"I suppose," continued Mr. Pilcher, "the only thing to do is to get out of it before the news becomes known."

"No!" said Dumphy, promptly. The two men stared at each other. "No!" he continued, with a quick, short laugh, which was more like a logical expression than a mirthful emotion. "No, we must hold on, sir! Look yer! there's a dozen men as you and me know, that we could unload to to-morrow. Suppose we did? Well, what happens? They go in on four hundred thousand—that's about the figures we represent. Well. They begin to examine and look around; them men, Pilcher"—(in Mr. Dumphy's more inspired moods he rose above considerations of the English grammar)—"them men want to know what that four hundred thousand's invested in; they ain't goin' to take our word after we've got their money—that's human nature—and in twenty-four hours they find they're sold! That don't look well for me nor you—does it?"

There was not the least assumption of superior honour or integrity—indeed, scarcely any self-consciousness or sentiment of any kind, implied in this speech—yet it instantly affected both of these sharp business men, who might have been suspicious of sentiment, with an impression of being both honourable and manly. Mr. Pilcher's companion, Mr. Wyck, added a slight embarrassment to his reception of these great truths, which Mr. Dumphy noticed.

"No," he went on; "what we must do is this. Increase the capital stock just as much again. That will enable us to keep everything in our hands—news and all—and if it should leak out afterwards, we have half a dozen others with us to keep the secret. Six months hence will be time to talk of selling; just now buying is the thing! You don't believe it?—eh? Well, Wyck, I'll take yours at the figure you paid. What do you say?—quick!"

Mr. Wyck, more confused than appeared necessary, declared his intention of holding on; Mr. Pilcher laughed, Mr. Dumphy barked behind his hand.

"That offer's open for ninety days—will you take it? No! Well, then, that's all!" and Mr. Dumphy turned again to his desk. Mr. Pilcher took the hint, and drew Mr. Wyck away.

"Devilish smart chap, that Dumphy!" said Pilcher, as they passed out of the door.

"An honest man, by——!" responded Wyck.

When they had gone Mr. Dumphy rang his bell. "Ask Mr. Jaynes to come and see me at once. D——n it, go now! You must get there before Wyck does. Run!"

The clerk disappeared. In a few moments Mr. Jaynes, a sharp but very youthful looking broker, entered the office parlour. "Mr. Wyck will want to buy back that stock he put in your hands this morning, Jaynes. I thought I'd tell you, it's worth 50 advance now!"