It was with the feeling that he might well be signing his own death-warrant that Ford put his name to the first order for two hundred thousand dollars' worth of steel rails for immediate delivery to the company's line in Chicago. But after the first cold submergence it came more easily, and when he left the office an hour before midnight, a cool million would not have covered the obligations he had assumed during the strenuous day.

Kenneth was sitting up for him when he reached his hotel, and the usually impassive face of the general counsel reflected trouble.

"Out with it," said Ford wearily; and suddenly the new million of indebtedness became a mountain weight to grind him to powder.

"We're blocked," was the brief announcement. "Two of the grain trains are in, and the Transcontinental lawyers have won the toss. We're enjoined by the court from using the service tracks to the elevators. Didn't your local people tell you?"

"No," said Ford. "I had given orders that I was not to be disturbed. But what of it? You expected something of the sort, didn't you?"

"Yes; and I provided for it. The injunction will be dissolved when we have our final hearing; but long before that time the mischief will be irreparable, I'm afraid."

"How?"

"It will be blazoned far and wide that we can't deliver the goods—that the opposition has done us up. I've tried to keep it out of the newspapers, or, rather, to persuade them not to make too much of it. But it wouldn't go. The Transcontinental has all the pull in this town, it appears."

"And you think it will affect the price of the stock?"

"It is bound to, temporarily, at least. And coming upon the heels of to-day's sudden tumble—"