“No!” said the man from Winnipeg, “on the contrary, it’s quite easy. Now I can predict that wheat will touch lower prices still before you have to make delivery, and it isn’t very difficult to figure out the profit on selling a thing for a dollar and then buying it, when you have to produce it at ninety cents. Of course, there is a risk of the market going against you, but you could buy at the first rise, and you’ve your stock to dole out in case anybody cornered you.”
“That,” said Dane thoughtfully, “appears quite sensible. Of course, it’s a speculation, but presumably we couldn’t be much worse off than we are. Have you any objections to the scheme, sir.”
Barrington laid down his cigar, and glanced with astonished severity at the speaker. “Unfortunately, I have. We are wheat growers, and not wheat stock jugglers. Our purpose is to farm, and not swindle and lie in the wheat pits for decimal differences. I have a distinct antipathy to anything of the kind.”
“But, sir,” said Dane, and Barrington stopped with a gesture.
“I would,” he said, “as soon turn gambler. Still, while it has always been a tradition at Silverdale that the head of the settlement’s lead is to be followed, that need not prevent you putting on the gloves with the wheat-ring blacklegs in Winnipeg.”
Dane blushed a little under his tan, and then smiled as he remembered the one speculative venture his leader had indulged in, for Colonel Barrington was a somewhat hot-tempered and vindictive man. He made a little gesture of deprecation as he glanced at Graham, who straightened himself suddenly in his chair.
“I should not think of doing so in face of your opinion, sir,” he said. “There is an end to the thing, Graham!”
The broker’s face was a trifle grim. “I gave you good advice out of friendship, Colonel, and there are men with dollars to spare who would value a hint from me,” he said. “Still, as it doesn’t seem to strike you the right way, I’ve no use for arguing. Keep your wheat—and pay bank interest if you want any help to carry over.”
“Thanks,” said Dane quietly. “They charge tolerably high, but I’ve seen what happens to the man who meddles with the mortgage-broker.”
Graham nodded. “Well, as I’m starting out at six o’clock, it’s time I was asleep,” he said. “Good-night to you, Colonel.”