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Authors: Sarah Caudwell

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BOOK: The Sibyl in Her Grave
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“Why? What does she think will happen to you in London?”

“My dear Julia, I’ve no idea—you know what Daphne’s like. She seems to think I’m too old and silly and feeble to be allowed out in the big city. She keeps telling me I’m ill and not as young as I used to be.”

“Reg,” said Julia anxiously, “are you sure you’re not really ill?”

“Don’t be ridiculous, Julia,” said her aunt briskly. “I
have a cold, that’s all, like half the population at this time of year. The fact is, I think the poor girl is really rather nervous about my being away With no one at the Vicarage, I’m her nearest neighbour. Now, for heaven’s sake, do let’s stop talking about her and think about food and wine. Oh, Julia, before I forget—I have a present for you.”

She had with her a small valise, of which she had not permitted the waiters to dispossess her. From this she now took and handed to Julia a flat rectangular package, wrapped in green-and-gold paper and tied with tinsel ribbon. Julia regarded it with pleasure and perplexity.

“It isn’t from me, it’s…well, it’s from Maurice. I was clearing out his desk the night before last—I ought to have done it sooner, but I’d been putting it off—and I found his Christmas presents still in the bottom drawer, all wrapped up and ready to give to people on Christmas Day. So I spent yesterday morning running round Parsons Haver giving everyone their presents from Maurice. There were quite a lot of them—mostly just small things, you know, for people he wanted to give something a bit more than a Christmas card.”

“Oh dear,” said Julia, presumably thinking of the rococo mirror, “I do hope there was one for Daphne.”

“Yes, thank heavens—she’d have been terribly upset if there hadn’t been. Well, this is yours—are you going to open it now, or are you going to wait until after lunch and not risk spilling anything on it?”

Not the most decisive of women, Julia was still debating this question when Ragwort and Cantrip arrived. They advised us not to wait for Selena before ordering lunch.

“I was in the Clerks’ Room twenty minutes ago,” said
Cantrip, “and Selena’s big-shot banker rolled up, all of a tizzwoz, with his solicitor in tow and wanting an urgent conference. So of course Henry said, ‘Yes sir, certainly sir, anything you like sir, and who gives two hoots about Miss Jardine’s lunch?’ Or words to the like effect.”

“We must try to console ourselves,” said Ragwort, “with the hope that Henry will charge a fee which reflects the starvation factor. Did you happen to gather any hint of why the matter was so urgent?”

“Well, I couldn’t say for certain, but what it sounded like to me was that they’d got another insider-dealing problem.”

Though we ordered and ate our meal at a leisurely pace, it was not until we were halfway through the second course that Selena at last arrived. She was obliged even now to eat in uncomfortable haste: her conference was not over but adjourned to the afternoon, and she had to be back in Chambers by quarter past two.

At ten past two she sighed and rose from her chair, gulping a last mouthful of black coffee. Finding myself in need of a little fresh air, I offered to keep her company on her way back to New Square.

“This is most kind of you, Hilary,” said Selena, as we stood waiting to cross Chancery Lane. “So few people would have worried about how lonely and miserable I might get walking back through Lincoln’s Inn all by myself—almost no one, in fact. Do you happen to have any particular topic of conversation in mind which might enliven our journey?”

“I was wondering,” I said, “if you might like to tell me about the insider-dealing problem at Renfrews’ Bank, relating to the most recent takeover.”

“My dear Hilary, whatever makes you think there is any such problem?”

“My dear Selena,” I said, “few questions are impenetrable to the mind of the trained Scholar.”

“You mean it’s your usual mixture of eavesdropping and guesswork. Well, I’m willing to admit it’s quite a good guess.”

“It seems likely, then, that the person who previously acted improperly for Isabella’s benefit has now decided to do so for his own. I suppose there is still no way of knowing which of them it was?”

“As it happens, that is a rather less good guess. As you know, Sir Robert made his decision to go ahead with the takeover just before Christmas, when he was at the villa in Cannes. He asked his two codirectors to join him there to discuss the steps to be immediately taken. Until they arrived at the villa, they didn’t know what the meeting was about. It wasn’t the sort of meeting where they needed lawyers present, but apart from that conditions were much the same as when I was there in the summer—that’s to say, all calls and fax messages from the villa were automatically recorded.”

