The young man accepted this waiting as his challenge. He stepped to the lower end of the huge table; John Barrett arose at the other end, and bent forward, leaning on his knuckles.

“Gentlemen,” he said, his tone courteous, his air pacificatory, “Mr. Dwight Wade, of the Enchanted Lumber Association is here to-day to confer with us on those matters that have already been considered by us in executive session. I wish first, with your permission, to inform him on one point that we have already decided. My statement will enable us to avoid discussion of an unpleasant matter—I may say, an unprofitable matter.”

It was plain to be seen that Mr. Barrett was dominating this session, as he had undoubtedly dominated the preliminary session in which the sentiment of King Spruce towards Dwight Wade had been crystallized. Somehow the young man understood that the strange look in Barrett’s eyes meant reassurance.

“The destruction of Blunder Lake dam was a mistake,” continued Barrett, but without even a note of reproach in his voice.

“I am ashamed to have to fight that way for common rights that have been stolen,” said the young man. “It’s nasty fighting, and I don’t want to fight that way any more.”

“We don’t, either,” broke in a director, bluntly. “There’s no money in it.”

“A moment, gentlemen,” interposed Barrett, “I have the floor. I don’t propose to speak any ill of an associate—an unfortunate associate. I refer to Mr. Britt, who has for so many years been our executive in the north woods. But I can say frankly, as I have said to his face, that we have deplored some of his measures as unwise. We have tried to restrain him, but we have not been able to hold him back. Let us be charitable, gentlemen, and say merely that old-fashioned lumbering in this State has been conducted on wrong ideas. The manner of putting in Blunder Lake dam is a case in point. In compromising the present disputes between the timber interests and the other tax-paying interests of the State, I’ll be frank to say that the history of that dam would not be helpful. Prosecuting you, Mr. Wade, would entail going into the history of that dam. Therefore, we shall not prosecute you; and an arrangement has already been made by which you are purged of contempt of court in the matter of the injunction.”

He grew earnest.