"Seven different lumbermen have offered to contract for ten thousand cords a year. That's all I had time to talk to. The point is that each has individual knowledge of good stands of timber in his own locality but the thing has never been collated. Now look here," went on Clark, with a new light in his gray eyes—"there's power and wood; excellent transportation; iron ore—without question—in the hills; limestone at hand; cheap labor; no local competition, and—"

"Wait a minute," struck in Wimperley hastily and pressed a bell.

"Telephone Mr. Riggs and Mr. Stoughton and see if they can come over for a moment," he said to his secretary, then, turning to Clark, "better wait for them."

Silence fell in the office. Both men were thinking hard. Wimperley, beginning to be resigned, had, in a burst of revolt, visualized Riggs and Stoughton as those most likely to help with the barricade which Clark was already beginning to shatter, and Clark, his face as imperturbable as ever, marveled not at all at his own influence, but was busy reviewing the strategic moves which were to convert the two for whom he waited. Presently they entered, shook hands with a certain stiffness and sat down. A glance at Clark revealed the reason for Wimperley's summons. They, too, had in former years come under the spell.

"Now," said Wimperley briefly.

Clark recapitulated, and the three listened, their faces devoid of expression save when their eyes involuntarily sought each other.

The voice went on vibrant and compelling. "We can turn out seventy-five thousand tons of pulp a year at a profit of six dollars a ton. There is an abundance of hard wood for veneer mills. I have five hundred acres of land adjoining the power canal; it is crossed by the Transcontinental Railway; I have been to Ottawa and am promised a bonus of ten thousand dollars a mile for such railways as we may build. The balance of the cost will be met by the sale of lands thus developed, and thus the railways will not mean any permanent investment on our part, but we will, nevertheless, own them. I am also authorized to divert from the rapids any water I may require for power. I have been to see the Provincial Government and am promised exclusive control of any mineral or lumber areas applied for. The market for pulp is very good and will shortly be better owing to the exhaustion of areas which have been cut over too long. I have virgin country which is practically inexhaustible. The town has transferred to me its entire rights and holdings. I have all the fundamentals for the making of a great industrial center. As to the money—"

"Yes," put in Riggs with a suggestion of breathlessness in his voice.

"Philadelphia has millions waiting for investment—you know it, I know it, and this is the opportunity. We will be dealing with natural products in a simple and natural way. The district supplies the power and the raw material; the outside and neighboring country, the market. We supply the brains."

"What does this cost you personally?" hazarded Stoughton a little uncertainly.