Free The Spoilers / Juggernaut by Desmond Bagley Page B

mind jerked into gear almost visibly. After a moment he said, ‘There must be a devil of a lot of heroin going into the States.’
    ‘Not much,’ said Warren. ‘Not in absolute bulk. I daresay the illegal intake is somewhere between two and three tons a year. You see, the heroin as sold to the addict is diluted with an inert soluble filler, usually lactose—milk sugar. Depending on whether he’s being cheated—and he usually is—the percentage of heroin will range from one-half to two per cent. I think you could take a general average of one per cent.’
    Hellier was figuring again. He drew forward a sheet of paper and began to calculate. ‘If there’s a sixteen-hundredth of an ounce of pure heroin in a shot, and the addict pays, say, $6.50…’ He stopped short. ‘Hell, that’s over $10,000 an ounce!’
    ‘Very profitable,’ agreed Warren. ‘It’s big business over there. A pound of heroin at the point of consumption is worth about $170,000. Of course, that’s not all profit—the problem is to get it to the consumer. Heroin is ultimately derived from the opium poppy, papaver somniferum , which is not grown in the States for obvious reasons. There’s a chain of production—from the growing of the poppy to raw opium; from the opium to morphine; from morphine to heroin.’
    ‘What’s the actual cost of production?’ asked Hellier.
    ‘Not much,’ said Warren. ‘But that’s not the issue. At the point of consumption in the States a pound of heroin is worth $170,000; at the point of the wholesaler inside the States it’s worth $50,000; at any point outside the States it’s worth $20,000. And if you go right back along the chain you can buy illicit raw opium in the Middle East for $50 a pound.’
    ‘That tells me two things,’ said Hellier thoughtfully. ‘There are high profits to be made at each stage—and the cost at any point is directly related to the risks involved in smuggling.’
    ‘That’s it,’ said Warren. ‘So far the trade has been fragmented, but rumour has it that a change is on the way. When the French gang was busted it left a vacuum and someone else is moving in—and moving in with a difference. The idea seems to be that this organization will cut out themiddlemen—they’ll start with the growing of the poppy and end up with delivery inside the States of small lots in amy given city. A guaranteed delivery on that basis should net them $50,000 a pound after expenses have been met. That last stage—getting the stuff into the States—is a high risk job.’
    ‘Vertical integration,’ said Hellier solemnly. ‘These people are taking hints from big business. Complete control of the product.’
    ‘If this comes off, and they can sew up the States, we can expect an accelerated inflow into Britain. The profits are much less, but they’re still there, and the boys won’t neglect the opportunity.’ Warren gestured with his hand. ‘But this is all rumour. I’ve put it together from a hundred whispers on the grapevine.’
    Hellier laid his hands flat on the desk. ‘So now we come to your facts,’ he said intently.
    ‘I don’t know if you could dignify them by that name,’ said Warren tiredly. ‘Two names and a place. George Speering is a pharmaceutical chemist with a lousy reputation. He got into trouble last year in a drug case, and the Pharmaceutical Society hammered him. He was lucky to escape a jail sentence.’
    ‘They…er…unfrocked him?’
    ‘That’s right. This crowd will need a chemist and I heard his name mentioned. He’s still in England and I’m keeping an eye on him as well as I can, but I expect him to go abroad soon.’
    ‘Why soon? And how soon?’
    Warren tapped the desk calendar. ‘The opium crop isn’t in yet, and it won’t be for a month. But morphine is best extracted from fresh opium, so as soon as this gang have enough of the stuff to work on then Speering will get busy.’
    ‘Perhaps we should keep a closer watch on Speering.’
    Warren