Jack took Cameron in hand first, as he had been the real suggester of the plan. He, Darcy, could use his ten thousand; and, if ten more could be subscribed, they would not need to hire outside. As time went on, this capital might be equalized and increased. Hurd offered two thousand and himself; and just then one of the old hands who had succeeded in getting rid of a good bit of property that had weighted him heavily, and picked up a little money here and there, subscribed five thousand. Yardley had none of his own, but persuaded his wife's sister to invest a thousand. The other, Miss Barry offered, if no workman came to hand. Winston was a handy Jack-of-all-trades. He could repair machinery, or do any kind of wood-work: he had sold cloth on commission, bartered and traded, and had a good deal of shrewdness and good sense, and pluck. He and Darcy would do the buying and selling; Cameron would take charge of supplies, deal them out, and see that nothing went to waste; Hurd and Yardley would be overlookers as before. Every man could weave his yard of cloth with the best. They would constitute the managing force.

The days passed rapidly; and to Jack's great satisfaction no purchaser appeared, no curious soul even sauntered about the mills. Miss McLeod came at the appointed time, accompanied by Miss Lothrop, who was as distant to Maverick as if this were their first meeting. The ladies were to stay with Mrs. Darcy, and the best in the house was placed at their disposal with simple courtesy. They were taken to the mills, where they made a tour of inspection; Jack explaining machinery, looms, shuttles, and spindles, with an enthusiasm that amazed even himself. There was a new interest in the thought of having a voice in the direction of that great engine now so silent, and the work it was to do.

"We shall not use half our looms in the beginning," he said; "but I hope, before the five years are ended, we shall be doing our utmost."

They all hoped so for his sake. "If any man can make the plan work, he will," thought Miss McLeod, who liked him better every hour.

Miss Barry and Sylvie came to call on the ladies in the evening.

"I suppose that is Mr. Darcy's sweetheart," Miss Lothrop remarked afterward. "She is a pretty, enthusiastic little thing, and she takes so much interest in his affairs. I can just fancy how they will work together, and the earnest, useful lives they will lead. What butterflies we are!" looking down at her white helpless hands. "Not you, but the young women of the day in general. You are a busy bee, and still keep storing up your honey."

"And sting occasionally," laughed the sharp, bright old lady.

The sale took place the next morning at ten, at the Court House. There was quite a number of spectators, though the ladies, with Maverick and Darcy, were in a private office. Hamilton Minor had come up, resolved that it should not go for less than the mortgage, but desirous of ending his responsibility. There were but two bids. The auctioneer lingered a long while on Mr. Hildreth's bid, commenting on the enormous sacrifice, but he could move no one's interest. It was reluctantly knocked down, the purchase-money paid, and the deed made out to Miss McLeod.

Then the company's agreement was put in lawful, legal shape. The managing board of five men were to have sole charge of buying, selling, and manufacturing. They were to give all their time and ability, to watch the state of the market, and conduct every thing for the benefit of the whole corporation. Darcy was to prepare a balance-sheet semi-annually, showing profit and loss; and this was to be open to the inspection of the firm.

The parties to the second part, the workmen, were to work ten hours a day, six days in the week, under the supervision of Hurd and Yardley. The wages of the men and the salaries of the managers were to be put at the minimum rate, and both parties were to draw two-thirds of this sum weekly. At the end of the year, the profits on labor and capital were to be evenly divided; one half apportioned to the capital, the other half divided pro rata; but only half of this sum to be drawn out yearly, the other turned over to the capital stock, and placed to each man's credit. If any operative should become dissatisfied, and leave, his share of the profits was to be forfeited to a fund for sick or disabled workmen. Any member of the association guilty of misconduct was to be twice reprimanded, and for a third offence expelled. A standing committee of the workmen, with one chairman, was to investigate and settle such matters. Shares of capital as low as fifty dollars would be within reach of the workmen. A clause was inserted, that no ale, beer, or spirituous liquors were to be brought into the mill during working hours. It had been one of the old-time rules, but often transgressed. Each man was to use his best endeavors to promote the interests of the firm.