"What are the obligations?" asked Thorpe after a little pause.

"Of all companies?"

"Of course."

"About two millions as nearly as I can get at them."

"And to us?"

Brewster handed over a slip of paper. "This is a copy of what I forwarded yesterday."

The older man's brows cleared a little. The combined overdraft was just over a hundred thousand, against which the bank held Philadelphia acceptances which he knew would be met. He glanced over the statement again.

"You've looked after this extremely well. Now what do you want me to do?"

Brewster drew a long breath. "I don't want you to take my word for anything, but come up and see for yourself. Go into the woods and up to the mines and through the entire works—then come to your own conclusions. It may be I'm too near the thing to get the right perspective, but I give it to you as I see it."

Thorpe nodded. "I know you have and your branch has done extremely well."