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Bond saw the cold eyes getting chillier, but he was determined not to let his admiration for Drax’s achievements be dampened by the older man. «After all, sir,» he continued reasonably, «it looks as if he’s made this country safe from war for years. And he can’t be much over forty. I feel the same as most people about him. And then there’s all this mystery about his real identity. I’m not surprised people feel rather sorry for him, although he is a multi-millionaire. He seems to be a lonely sort of man in spite of his gay life.»

M. smiled drily. «All that sounds rather like a trailer for the Express story. He’s certainly an extrordinary man. But what’s your version of the facts? I don’t expect I know much more than you do. Probably less. Don’t read the papers very carefully, and there are no files on him except at the War Office and they’re not very illuminating. Now then. What’s the gist of the Express story?»

«Sorry, sir,» said Bond. «But the facts are pretty slim. Well,» he looked out of the window again and concentrated, «in the German break-through in the Ardennes in the winter of ’44, the Germans made a lot of use of guerrillas and saboteurs. Gave them the rather spooky name of Werewolves. They did quite a lot of damage of one sort or another. Very good at camouflage and stay-behind tricks of all sorts and some of them went on operating long after Ardennes had failed and we had crossed the Rhine. They were supposed to carry on even when we had overrun the country. But they packed up pretty quickly when things got really bad.

«One of their best coups was to blow up one of the rear liaison HQs between the American and British armies. Reinforcement Holding Units I think they’re called. It was a mixed affair, all kinds of Allied personnel—American signals, British ambulance drivers—a rather shifting group from every sort of unit. The Werewolves somehow managed to mine the mess-hall and, when it blew, it took with it quite a lot of the field hospital as well. Killed or wounded over a hundred. Sorting out all the bodies was the hell of a business. One of the English bodies was Drax. Half his face was blown away. Total amnesia that lasted a year and at the end of that time they didn’t know who he was and nor did he. There were about twenty-five other unidentified bodies that neither we nor the Americans could sort out. Either not enough bits, or perhaps people in transit, or there without authorization. It was that sort of a unit. Two commanding officers, of course. Sloppy staff work. Lousy records. So after a year in various hospitals they took Drax through the War Office file of Missing Men. When they came to the papers of a no-next-of-kin called Hugo Drax, an orphan who had been working in the Liverpool docks before the war, he showed signs of interest, and the photograph and physical description seemed to tally more or less with what our man must have looked like before he was blown up. From that time he began to mend. He started to talk a bit about simple things he remembered, and the doctors got very proud of him. The War Office found a man who had served in the same Pioneer unit as this Hugo Drax and he came along to the hospital and said he was sure the man was Drax. That settled it. Advertising didn’t produce another Hugo Drax and he was finally discharged late in 1945 in that name with back pay and a full disability pension.»

«But he still says he doesn’t really know who he is,» interrupted M. «He’s a member of Blades. I’ve often played cards with him and talked to him afterwards at dinner. He says he sometimes gets a strong feeling of ‘having been there before’. Often goes to Liverpool to try and hunt up his past. Anyway, what else?»

Bond’s eyes were turned inwards, remembering. «He seems to have disappeared for about three years after the war,» he said. «Then the City started to hear about him from all over the world. The Metal Market heard about him first. Seems he’d cornered a very valuable ore called Columbite. Everybody was wanting the stuff. It’s got an extraordinarily high melting point. Jet engines can’t be made without it. There’s very little of it in the world, only a few thousand tons are produced every year, mostly as a by-product of the Nigerian tin mines. Drax must have looked at the Jet Age and somehow put his finger on its main scarcity. He must have got hold of about £10,000 from somewhere because the Express says that in 1946 he’d bought three tons of Columbite, which cost him around £3000 a ton. He got a £5000 premium on this lot from an American aircraft firm who wanted it in a hurry. Then he started buying futures in the stuff, six months, nine months, a year forward. In three years he’d made a corner. Anyone who wanted Columbite went to Drax Metals for it. All this time he’d been playing about with futures in other small commodities—Shellac, Sisal, Black Pepper—anything where you could build up a big position on margin. Of course he gambled on a rising commodity market but he had the guts to keep his foot right down on the pedal even when the pace got hot as hell. And whenever he took a profit he ploughed the money back again. For instance, he was one of the first men to buy up used ore-dumps in South Africa. Now they’re being re-mined for their uranium content. Another fortune there.»

M’s quiet eyes were fixed on Bond. He puffed at his pipe, listening.

«Of course,» continued Bond, lost in his story, «all this made the City wonder what the hell was going on. The commodity brokers kept on coming across the name of Drax. Whatever they wanted Drax had got it and was holding out for a much higher price than they were prepared to pay. He operated from Tangier—free port, no taxes, no currency restrictions. By 1950 he was a multi-millionaire. Then he came back to England and started spending it. He simply threw it about. Best houses, best cars, best women. Boxes at the Opera, at Goodwood. Prize-winning Jersey herds. Prize-winning carnations. Prize-winning-two-year-olds. Two yachts; money for the Walker Cup team; £100,000 for the Flood Disaster Fund; Coronation Ball for Nurses at the Albert Hall—there wasn’t a week when he wasn’t hitting the headlines with some splash or other. And all the time he went on getting richer and the people simply loved it. It was the Arabian Nights. It lit up their lives. If a wounded soldier from Liverpool could get there in five years, why shouldn’t they or their sons? It sounded almost as easy as winning a gigantic football pool.

«And then came his astonishing letter to the Queen: ‘Your Majesty, may I have the temerity…’ and the typical genius of the single banner-line across the Express next day: TEMERITY DRAX, and the story of how he had given to Britain his entire holding in Columbite to build a super atomic rocket with a range that would cover nearly every capital in Europe—the immediate answer to anyone who tried to atom-bomb London. £10,000,000 he was going to put up out of his own pocket, and he had the design of the thing and was prepared to find the staff to build it.

«And then there were months of delay and everyone got impatient. Questions in the House. The Opposition nearly forced a vote of Confidence. And then the announcement by the Prime Minister that the design had been approved by the Woomera Range experts of the Ministry of Supply, and that the Queen had been graciously pleased to accept the gift on behalf of the people of Britain and had conferred a knighthood on the donor.»

Bond paused, almost carried away by the story of this extraordinary man.

«Yes,» said M. «Peace in Our Time—This Time. I remember the headline. A year ago. And now the rocket’s nearly ready. ‘The Moonraker’. And from all I hear it really should do what he says. It’s very odd.» He relapsed into silence, gazing out of the window.

He turned back and faced Bond across the desk.