We walked through the gateway into Old Buildings.

“Well, up to a point it all seemed to have gone smoothly. They had a busy day on the Tuesday, buying up the maximum number of shares permitted without making a public announcement, and the share price hardly moved at all. Which meant, of course, that there was no reason to suspect that there’d been any insider dealing. But in the past week someone did a more or less routine analysis of the dealing pattern in the period before the takeover and the results were rather disquieting. It showed, of course, a large number of purchases on the twenty-first of December, most of which were purchases by Renfrews’ clients in pursuance of their advice. But one of them wasn’t.”

“Ah,” I said, since some such comment seemed to be called for.

“You may well say so—the chances of its being a coincidence are almost nonexistent. The records don’t show the identity of the purchaser, only his stockbroker. The stockbroker wouldn’t disclose the identity of his client without a court order. And even then, it would probably be a nominee company registered in the Channel Islands or Liechtenstein or somewhere like that. But what it does show is the time the bargain was struck. And it shows that this particular bargain was struck at twenty to ten on the morning of the twenty-first of December.”

“Which in France would have been twenty to eleven?”

“Quite so. Which would mean, according to my instructions, that the order was placed immediately before that—at the outside, not more than ten minutes. And at that time, one of Sir Robert’s fellow directors was under surveillance and could not have made a telephone call. And the other wasn’t.”

We had reached the steps of 62 New Square.

“Sir Robert thinks the case proved. But I’ve told him that the first thing to do is put the accusation to the person he suspects. He wants to have his lawyers present when he does that, so he’s told the director in question to be here this afternoon.”

“But which of them is it?”

“Really, Hilary,” said Selena, pushing open the heavy oak door leading to the Clerks’ Room, “I would have thought that the trained mind of the Scholar…oh, bother.”

The entire floor space of the waiting room being at present occupied by piles of books, the accommodation
provided for visitors consisted of two rather uncomfortable chairs in the corridor outside the Clerks’ Room. One of these was occupied by Edgar Albany, who rose, however, on observing our presence, or rather on observing Selena’s—mine he seemed content to ignore.

“Ah, Miss Jardine. I want a word with you, young lady.”

“Good afternoon, Mr. Albany. I’m afraid I can’t discuss anything with you until Sir Robert arrives—he should be here very shortly.”

“Now look here, that just isn’t good enough, you know. I get a telephone call from the Chairman telling me to drop everything and be here straight after lunch because he has ‘a very grave matter’ to discuss with me and when I get here I’m kept hanging around in this bloody corridor like some bloody fourth-former outside the headmaster’s study being given time to think about what’s coming to him.”

“I’m sure,” said Selena, “that Sir Robert had no deliberate intention of keeping you waiting. As I understand it he asked you to be here at half past two. Naturally, I am extremely sorry that we can’t offer you a more comfortable place to sit, but our refurbishments—”

“I don’t give a damn about your bloody refurbishments. I just want to know what’s going on, and if the Chairman’s got a bone to pick with me about something why he has to do it in some damned lawyer’s office instead of back in his office at Renfrews’. And don’t tell me you don’t know, because I bloody well shan’t believe you.”

“I have no intention of telling you anything of the kind. Sir Robert has a matter which he wishes to discuss with you and feels it desirable to do so in the presence
of his lawyers—that is to say, Mr. Vavasour and myself. If, having heard what he has to say, you feel that you don’t wish to make any comment until you can instruct lawyers on your own behalf…”

“Christ Almighty, you sound like a policeman saying anything I say may be taken down and used in evidence. Anyone would think I’d done something criminal. Well, let me tell you—”

He broke off suddenly, making a curious noise which was not precisely a gasp nor exactly a groan nor strictly speaking a rattle but somehow participating in the qualities of all these, and stood staring with an expression of alarm at the doorway behind us, as if some hideous spectre had appeared there.

Upon following the direction of his gaze, I saw nothing more alarming than the graceful figure of Ragwort.

Sir Robert and his solicitor were mounting the steps behind him. Becoming aware of this, Ragwort stood courteously aside to allow them to precede him through the doorway.

Selena greeted them with perceptible relief and proposed that they should all now proceed to her room.

“I’m not going anywhere,” said Albany, “until I know what’s going on. And what that man is doing here. And what lies he’s been telling about me.”

