A mysterious one-eyed stranger, a midnight meeting at a lonely spot on the Scottish border, the secret password "Panama", and a corpse This is the situation Hugh Moneylaws, a young law clerk finds himself facing. Who murdered the man he was sent to meet, and why? With the only two men who knew the purpose of the meeting dead, it would seem a puzzle that would never be solved. Yet to save himself and his fiance, Hugh must solve the puzzle of the "Dead Men's Money".