Heretofore the treasury had been replenished through the activities of Mudge, but it was now disturbingly low and payday was close, while instead of the expected check from the promoter came his disquieting letter.

"Mudge is losin' his grip; he's gettin' timid," Symes thought irritably. "I may have to go back myself and raise the wind." His success with J. Collins Prescott had given him added confidence in his abilities along this line.

The estate which Prescott represented were now the largest bondholders and at the time of the purchase Symes had chortled

"If we can just get this crowd in deep enough they won't dare lay down if we get in a hole. They've got to see the proposition through to save themselves."

"Yes," Mudge had agreed doubtfully, "but you gotta be careful." And added in the tone of a specialist in the delicate art of handling capital: "You can't force or crowd 'em, for once they get their necks bowed they'd sooner drop their pile than give an inch."

The question which Symes was now trying to decide was whether it was better to meet payday with his own money and trust Mudge to raise sufficient to reimburse him and meet the next payday or to bare the situation to the stock and bondholders and make an imperative demand for funds.

In the end Symes's own money met the payroll, and the sensation of checking it out was much like parting with his heart's blood. Though it was a relief to feel that his credit was still good and that he could continue to shine in the community for another month as its one large, luminous star, it also brought the cold perspiration out on him when he woke up in the night and remembered where this noble act had placed him. He was worse than penniless if Mudge could not raise more money, but this he refused to believe a possibility.

In the days which followed, the circles deepened beneath his eyes, his high color faded and Mudge's laconic messages "Nothing doing" were not calculated to restore it. As the time shortened toward another payday there were moments when Symes felt that his overtaxed nerves nearly had reached their limit. There was no rest or solace for him in his home, for when Augusta was not away with Dr. Harpe the latter was there to remind him of the skeleton jangling in his closet. He came and went beneath the cold eyes of the one and the half-contemptuous glances of the other, like, as he told himself, a necessary but objectionable boarder.

He no longer found diversion in his nightly game of "slough" in the card room of the Terriberry House, for they became only occasions to remind him that he owed his fellow-players more than he could ever hope to pay if Mudge did not dispose of more bonds quickly or the stockholders did not "come through," as he phrased it. He knew fairly well the financial resources of those whom he had favored with his liberal patronage and realized that they were doomed to go down with him to that limbo provided for the over-sanguine and the over-trusting.

At last the black day came when the treasury could not meet the smallest bills. Delay was no longer possible. He must play his last card. An imperative call must be made upon the stockholders and Symes telegraphed Mudge to this effect.