Sir Robert gazed at him with astonishment and a measure of disapproval.

“What man? My dear Edgar, you seem to be overwrought.”

“I’m not going another step till you tell me what this is all about.”

“Well, Edgar, if you insist on my telling you in this not very private place, then I have to tell you that it is
my painful task to enquire into an incident which occurred on the morning of the twenty-first of December. When, as you may recall, you and Geoffrey Bolton were visiting me in Cannes.”

Albany’s response to this was to lunge forward and attempt to strike Ragwort on the nose. Ragwort moved adroitly aside. Albany overbalanced and fell to the ground. He appeared, having done so, unable or disinclined to rise.

“Edgar,” said Sir Robert, “have you gone quite mad?”

“I don’t know what he’s told you, but whatever it is I deny it. He’s a liar and a blackguard.”

Though I felt little inclination to sympathise with Albany, the duty of the Scholar is to the Truth. I felt it my duty to intervene.

“Mr. Albany,” I said, “before you deny what Mr. Ragwort has to say, do you not think it prudent to find out what it is?”

“I know damn well what it is, and it’s all lies. And who the hell are you?”

“My name,” I said, “is Hilary Tamar. Professor Hilary Tamar, of St. George’s College, Oxford. I am a friend of Miss Jardine and Mr. Ragwort, with whom I have been lunching. I do, however, have some knowledge of legal matters, and I would strongly advise you to find out what you are accused of before you attempt to rebut the accusation.”

“Get stuffed,” said Albany.

“Sir Robert,” I said, unsurprised by Albany’s ingratitude, “I believe that Mr. Albany may be labouring under a misapprehension. I suggest that you tell him the precise nature of your accusation.”

“Professor Tamar,” said Mr. Vavasour icily, “I am sure that you mean well. But Sir Robert is not in the habit of
taking the advice of total strangers on the conduct of his affairs.”

Sir Robert’s reaction to this was rather curious. He stood as if struck by some sudden revelation and a gentle smile spread over his chubby features.

“No,” he said at last. “No, as Mr. Vavasour says, I do not usually do that. And yet…really, how extraordinary. Yes, in spite of that, Professor Tamar, I shall take your advice. Edgar, on the morning of the twenty-first of December, a purchase was made of shares in a certain company. The evidence compels me to ask you whether you were the purchaser.”

“What evidence? What shares? I’m sorry, Uncle Robert, but I haven’t the faintest idea what you’re talking about.”

“A significant number of shares in the company which we discussed the evening before over dinner at El Maroc. I’m sure you will realize how unlikely it would be for anyone to have bought those shares, by pure coincidence, who was unaware of the decision reached during that discussion.”

“Oh, I get it.” Albany pulled himself up to a sitting position and sat with his back to the wall, staring at Sir Robert with an expression of bitterness in his round blue eyes. “Oh yes, now I get it—someone’s done a spot of insider dealing and I’m the main suspect. Just as a matter of interest—I mean, I know you’ve only known me since I was born, I know I’m only the great-grandson of one of the Bank’s founders, I know I only went to a decent school and a decent University instead of going to evening classes, so I quite see I’m the number-one suspect—but just as a matter of interest, do you mind telling me why that little bounder Bolton isn’t even in the frame?”

“The purchase took place at twenty to eleven, which means, as you know, that instructions must have been given immediately before that time. Geoffrey Bolton was with me throughout the morning, and almost continuously engaged in making telephone calls in connection with the proposed takeover, all of which were recorded. It would not have been possible for him to have given instructions for any private purchase without my knowledge. You, on the other hand, went out at about ten o’clock, saying that you didn’t feel you had anything to contribute to the proceedings, and after that …”

“Well, I didn’t, did I? Bolton obviously thought he could handle the whole thing on his own, and you obviously agreed with him, so there wasn’t much point in me hanging around, was there?”

“I’m not criticising you for going out. I am saying merely that your movements during the morning are unknown to me. Miss Tavistock happened to be doing some shopping in the square and she has told me that you were sitting in a café there until about quarter past ten. After that she unfortunately lost sight of you and you did not return to the villa until after twelve. Are you prepared to tell us what you were doing during that time?”

BOOK: The Sibyl in Her Grave
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