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convert every ship in the Navy in a tenth the time we had figured."

Then they both looked at the third man, a civilian.

He nodded complacently. "And at a tenth the cost, gentlemen," he said mildly. "North American Carbide & Metals can produce these units cheaply, and at a rate that will enable us to convert every ship in the Navy within the year."

Captain Lacey shot a glance at Lieutenant Commander Wayne. "All this is strictly Top Secret you understand."

"Yes, sir; I understand," said Wayne.

"Very well." He looked back at the civilian. "Are we ready, Mr. Thorn?"

"Anytime you are, captain," the civilian said.

"Fine. You have your instructions, commander. Carry on."

"Aye, aye, sir," said Lieutenant Commander Wayne.

* * * * * * * * * *

A little less than an hour later, Captain Lacey and Mr. Thorn were in the dining room of one of the most exclusive clubs in New York. Most clubs in New York are labeled as "exclusive" because they exclude certain people who do not measure up to their standards of wealth. A man who makes less than, say, one hundred thousand dollars a year would not even qualify for scrutiny by the Executive Committee. There is one club in Manhattan which reaches what is probably close to the limit on that kind of exclusiveness: Members must be white, Anglo-Saxon, Protestant Americans who can trace their ancestry as white, Anglo-Saxon, Protestant Americans back at least as far as the American Revolution without exception, and who are worth at least ten millions, and who can show that the fortune came into the family at least four generations back. No others need apply. It is said that this club is not a very congenial one because the two members hate each other.

The club in which Lacey and Thorn ate their dinner is not of that sort. It is composed of military and naval officers and certain civilian career men in the United States Government. These men are professionals. Not one of them would ever resign from govern

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