Johnson laughed so hard that finally he was compelled to lay his head on the desk in front of him, with his lean old fingers over his eyes.

“Thanks to you, Robert; thanks to you,” he added after a little silence.

Bobby, turning from the window, saw the thin shoulders still heaving. There was a glint of moisture on the lean hands that had toiled for so many years in the Burnit service, and as Bobby passed he placed his hand on old Johnson’s bowed head for just an instant, then went out, leaving Johnson alone.

It was Applerod who, returning triumphantly with Barrister’s promise of the precious block of New Brightlight for delivery in the afternoon, brought Bobby a copy of his own paper containing so much startling news that the front page consisted only of a hysteria of head-lines. Sudden proceedings in bankruptcy had been filed against the Consolidated Illuminating and Power Company. These proceedings had revealed the fact that Frank L. Sharpe, supposed to have left the city on business for the company, had in reality disappeared with the entire cash balance of the Consolidated. This disappearance had immediately thrust the Middle West Construction Company into bankruptcy. By Stone’s own acts the Stone enterprises had crumpled and fallen, and all his adherents were ruined.

Out of the chaos that the startling facts he was able to glean created in Bobby’s mind there came a thought of Ferris, and he immediately telephoned him, out at the site of the new G. E. and W. shops, where ground was already being broken, that he would be out that way.

Half an hour later he took Ferris into his machine and they whirled over to the waterworks site, where the work had stopped as abruptly as if that scene of animation had suddenly been stricken of a plague and died. On the way Bobby explained to Ferris what had happened.

“You were the lowest legitimate bidder on the job, I believe,” he concluded.

“Yes, outside of the local company.”

“If I were you I’d get busy with Jimmy Platt on an estimate of the work already done,” suggested Bobby. “I think it very likely that the city council will offer the Keystone Construction Company the contract at its former figure, with the proper deductions for present progress. We will make up the difference between their bid and yours, and whatever loss there is in taking up the work will come out of the forfeit put up by the Middle West Company.”

Jimmy Platt ran out to meet them like a lost soul. The waterworks project had become his pet. He lived with it and dreamed of it, and that there was a prospect of resuming work, and under such skilful supervision as that of Ferris, delighted him. While Jimmy and Mr. Ferris went into the office to prepare a basis of estimating, Bobby stayed behind to examine the carbureter of his machine, which had been acting suspiciously on the way out, and while he was engaged in this task a voice that he knew quite well saluted him with: