“Have you got the condition of the Trescott estate figured out?” said Mr. Elkins.

“Yes,” said the lawyer.

We all leaned forward in absorbed interest; for this was news.

“Have you told these gentlemen?” Jim went on.

“I have told no one.”

“Please give us your conclusions.”

“Gentlemen,” said Mr. Lattimore, “I am sorry to report that the Trescott estate is absolutely insolvent! It lacks a hundred thousand dollars of being worth anything!”

There was a silence for some moments.

“My God!” said Hinckley, “and our trust company is on all that paper of Trescott’s scattered over the East!”

“What’s become of the money he got on all his sales?” asked Jim.