Solution—The Stolen Formula

In a small room the intruder would have heard Ryder dialing headquarters and therefore could not have been unaware of his presence. As Ryder had obviously lied about this, Fordney was convinced he had fabricated the entire story in order to sell the formula twice.

* * * *

DON’T TELL ME OF DECEPTION; A LIE IS A LIE; WHETHER IT BE A LIE TO THE EYE OR A LIE TO THE EAR.

—Dr. Johnson