"Soft! Soft and slow, Andy," reproved the master. "There may be some truth in what he said. I'll have to stop right here and do some thinking about it! A chap gets to slamming ahead in his own line, you know. All of us ought to stop short once in a while and make a cold, calm estimate. Take account of stock! Balance the books! Discover how much of it is for ourselves, personally, and how much for the other fellow! No telling how the figures of debit and credit may surprise us!"

He spun around in his swivel chair.

"Lora, get Mr. Blanchard of the Conawin Mills on the 'phone, that's the girl!"

"Yes, Andy, I'm going to get down to the figures in my case! I hope there's a balance in my favor—but we never can tell!"

He set his elbows on his desk and clutched his hands into the hair above his temples. Mac Tavish tiptoed away. Morrison had apparently prostrated himself in the fane of figures; in the case of Mac Tavish figures were holy.

"Mr. Blanchard on the 'phone, Mr. Morrison," reported Miss Bunker.

Morrison put questions, quickly, emphatically, searchingly. He listened. He hung up. "Memo., Miss Bunker." He was curt. His eyes were hard. One observing his manner and hearing his tone would have realized that quarry had broken cover and that Mr. Blanchard had not been able to confuse the trail by dragging across it an anise-bag; in fact, Morrison had said so over the telephone just before he hung up. "Get me Cooper of the Waverly, Finitter of the Lorton Looms, Labarre of the Bleachery, Sprague of the Bates." He named four of the great textile operators of the river. "One after the other, as I finish with each!"

After he had finished with all, pondering while he waited between calls, he strode to Mac Tavish and brought the old man around on his stool by a clap on the shoulder. "A devil of a mouser, I am! I've been sitting purring on the top and they have hollowed it out underneath me."

"Eh? What?"

"The cheese, Andy, the water-power cheese! They have been playing me for the cat in the case! Left me till the last, left me sitting on an empty shell! The mice have made away with the cheese from under me. They have engineered a combine! There's a syndicate a-forming! It's for me to tumble down among 'em when the shell caves. I was right about Despeaux!"