The inspector nodded and glanced over his shoulder. “You’ve hit it,” he agreed. “It’s only a guess, mind you, but some facts told me by Miss Noelson rather bear it out. The sea is, she told me, about a mile away from the house. Larry as you know has his own yacht. I’m not much of a sailor, but if it was possible to bring that yacht reasonably near inshore, it would explain how a lot of the stuff that has passed through Larry’s hands got out of the country without our people getting a smell of it.”

“You mean that the house is a depot for stolen goods.”

“Exactly.”

“Then why shouldn’t Larry use the yacht to get away?”