"Yes, Your Honor."

"Were the statements contained in it true?"

Elderberry squirmed.

"Ye-es, Your Honor. That is—they were to the best of my knowledge and belief. I was, of course, obliged to take what information was at hand—and—er—and—"

"Did you sign the other circular, issued last month, to the effect that the mine was practically valueless?"

"Yes, sir." Elderberry studiously examined the moldings on the cornice of the judge's canopy.

"Um!" remarked the court significantly.

There was a flurry among the tall hats. Then Mr. Greenbaum sprang to his feet.

"If you please, Your Honor," he announced, staccato, "we entirely disavow Mr. Elderberry's circular of 1914. It was issued without our knowledge or authority. It is no evidence that the mine was worth ten millions or any other amount at that time."

"Oh! Oh!" choked Mr. Tutt, while Miss Wiggin giggled delightedly into her brief case.