Cortland's gaze found the fire and remained on it.

"You are aware that a situation has arisen within the past few weeks which has made it impossible for Bent & Company or myself personally to have any further relations, either financial or social, with Jeff Wray? He has taken a stand in regard to his holdings in Saguache Valley which I consider neither proper nor justifiable. To make short of a long matter, I thought it best some weeks ago to forget the matter of the mine and make Wray an offer for his entire interests in the Saguache Valley. It was a generous offer, one that no man in his position had a right to refuse. But he did refuse it in such terms that further negotiations on the subject were impossible."

"Yes, sir, I know," put in his son.

"Wray's rise is one of those remarkable combinations of luck and ability—I'll concede him that—which are to be found in every community once in a decade. From obscure beginnings—God knows what the fellow sprang from—he has worked his way up in a period of three years to a position of commanding influence. He owns the biggest independent smelter in the West—built it, we now believe, with the intention of underbidding the Amalgamated. He has not done so yet because he hasn't been sure enough of himself. But he's rapidly acquiring a notion that nothing Jeff Wray can do will fail. That is his weak point—as it is with every beggar on horseback. You are familiar with all of these facts. You've had some occasion," bitterly, "to form your own judgment of the man. When you came East I was under the impression that, aside from business, there were other reasons, why you disliked him."

"That is correct, sir," muttered Cortland, "there were."

The General eyed his son sharply before he spoke again.

"Am I to understand that those reasons still exist? Or——"

"One moment, sir. I'd like to know just where this conversation is drifting. My relations with Wray have never been pleasant. He isn't the type of man I've ever cared much about. No conditions that I'm aware of could ever make us friendly, and, aside from his personality, which I don't admire, I'm not likely to forget the 'Lone Tree' matter very soon."

"H—m! That still rankles, does it? It does with me—with all of us. Oh, I'm not blaming you, Cort. If you had been a little sharper you might have made one last investigation before you signed those papers. But you didn't, and that's the end of that part of the matter. What I want to know now is just what your relations with the Wray family are at the present moment. You hate Wray, and yet most of your leisure moments are spent in the company of his wife. Am I to understand——?"

"Wait a moment, sir——" Cortland had risen and moved uneasily to the fireplace. "I'd prefer that Mrs. Wray's name be kept out of the discussion. I can't see how my relations with her can have any bearing——"