LITMIR.BIZ

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‘Campanilla is snowballing,’ he said. ‘More particularly, there’s a building boom. They’re putting up hotels so fast that if your bedroom isn’t built when you check in, you still sleep sound that night. Money is flowing like champagne and caviar has become a staple food. That’s what happens when the palsied hand of the British Raj is shrugged off.’

      ‘Never mind the economics lecture,’ I said acidly. ‘Where did Salton come in?’

      ‘He was a property man through and through – that’s how he made his fortune in America. He got himself some nice tracts of land and started to cover them with ticky-tacky. He needed development capital, which we supplied. End of story.’

      ‘It is for Salton. What about you – how safe is your money now?’

      ‘Reasonably safe. Salton wasn’t a fly-by-nighter, and he was building for the locals, not the speculative stuff for middling-rich, middle-class immigrants who want a place in the sun to retire to. Although it wouldn’t have been altogether a bad thing if he’d tried that. We wouldn’t have touched it, though.’

      ‘Who runs things now that Salton is dead?’

      ‘That is a bit worrying,’ admitted Costello. ‘He was always a loner – kept things very much in his own hands – although he had a good manager, a man called Idle.’

      ‘My God,’ I said. ‘That name doesn’t sound too promising.’

      Costello chuckled. ‘It isn’t as bad as it sounds. I took the trouble to look it up. It’s from the Welsh, Ithel, meaning “Lord Bountiful”.’

      ‘Could be worse.’

      He grinned. ‘Idle, Mrs Salton and a firm of lawyers are running the show now. They’re not doing too badly so far.’

      ‘How far? When did Salton die?’

      ‘The boat was discovered two weeks ago. You going out there?’

      ‘The chairman insists. What fuels this economic miracle on Campanilla?’

      ‘Much as I regret to say,’ said Costello, not looking regretful at all, ‘it’s gambling. Of course, there are a lot of other angles, too. Campanilla has turned itself into an off-shore financial paradise with a set of fiscal laws that make the Cayman Islands look positively restrictive. You’ve heard of Bay Street in Nassau?’

      ‘The mecca of the Bahamas.’

      ‘Capital is leaving there so fast that the bankers are catching pneumonia from the draught. Campanilla has its very own version: Cardew Street.’

      ‘And you put three million of the company’s money into Cardew Street?’ I said.

      ‘Safe as houses, dear boy,’ said Costello. ‘As long as they were Salton’s houses.’

      II

      Eight hours later I was on a 747 taking off from Heathrow and heading for Campanilla by way of Miami. I travelled first-class, of course; it was written into my service agreement with the company. Somewhere behind me, in the back of this flying barn and jostled by the common ruck of economy flight passengers, was Owen Ogilvie, the official representative of Western and Continental Insurance Co. Ltd. To an eye untainted by suspicion, he was the company man sent out to enquire into the death of David Salton. He would do the expected and leave me to a quiet and restful anonymity.

      Jolly disapproved of my service agreement; it offended his sense of the fitness of things. There was nothing he could do about it though, since I negotiated directly with the board.

      During the flight I studied Salton’s policies. They were all fairly standard and with no trick clauses and I couldn’t see how Jolly could weasel his way out of paying. Whether Salton had died naturally, been murdered or committed suicide, the payment would have to be made. All that was at issue was the timescale and the most that Jolly could extract would be the interest on £500,000 for two years – say £90,000, or thereabouts.

      Not finding much there, I went up to the bar which the airline thoughtfully provides for those of the jet set who can afford first-class passage. I took with me a handbook on Campanilla, which the efficient Mrs Hadley had dug up from somewhere. It offered interesting reading over a drink.

      The highlights of this Caribbean jewel appeared to be the climate, the swimming, the sailing, the fishing, the cuisine and the tax structure. Especially the tax structure. The main feature of the tax structure was that there wasn’t much of it. If the United States was the Empire State Building, then Campanilla was a marquee – all roof with nothing much to hold it up, and vulnerable to financial gales.

      I examined the historical section. Campanilla was originally Spanish, colonised in the sixteenth century. The British took over in 1710 during one of the fast shuffles of the War of the Spanish Succession and stayed until the twentieth century, when to have colonies offended world opinion. During this period it was called Bell Island but, on attaining independence, it reverted to the Spanish name of Campanilla. Probably some public relations geek thought it a more exotic and fitting name for a tropical paradise.

      The fold-out map at the back of the handbook showed that the island really was bell-shaped. The lower rim of the bell was scooped out in a huge bay and the clapper was formed by Buque Island, separated from the main island by Pascua Channel. Opposite Buque Island was the capital of San Martin. Two misshapen peninsulas on opposite coasts represented the trunnions by which the bell would be hung. Northwards, at the top of the ‘bell’, was a coral formation, almost atoll-like, forming a perfect ring called El Cerco, which represented the ring to which the bell rope would be attached. Nature was imitating art in a big way.

      Further study was profitless so I slept.

      III

      My hotel in San Martin grandly called itself the Royal Caribbean. It was new, which just goes to show that there is no one more royalist than a good republican. The foyer was lined with one-armed bandits which, on inspection, proved to be fuelled by silver dollars. All around could be heard the cadences of American speech from the guests and the slurred English of the Campanillans who worked there.

      On my way in from Benning, the island’s international airport, two things had struck me: the smell of prosperity and the oppression of the heat. Both were almost tangible. San Martin, a clean and well-scrubbed town, was fringed on the skyline with cranes as new high-rise buildings went up. The traffic in the streets was heavy – flashy American cars driving incongruously on the left, British-style. The shops in the main streets were opulent and the crowds thronging the pavements were, on the whole, well-dressed. As for the heat, it had hit me like a wall as soon as I stepped off the plane. Even at this time of year, it was enough to make a pallid Englishman gasp.

      I checked in at the hotel, showered off the stickiness, and went down again to sniff some more atmosphere. On the way out I stopped at the desk, and asked, ‘I suppose you have a newspaper here?’

      ‘Yes, sir; the Chronicle. You can buy a copy at the news stand there.’

      ‘Where is the Chronicle office?’

      ‘Cardew Street, sir. Two blocks along and turn right.’

      There is nothing like reading the local paper for picking up a quick feel of a place. A newspaper is a tribal noticeboard which tells you what people are doing and, to a certain extent, thinking and saying. I’m a behaviourist myself and take more notice of what people do rather than what they say. The old saw ‘actions speak louder than words’ is truer than most proverbs, and I wanted to find out what people had been doing round about the time Salton had died.

      I walked along the street in the hot sun and stopped at the first men’s outfitters I came to. I bought a light, linen suit more in tune with the climate than the one I was wearing, and paid for it by credit card, which was accepted without question. I wore the new suit and asked that the old one be sent to the hotel. Then I carried on towards

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