V. THE ARTFUL AND GOLDSTEIN

Upon another occasion, in the same town, there was a dealer's sale at an auction mart, and it went off pretty well, though naturally a good many lots remained undisposed of at the close, for on every article there was a reserve price representing the profit to accrue to the vendor, with the auctioneer's usual ten per cent. One of the unsold pictures had attracted the attention of a gentleman who had bid as far as twelve pounds for it, and when the sale was over he remained in the mart waiting to see if it should be claimed by a dealer, so that he might have a chance of getting it at a slight advance.

But the auctioneer very frankly confided in him that it had not been sold: the vendor, unfortunately, knew a good deal about pictures and had put a pretty stiff reserve on it. At this moment a local dealer showed signs of being also attracted by the picture. He stood in front of it, and seemed to be assessing its value to the nearest penny. After a few moments he jerked his head to bring the auctioneer to his side, and with a word of apology to the possible purchaser the auctioneer went to the man.

They had a whispered conversation together, but every whisper was clearly audible to the layman.

“Look here,” said the dealer, “you know that I bid up to eighteen pounds for that picture. Well, I'm willing to go to the length of twenty for it, if you're selling it privately.”

“I'm sorry I can't oblige you, Mr. Goldstein,” said the auctioneer. “You know as well as I do who the vendor is, and you know that he is as good a judge of a picture as any man living. You know that the picture is worth money.”

“Now what's the good of talking to me like that?” said Mr. Goldstein. “I don't deny that the picture is a good one—one of the best you ever handled—but a man must live. I believe I have a customer for that thing, but I look to make a bit off it for myself, and I must have it cheap.”

“And isn't twenty-five pounds cheap for such a work?” asked the auctioneer.