Waiting your remittance for payroll, necessary that this be provided to-day, otherwise I anticipate serious disturbance here. It is advisable that I do not come to Philadelphia just yet as my leaving here would be wrongly interpreted.

R.F.C.

There fell a moment's silence, instantly recognized by all four as the precursor of grave events. Birch had spoken the thought that lurked in all their minds. To continue running meant another payroll to be met.

It now appeared suicidal to have stretched their resources to the limit of their credit, but not one of them had remotely dreamed that a few thousand tons of steel rails were to drag the whole structure to toppling destruction. Birch, as usual, first pulled himself together.

"It's put up or shut up, and we've got to tell Clark right now."

Little Riggs sighed despondently. This meeting would soon be over and the decision made, after which he would have to face a totally unexpected set of conditions and a circle of friends and investors who would regard him with close and uncomfortable interest.

"Well, I suppose it's shut up!" he hazarded unsteadily.

Birch looked inquiringly at the other two, who nodded without speaking, then began to write. The rest did not even glance at each other, but found absorption in walls and windows and the big map of poignant memory, while the long, waxen fingers moved inexorably on.

"What about this?"

"'Under existing conditions and the impossibility of making immediate financial arrangements for current needs directors decide best to close down all work of every kind at once, giving notice that this will be only temporary. You will report here as soon as in your judgment you can wisely come down.' Is that all right?"