"You suppose wrong, sir," coldly replied Grant.

"Well, what is the object of this visit, then?"

"Please make out a receipt for the full amount of our debt."

Mr. Black's face expressed the liveliest amazement. The door leading to the inner office creaked, and Ralph's familiar countenance appeared in the opening. It was evident that he had been listening.

"W-h-hat did you say?" gasped the merchant.

"Please make out a receipt in full for the money owed to you by the firm of Manning & Company," repeated Grant, calmly.

"Then you mean to pay it?"

"Yes."

"But how can you? It is over fifty-eight hundred dollars, boy."