"Well, not exactly. You see I didn't know how well the thing would take, so I didn't have any actual contract. Besides, the Mother Superior probably never noticed the agent—or she may have been led to believe he was one of my men. Anyway, she sold everything. And here is the queer part of the story:

"The stores which bought from me became impatient when I didn't refill their orders, and bought from this other man at a lower price! He paid more for the lace-work, and sells it for less!"

It was certainly baffling; Linda tried hard to see it from every angle.

"Had you marked the goods too high, Daddy?" she asked. "I mean so high that this other man could afford to sell for less, and still make money?"

"No, I hadn't. I was taking a very small profit, because I was afraid to make the work too expensive, for fear it wouldn't sell. And there's a big tax to pay, besides, for bringing it into the United States from Canada. No, every way I figure it out, this man must be losing money."

Suddenly he sighed, and dropped into a chair, as if he were thoroughly beaten.

"So you see, dear, there's nothing I can do," he concluded. "It would be folly for me to go on, because even if the convent would sell to me again, I would have to pay this new high price—and lose more money. The best thing I can do is pay my debts—sublet my offices, if I can, for unfortunately I took a long term lease—and get out. And be thankful I haven't lost more!"

"But Daddy, aren't you going to even try to solve the mystery?" asked Linda, her eyes blazing with anger. "Somebody is just planning to kick you out, taking a loss for a few months, so as to get the business! It can't last. Why not take my money and go on—at a loss—for a while?"

"But I couldn't hold out as long as he could. He probably has a lot more capital than I have, and could afford to play a losing game for a long while, until he had wiped me out, and gotten hold of the trade for himself. He's probably begun already to build up a trade all over the country, while so far I've only handled some of eastern cities—as far as Chicago. No, Daughter, I'm afraid I've made a mistake—I'm not the sort of fellow for cut-throat competition, as they all practice in business today."

"Hold on for a little while longer, Daddy, and—investigate!" she urged.