“Well, things don't look so well as they did. He was very foolish to buy that ten-thousand-dollar yacht so soon after spending even more than that on this red, white and blue monstrosity of his!”

“You don't mean to tell me he's bought a yacht, too?”

“Yes, the Osprey that Colonel Blakeson used to sport up and down the coast in. Paid a cool ten thousand for it, though if he had left it to me I could have got it for eight, I'm sure.”

“Well, twenty thousand dollars oughtn't to worry Mr. Carwell, I should think,” returned Minnie.

“It wouldn't have, a year ago,” answered LeGrand. “But he's been on the wrong side of the market for some time. Then, too, something new has cropped up about that old Bartlett deal.”

“You mean the one over which Harry's uncle and Mr. Carwell had such a fuss?”

“Yes. Mr. Carwell's never got over that. And there are rumors that he lost quite a sum in a business transaction with Captain Poland.”

“Oh, dear!” sighed the girl. “Isn't business horrid! I'm glad I'm not a man. But what is this about Captain Poland?”

“I don't know? haven't heard it all yet, as Mr. Carwell doesn't tell me everything, even if he has planned to take me into partnership with him. But now I'm not so keen on it.”

“Keen on what, Lee?” and Minnie Webb leaned just the least bit nearer to his side.