The confidential clerk hesitated a moment before answering. Then he said slowly:

“Well, the affairs are anything but good. There is a great deal of money gone, and some of the securities left are pledged for loans.”

“You mean my father spent a lot of money just before he died?” asked Viola.

“He either spent it or—Well, yes, he must have spent it, for it is gone. The car cost ten thousand, and he spent as much, if not more, on the yacht.”

“But they can be sold. I don't want either of them. I'm afraid in the big car,” said Viola, “and the yacht isn't seaworthy, I've heard. I wouldn't take a trip in her.”

“I don't know anything about that,” said LeGrand Blossom. “But even if the car and yacht were sold at a forced sale they would not bring anything like what they cost. I have gone carefully over your father's affairs, as you requested me, and I tell you frankly they are in bad shape.”

“What can be done?” asked Miss Carwell.

“I don't know,” LeGrand Blossom frankly admitted. “You may call in an expert, if you like, to go over the books; but I don't believe he would come to any other conclusion than I have. As a matter of fact, I had a somewhat selfish motive in looking into your father's affairs of late. You know I was thinking of going into partnership with him, and—and—” He did not finish.

Viola nodded.

“Perhaps I might say that he was good enough to offer me the chance,” the young man went on. “And, as I was to invest what was, to me, a large sum, I wanted to see how matters were. So I examined the books carefully, as your father pressed me to do. At that time his affairs were in good shape. But of late he had lost a lot of money.”