He threw open the office door to disclose the figure of Macgowan, striding up and down the room. Macgowan swung around hastily and showed a disturbed countenance.

"Ha, Reese! I had to see you at once—something infernally bad! Come along, Jimmy; you're in on it too."

The manner of Macgowan was startling. Armstrong threw off hat and coat, and Macgowan went on speaking rapidly.

"It's a good thing this turned up before you left, Reese. I don't know just what to make of it. Either this is an outrageous lie, or there's something queer going on."

Advancing to Armstrong's desk, he spread out a letter. The other two men leaned over, reading it with incredulous eyes. It was addressed to Macgowan, was written from Seattle, and was signed by one Elmer Lewis, junior partner in a Seattle law firm.

"Lewis is an old friend of mine," said Macgowan. "He's straight."

The letter set forth that the Armstrong Company salesmen on the coast were using everything but violence in the effort to unload Food Products, were sticking at no misrepresentation. It went on:

"I am writing this, Mac, so you may stave off trouble. These Armstrong salesmen are using your name freely, in connection with obviously untrue statements.

"Since these stock sales appear to be managed from New York by mail, the matter may become serious. I understand that complaints have already been made to Washington, and that an investigation by the postal authorities may be under way."

Jimmy Wren straightened up with a grunt of disgust.