"He's an honest and an able man, your Loring; but he doesn't see clear in everything. I've been buying, myself."

"Oh, you have?"

"Yes, and someone has been selling—selling largely—or the price would have been driven higher. It is you, perhaps, my friend?"

"Not a share. I have the vices of an aristocracy. I am stubborn."

"Who, then?"

"It might be—Dennison."

The Baron nodded.

"But what did you want with 'em, Baron? Will they pay?"

"Oh, I doubt that. But I wanted them. Why should Dennison sell?"

"I suppose he doubts, like you."