Wide Boys equally anxious to help âem out. Normal rate of exchange about 980 francs to the pound. Black Market rate, say, 780. Profit to the Wide Boys about 200 francs for every pound changed. Easy money, Strang, even if you donât consider the profits spectacular.â
âBut âChalkyâ Cobbett,â asked Strang still groping, âwhere does he come in? I donât get it.â
Meredith chuckled.
âO.K. Iâm coming to him. But there are a few other details I want you to cotton on to first. These currency blokes accept cheques on London banks, see? Theyâre forced to because, as you know, you can only take five quidâs worth of English notes out of the country. The Wide Boys have a grape-vine method of getting these cheques smuggled over to London and cashed as quickly as possible. So much for that. But the French police recently spotted a further complication in this racket. A flood of counterfeit thousand franc notes was appearing along the Riviera, and they soon traced some of these notes to our benighted countrymen whoâd been diddling the Exchequer by their purchase of Black Market francs. In brief, the currency racketeers had been paying out their 780 francs to the pound in dud notes. Result, 980 francs to the pound profit, less overheads and, presumably, a rake-off for âChalkyâ Cobbett.â
âBut how the heck did the French cops know that âChalkyâ was responsible for the faked notes, sir?â
âThey didnât. Nor did we at the start. As a matter of routine we got our forgery experts on to one of the specimen notes. And the experts recognized âChalkyâsâ touch at onceâmicroscopic details of craftsmanship that had turned up in all his previous work. Thatâs why weâre heading south on this cold and frosty morning, mâlad. Weâre going to snoop around and keep our eyes skinned and our ears wide open until we get a line on âChalkyâsâ hide-out. Weâre over here at the request of the French police. So take a good look at that photo and keep on looking at it. I want you to get the details of âChalkyâsâ dial fixed firmly in your mind, Strang. Itâs easier for me. Iâve seen âChalkyâ several times. Matter of fact I was responsible for pulling him in in â39.â
Acting-Sergeant Freddy Strang carefully replaced the photo in his superiorâs wallet. So this was the mysterious assignment that had miraculously whipped him out of the London murk and was now speeding him south to the warmth and glitter of the Mediterranean. Damned decent of the Inspector to pick on him as his assistant. There wasnât another bloke in the C.I.D. heâd rather be working for. He said earnestly:
âIâll do my best not to let you down, sir.â
âSure of it, Sergeant. But I havenât quite filled in all the gaps. âChalkyâsâ not our only concern. The French dicks have a very shrewd suspicion that the currency racket is being worked by an English gang or, at least, under English supervision. Point is these men may be known to us at the Yard. Thatâs the second reason why weâve been called in to help.â
Freddy whistled.
âQuite a lot on our plate, eh, sir?â
Meredith nodded.
âEnough to keep you out of mischief anyway, young fellow. Whatâs your particular weaknessâwine, women or song?â
âSong, sir. Itâs the only vice I can run to on my present pay. Like to hear my rendering of âNight and Dayâ, sir? It was a smash-hit at the last Police Concert.â
âGod forbid!â breathed Meredith fervently.
Chapter II
The Villa Paloma
I
Nesta Hedderwick, in a faded pink kimono, was sprawling in a wicker chaise-longue on the terrace of the Villa Paloma, sipping a tomato-juice. Behind her the walls of the villa, also a faded pink, were patterned with the fronded shadows of