come a, n, i, r, s, and c. But as they stand they all mean nothing. It is possible that this may be one of the difficult variable letter cyphers, which Hewitt might read, but I can't. But even then, if the values of the letters change as they would do, they would get out of their normal proportions of frequency; so that a variable letter cypher seems unlikely. And there is another oddity. Look, and you will see that, counting the noughts in, the letters go in groups of eight, with a semi-colon at the end of each group. Now, it is impossible that the message can be a sentence in which every word has exactly eight letters—or, at least, I should think so. It can scarcely be that the semi-colon itself means a letter—it would be singular for one letter to occur with such curious regularity as that. There is no other visible division between the words, nor any single one of the usual aids by which the reader of secret cypher is able to take a hold of his work. No, I'm afraid I must give it up; for the present, at any rate. But I really think it is a thing that would vastly interest Hewitt, if I might show it to him. I suppose I mustn't?"
"Well," McCarthy answered, "perhaps it isn't strictly according to rule, but I think I might venture to lend it to you till to-morrow, if that will do. Indeed, I think, on second thoughts, that I
