He switched off the heat under the coffee percolator, muted the volume of the record player and picked up the receiver. "Kuryakin."

The girl at the other end of the wire said brightly, "Good morning. I hope I didn't disturb anything."

"Only my dreams. In another ten minutes I would have been in bed."

"Too bad," she sympathized. "No beddy-byes for you, I'm afraid. The big white chief is waiting."

"That man!" he said bitterly. "He knows I've been up all night."

"So sue him," she advised. "In ten minutes, okay?"

"I'll be there."

He replaced the receiver, set the coffeepot boiling again, and began to dress.

Exactly ten minutes later he paid off his cab in front of Del Floria's tailoring shop in the middle of a brownstone block near the United Nations headquarters. He ran down the three steps into the shop, took off his jacket and handed it to the little gray-haired Italian. He said, "The usual."

Del nodded and pushed the button by the side of his pressing machine. Illya walked into the third "try-on" cubicle at the back of the shop, drew the curtain and turned a clothes-hook on the rear wall. The wall swung away silently and he walked through to the admissions desk.

The girl at the desk had watched his entry on her closed-circuit TV screen and was ready with the white badge which would admit him to the third floor — the domain of U.N.C.L.E.'s Policy and Operations Department. She pinned the badge to his lapel almost caressingly. The sober-faced little Russian had that effect on most women.

Illya stepped into the elevator and rode up to the third floor. He went to the armory, drew his favorite P38 automatic pistol, checked the mechanism and tucked it into the shoulder holster under his left arm. Then he walked along the corridor to Mr. Alexander Waverly's private office.

There were two men in the room. Mr. Waverly, the lean, dry chief of Section 1 (Policy and Operations), was standing by the big window which looked out on the East River and the United Nations building. Napoleon Solo, chief enforcement agent for U.N.C.L.E., sat at the huge O-shaped table which dominated the room. Before him were stacked neat piles of currency — kroner, Reichmarks, dollars and pounds.

Illya said, "Good morning. Going into Wall Street?"

Mr. Waverly turned. "Ah! Mr. Kuryakin. Thank you for coming so promptly. You will be flying to Britain in an hour. So sit down, please, and read these."

Illya took the three sheets and scanned them, lingering over the third.

"Blodwen appears to have a sense of humor," he said.

"I am glad you think so," Mr. Waverly said coldly.

"'Brown bird singing,'" Illya read aloud. "That's obviously our old friend Thrush. But 'bumper bundle mintwise'?"

Mr. Waverly gestured toward the stacks of notes on the O-shaped table. "Those are specimens. What do you make of them?"

Illya picked up a five-hundred-kroner note, an American ten-dollar bill and an English five-pound note. He took them across to the window and examined them carefully. "They look all right to me," he said at last.

"You would be prepared to spend them?"

His eyes lit up hopefully. "Can I?"

"If you did, you would inevitable end in jail," Mr. Waverly said. "They are all forgeries."

"But they're perfect!"

"Almost perfect," Napoleon Solo corrected. "In every case the paper is slightly wrong. Take the Bank of England notes: they look right and they feel right — but the metal thread running through the paper is fractionally too thick. There's a similar infinitesimal flaw in all the others. But the printing is fantastically good. The forgers have either got access to the original plates — which on the face of it is impossible — or else they've succeeded in making exact copies."

"That's been done before," Illya said. "Some kind of photographic process."

Mr. Waverly shook his head. "No. With a photographic reproduction, the same number appears on every note. On those, you will observe, the numbers are random."

"Then how is it done?"

"That," said Mr. Waverly, "is what you are flying to Britain to find out. We know neither how nor where the notes are made. But we must find the answer quickly. You are intelligent enough to realize the disaster which would follow if Thrush were allowed to flood the world's markets with these almost undetectable forgeries. There would be financial panic. The economy of every country would collapse like the proverbial house of cards."

Illya nodded. "I see that. But what's the background? Blodwen's 'street fatality' doesn't tell me much."

Mr. Waverly sat down at the table, took a brier pipe from the pocket of his shabby tweed jacket and began to turn it between his hands. He said, "I can give you only the facts as Blodwen has reported them. An unidentified man arrives in the important Welsh seaport of Newport, Monmouthshire, and visits two inns in Market Street. For all we know, he may already have visited other establishments in the town. He is obviously a stranger to the district. He speaks with an uneducated English accent, nothing like the local intonation, and he has to find a Welsh doll to know that he has come to the right place."

"Couldn't he have been told the name of the inn?" Solo objected. "Wouldn't that be above the door?"

"It was painted along the entire length of the front wall above the window," Mr. Waverly said. "That might argue, of course, that our man was illiterate."

"Or the doll could have been a signal?"

"No. We checked that. The doll had stood on the shelf for many months. But let me continue---

"The man orders a pint of bitter, which he does not drink. He sits at a table, plainly waiting for someone. Two men come through the door. Our man panics. He dashes out into the street, straight under the wheels of a truck. Immediately, bank notes worth a small fortune are scattered all over the road. When his body is taken to the morgue, more bundles of notes are found stitched inside his trenchcoat and suit linings. As nearly as we can estimate he was carrying on his person assorted forged currency to the face value of one hundred thousand dollars."

Illya whistled soundlessly. He said, "And no clue to where he came from?"

"None. His description was circulated to police stations, published in the evening newspapers and broadcast over radio and television. Nobody has come forward to identify him. Inquiries are proceeding, but you must remember that Newport is a town of more than one hundred and five thousand inhabitants, with a large floating population of seamen — to say nothing of the people who come in and out from the mining valleys and from the Welsh capital, Cardiff, only a few miles away."

Solo asked, "What about the two men who frightened him?"

Mr. Waverly said, "We have checked them. They were tunnelers working on one of the big Monmouthshire motorway projects. They were on vacation in Newport and just happened to stop at the inn for a drink. Probably, as the barmaid suggested, our man took them for detectives."

Illya picked up the third telegram. "'Needle haystackwise,'" he quoted. "Lady, you ain't kidding."

Mr. Waverly put the unlighted pipe back in his pocket and stood up with an air of finality.

"You have not much time to catch your plane, Mr. Kuryakin," he said. "You will fly direct to Rhoose, the Cardiff airport, and a car will take you on to Newport. Contact Blodwen as soon as you arrive. Is there anything else you wish to know?"