‘The entrance was nicely handled,’ I said.

He smiled and nodded. ‘We are a theatrical race,’ he said. ‘That is why, when an Italian is executed, he dies well. He may not like the result, but he enjoys the moment. Now, you will see. We shall be very quiet and he will talk for a long time. We know this slittovia as well as we know our own hotels. But he will describe it to us as though we had never seen it. He will make the lyric of the description. He will become excited. He will make gestures. It will be the grand performance. And then, when he is exhausted, I shall make the bid and it will be sold for what has already been arranged. It is all very un-English,’ he added with a sly twinkle. ‘But I am glad you are amused. If you were not amused, you would be bored, and that would make me sad.’

The hammer crashed on to the table top again. The room stopped talking. The curtain had been rung up. The performance had begun. The auctioneer began reading the conditions of sale. He slipped through it rapidly. It gave him no scope. But then came the reasons for the sale. He told of its original purchase by the ‘miserable’ Sordini from the collaborator who had once owned the Excelsior. He told of Sordini’s arrest, of the ‘world-shaking’ news that he was Heinrich Stelben, a German war criminal wanted for the most ‘terrible, fearful and blood-thirsty crimes against the Italian and British peoples’. He drew a word portrait of this ‘madman’. He touched briefly on the crimes of the ‘terrible tedesci’, and barely saved himself from a short history of how the Italian people had been ‘roused by terrible and barbaric acts’ and had forced the ‘hated’ Germans to surrender. Then suddenly, pianissimo, he began to describe the slittovia and the hut on Col da Varda. Gradually he whipped himself into a lyrical frenzy — it was a ‘stupendous’ opportunity for an astute business man with ‘grand’ ideas, an incredibly beautiful property, thoroughly equipped by ‘brilliant German engineers’, a ‘small hotel with a finer panoramic view than the Eagle’s Nest at Berchtesgaden’.

Then suddenly his voice ceased. The room was silent as though the performance had taken everyone’s breath away. At any moment I expected a wild outburst of applause. Surely they must demand an encore. But the room remained silent. The auctioneer ran his fingers through his long hair, which had fallen in dank strands across his face. His thin features wore a disappointed look. He pushed his glasses-farther back on his long nose and offered the property for sale in a cold matter-of-fact voice.

‘Due cento cinquanta mila.’ Mancini’s voice was quiet and there was a tired air of finality about the offer. A quarter of a million lire. The auctioneer pretended to be aggrieved. That was the low reserve placed on the property by the Government. Mancini had doubtless put in some hard social work to get the figure down as low as that. The auctioneer called for further bids. But he knew it was hopeless. He knew it was all arranged. His brief moment was over. He was no longer interested. He gave a shrug and raised his hammer.

‘Tre cento mila.’ The voice was quiet and smooth. A sudden flood of surprised volubility swept the room. Heads were turned, necks craned. I knew the voice before I picked out his neat little figure strategically placed where the sunlight fell on him in a shaft from one of the tall windows. It was Valdini. His chest, gaily coloured like the plumage of some elaborate tropical fowl, was puffed out importantly. His dark rubbery face beamed as he held the limelight.

Mancini was talking rapidly to the men around him. He was literally quivering with anger. I turned to Mayne to make some comment. But he did not appear to hear me. He was leaning forward, gazing at Valdini with intense interest. He was smiling slightly and there was a glint in his eyes — of amusement or excitement, I could not tell which.

The auctioneer was clearly astonished. He asked Valdini if he had heard correctly. Valdini repeated his bid — three hundred thousand lire. All eyes were turned to Mancini, to see what the great man would do. He had recovered himself. One of his friends slipped quietly out of the room. Mancini lit a cigarette, settled himself more comfortably in his chair and raised the bidding ten thousand.

Valdini did not hesitate. He went straight up to four hundred thousand. ‘And ten,’ said Mancini.

S3 ‘Fifty,’ came from the window. Mancini raised to sixty. Valdini jumped to five hundred thousand. So it went on, Mancini going up in tens and Valdini in fifties till they hit the million. Word of the duel had spread quickly through the hotel. People were standing thick about the door.

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