It was a pleasant figment this, Eddy Lamb's plan of consulting his older friends. He always went to them most scrupulously to get their advice, and afterward did as he pleased. He was too near the soil, however—only one generation away—to make many mistakes in the matter of caution, and so far he had swung his little financial ventures with such great success that he had begun to be conceited.

He found Mr. Wallingford at the hotel, but not waiting for him by any means. Mr. Wallingford was very busy with correspondence which, since part of it was to his wife and to "Blackie" Daw, was entirely too personal to be trusted to a public stenographer, and he frowningly placed his caller near the window with some new samples of tacks he had made that morning; then, for fifteen minutes, he silently wrote straight on, a course which allowed Mr. Lamb the opportunity to reflect that he was, after all, not entitled to have worn that air of affable familiarity with which he had come into the room. In closing his letter to Mr. Daw the writer added a postscript: "The Lamb is here, and I am now sharpening the shears."

His letters finished and a swift boy called to despatch them, Mr. Wallingford drew a chair soberly to the opposite side of the little table at which he had seated Mr. Lamb. Like every great captain of finance, he turned his back to the window so that his features were in shadow, while the wide-set, open eyes of Mr. Lamb, under their good, broad brow, blinked into the full light of day, which revealed for minute study every wrinkle of expression in his features.

"I forgot to warn you of one thing last night, and I hope you have not talked too much," Mr. Wallingford began with great seriousness. "I reposed such confidence in you that I did not think of caution, a confidence that was justified, for from such inquiries as I have made this morning I am perfectly satisfied with your record—and, by the way, Mr. Lamb, while we are upon this subject, here is a list of references to some of whom I must insist that you write, for my own satisfaction if not for yours. But now to the main point. The thing I omitted to warn you about is this," and here he sank his voice to a quite confidential tone: "I have not yet applied for letters patent upon this device."

"You have not?" exclaimed Mr. Lamb in surprise. The revelation rather altered his estimate of Mr. Wallingford's great business ability.

"No," confessed the latter. "You can see how much I trust you, to tell you this, because, if you did not know, you would naturally suppose that the patent was at least under way, and I would be in no danger whatever; but I am not yet satisfied on one point, and I want the device perfect before I make application. It has worried me quite a bit. You see, the heads of these tacks are too smooth to retain the cloth. It is very difficult to glue cloth to a smooth metal surface, and if we send out our tacks in such condition that a hammer will pound the cloth tops off, it will ruin our business the first season. I have experimented with every sort of glue I can get, and have pounded thousands of tacks into boards, but the cloth covering still comes off in such large percentage that I am afraid to go ahead. Of course, the thing can be solved—it is merely a question of time—but there is no time now to be lost."

From out the drawer of the table he drew a board into which had been driven some dozens of tacks. From at least twenty-five per cent. of them the cloth covering had been knocked off.

"I see," observed the Lamb, and he examined the board thoughtfully; then he looked out of the window at the passing traffic in the street.

Mr. Wallingford tilted back his chair and lit a fat, black cigar, the barest twinkle of a smile playing about his eyes. He laid a mate to the cigar in front of the bookkeeper, but the latter paid no attention whatever to it. He was perfectly absorbed, and the twinkles around the large man's eyes deepened.

"I say!" suddenly exclaimed Mr. Lamb, turning from the window to the capitalist and throwing open his coat impatiently, as if to get away from anything that encumbered his free expression, "why wouldn't it do to roughen the heads of the tacks?"