"I am afraid I have. My young men have been nosing around in the Trans-Western affair, and several things have developed. Matters are approaching a crisis. The cut-rate boom is about to collapse, and there is trouble brewing in the labor organizations. If Bucks doesn't get his henchmen out of it pretty soon, they will be involved in the smash—which will be bad for them and for him, politically."

"I developed most of that a good while ago," Kent cut in.

"Yes; I know. But there is more to follow. The stock-smashing plan was all right, but it is proving too slow. Now they are going to do something else."

"Can you give it a name?" asked Kent, nerving himself.

"I can. But first tell me one thing: as matters stand, could Guilford dispose of the road—sell it or lease it?"

"No; he would first have to be made permanent receiver and be given authority by the court."

"Ah! that explains Judge MacFarlane's return. Now what I am going to tell you is the deadest of secrets. It came to me from one of the Overland officials, and I'm not supposed to gossip. Did you know the Overland Short Line had passed under Plantagould domination?"

"I know they elected a Plantagould directory at the annual meeting."

"Exactly. Well, Guilford is going to lease the Trans-Western to its competitor for a term of ninety-nine years. That's your death sentence."

Kent sprang to his feet, and what he said is unrecordable. He was not a profane man, but the sanguine temperament would assert itself explosively in moments of sudden stress.