"A block of some three thousand shares, held jointly by her and her two daughters, I believe."

"Exactly: not enough to excite anybody's cupidity; and yet enough to turn the scale if there should ever be a fight for a majority control."

"There is no such fight in prospect, is there?"

"No; not that I know of. But I was thinking of the possibilities. If a smash comes there will be a good deal of horse-swapping in the middle of the stream—buying up of depressed stocks by people who need the lines worse than the original owners do."

"I see," said Ormsby. "Then you would counsel delay?"

"I should; and I'll go a step farther. I am on the inside, in a way, and any hint I can give you for Miss—for Mrs. Brentwood's benefit shall be promptly forthcoming."

"By Jove! that's decent," said Ormsby, heartily. "You are a friend worth having, Mr. Kent. But which 'inside' do you mean—the railroad or the political?"

"Oh, the railroad, of course. And while I think of it, my office will be in the Quintard Building; and you—I suppose you will put up at the Wellington?"

"For the present, we all shall. It is Mrs. Brentwood's notion to take a furnished house later on for herself and daughters, if she can find one. I'll keep in touch with you."

"Do. It may come to a bit of quick wiring when our chance arrives. You know Loring—Grantham Loring?"