him false and swing his bows at full speed on to her side.
The _Dragonfly_ ran past her to the arm of the great mole and was moored with her stern to the quay.

A small crowd of gesticulating idlers gathered about the ropes, and all were but repeating the phrases of the peasants upon the hill-side, as Hillyard walked ashore down the gangway.
"But it's impossible that you should have come." "Just outside there is one.

The fisherman saw her yesterday." "She rose and spoke to one of the fishing-boats." "But it is impossible that you should have come here." "Yet I am here," answered Hillyard, the very mad multi-millionaire.
"What will you, my friends?
Shall I tell you a secret?
Yes, but tell no one else! The Germans would be most enraged if they found out that we knew it.