"Yes, that is just how it is," exclaimed the Consul; "that is how it is nowadays! One wishes to outstrip the other, and so they borrow and speculate; but when the day of reckoning comes, then comes the pinch."

"As for that, Herr Consul, the firm must be aware that Jacob Worse is good for two thousand dollars, and a little more besides."

"No doubt, no doubt," answered the Consul. "But now we have demands upon us for money from all sides, there seems no end to them; it is really more than we can do these bad times."

Jacob Worse was beginning to be pleased with the success of his little comedy, and now proceeded farther with it.

"It is very sad," said he, "that I should have to turn elsewhere. People will say that I have quarrelled with the firm, or, perhaps, they will believe some of the lies concerning C. F. Garman which are going about."

"What do you mean? What do they say about the firm?" asked the Consul, quickly.

"Ah! well, for example, it was reported in the club yesterday that a certain person had gone to Bergen in order to borrow money for certain people."

Consul Garman turned his face away and looked out into the garden, where the first yellow leaves of autumn were beginning to fall.

Never before had he seen danger so imminent; his easy disposition and his pride had never permitted him to realize that the firm C. F. Garman, the old Sandsgaard house, was hanging by a thread, and that it was possible for it to collapse in a vulgar insolvency.

"Yes," he muttered, "it was a mistake, sending Kruse to Bergen; but—" And then all of a sudden, as if weary of bearing his burden alone, he turned full round upon Worse, and said: "Things are not so prosperous with C. F. Garman as you suppose, Jacob."