"Yes," said he, "call him 'Soapy' for short. Did he come down handsomely on the terms?"

"His offers were not as large as I should have liked; but then, as he said, this paper is not a money-making affair, but a moral enterprise, and I am willing to work for less."

"Moral grandmother!" said Jim, in a tone of unlimited disgust. "He be—choked, as it were. Why, Harry Henderson, are your eye-teeth in such a retrograde state as that? Why, this paper is a fortune to that man; he lives in a palace, owns a picture gallery, and rolls about in his own carriage."

"I understood him," said I, "that the paper was not immediately profitable in a pecuniary point of view."

"Soapy calls everything unprofitable that does not yield him fifty per cent. on the money invested. Talk of moral enterprise! What did he engage you for?"

I stated the terms.

"For how long?"

"For one year."

"Well, the best you can do is to work it out now. Never make another bargain without asking your grandfather. Why, he pays me just double; and you know, Harry, I am nothing at all of a writer compared to you. But then, to be sure, I fill a place you've really no talent for."

"What is that?"