"Ah! But your answer to this proposal?"

"There can be but one answer," said Armstrong. "They ask us to betray the people who have trusted us, to take these votes, given for the express purpose of removing Findlater's management, and use them to retain that management. In order to do this, they try to bribe me, to appeal to my personal enmity, by kicking Macgowan out."

"If you refuse," answered the lawyer reflectively, "it accomplishes nothing. If you refuse, Macgowan remains in power; the issue of stock to Williams will stand; the Association faces a blank wall. You are under indictment. You will be discredited among many of the investors. I merely present these facts that you may understand the situation."

Armstrong laughed bitterly.

"Don't worry—I understand them! Go out there and tell Holcomb and the others about it. Tell them that my answer is: No! Tell them to quit if they want to. I shall go on fighting, alone. That is all."

For a moment Mansfield studied the unyielding face of Armstrong, then rose.

"Ah—perhaps you do not recall what Philip de Commines said of his royal master? He said: 'I never knew any man so wise in his misfortunes.' To be wise in misfortune, Mr. Armstrong, is to overcome fate. I—by gad, sir, I congratulate you with all my heart upon this decision! You shall not go on fighting alone."

He held out his hand. Armstrong gripped it, and was astonished to perceive that the eyes of this man were suffused with emotion.

Thus ended the Wilmington meeting.