"We're saved!" said he. "What do you say to it, Jim?" This to Ackerman.

"It looks like a go," said the latter, drawing a deep sigh. "We've seen enough right here to make good with our people back East; and we've got enough right now to get the public in."

The president turned an agitated eye upon John Rawn. "Mr. Rawn," said he, "referring to the tenor of our earlier conversation, I desire to say that we are not in the habit of giving the lion's share to anybody—"

"Suit yourself," said John Rawn, smiling.

"But in this case, as I said to you at first, there's so much in this if there's anything at all, that there's no use splitting hairs over it." He receded rapidly from the position he coveted but saw he could not hold.

"We ought to begin work at once. Er—Mr. Rawn, do you happen to have any present need for any money—personally?"

"No," answered John Rawn calmly, "I am in no need of funds. When the organization is completed, and I begin my work as president of the power company, I shall be glad to go on the pay-roll, of course. I should add now that I expect Mr. Halsey to be my general manager in the mechanical department."

"In regard to salaries," said the president, hesitating, "we might roughly sketch out something—"

"My own salary will be a hundred thousand dollars a year," said Mr. Rawn quietly. "I don't think we should ask Mr. Halsey to work for less than five thousand. Do you, gentlemen?"

"I've worked for less, myself," said Ackerman grimly.