A pause followed. No man turns from an easy road to a rocky climb without lingering backward glances, and the partners looked at one another while the general manager leaned back and smoked with the air of one who had faithfully performed a magnanimous duty. Greer spoke first.

"Very kind offer, I am sure."

"Most handsome," Smythe, the laconic, added. "But—" He glanced at Carter, who finished, "We are not on the market."

The manager raised his brows. Expecting a first refusal, he was slightly staggered and irritated by its bluntness, yet masked both emotions. "Not on your own terms?"

"On no terms," Greer emphatically answered; then, flushing, he added: "Our chief motive in going into this enterprise, sir, was to bring sorely needed railroad competition into this province. It would not be subserved by our selling to you."

The manager flicked the ash from his cigar. Then, while smoking, he regarded the old gentleman from under bulging lids very much as a curious collector might note the wriggles of an impaled beetle. "Very laudable intention; does you credit, sir. But you must pardon me if I doubt that you will carry it to the length of financial hari-kari. You have heard of that Japanese custom? A man commits suicide, empties himself upon a cold and unsympathetic world for the benefit of his enemy, who is compelled by custom to go and do likewise. In your case the sacrifice would be foolish because we shouldn't follow suit. Now when I spoke of your resources"—during an ugly pause his glance flickered between the partners—"I did not state our exact knowledge of their extent. You are—practically—broke. In addition, we have bought up all of your paper that we could find floating on the market, and three months from now—we shall be in a position to demand a receiver in bankruptcy. Stop!" Frowning down Greer's attempted interruption, he dropped his suave mask and stood out, the financial king, brutal, imperious, predatory. "I know what you would say. Three months is a long time. But no one will make you a better offer—any offer—till you can cross our line. You can force a crossing? Yes, but we'll law you, badger you, carry the case from court to court up to the privy council—two years won't make an end. In the meantime—" He had thrown himself at them, bearing down upon them with all the force of his powerful will, of the furiously strong personality that had crushed financial opposition to plans and projects beside which their enterprise was as a grain of sand to the ocean. Now, in a flash, he became again the polished host. "Take your time, gentlemen. We are in no hurry. Several days, if you choose. But—be advised."

But big, strong, and masterful as the manager was, every Goliath has his David, and the first stone in the forehead came from the sling of Smythe—Smythe, who had hardly opened his mouth through the meal save for the admittance of food or drink. Banging the table so that the glass rang and a champagne bowl flew from its thin stem, he sprang up, his dark face flushed and defiant. "We'll take neither your advice nor your time! God knows that we are hard shoved, but damn a man who sells his country! And since you have been so outspoken, let me tell you that we'll run trains across your line, and that inside—"

"This hour." In its quiet assurance, Carter's interpolation came with all the force of an accomplished fact. The manager started, and the division superintendent upset his wine. As their backs were to the door, neither saw a waiter take a telegram from a messenger-boy, and sign for its delivery after a glance at the clock, which indicated half-past nine. Nor could either fact have the significance for them that their combination had for Carter.

The manager recovered his poise even as the waiter handed the telegram to his colleague, and, though puzzled, hid the feeling behind a show of confident contempt. "I hardly gather your meaning, but presume you mean—war?"

Missing the superintendent's sudden consternation, he was going on. "Very well. I had hoped—" when the former pulled his sleeve. "What's this?"