Guest shook his head.

"I shall not sell" he answered. "I want my nephew to learn the business, and I want to go home myself soon. I have no time to look out for another."

"One hundred!"

"I shall not sell," Guest repeated obstinately. "I am sorry if you are disappointed."

Mr. Kauffman rose slowly to his feet.

"You will be sorry before very long that you refused my offer," he remarked.

Guest shook his head.

"No!" he said, "I think not. The people will come where they can eat well and eat cheaply. They shall do both here."

Kauffman remained for a few more minutes at our table, but he did not return to the subject. After he had left us with a somewhat stiff bow, he went and talked earnestly with Karl, the little head-waiter. Then he slowly returned.

"Mr. Mayer," he said, "I'm going to make you a very rash offer. I will give you £200 profit on your bargain."