"Not for the present," Knowlton interjected crisply. "We shall continue the policy and staff of the old company until we get our bearings. Then there will be plenty of opportunity for good men to move up. Meanwhile, we'll size up the efficiency of everybody and see what we've got."

Kane scratched the back of one ear with a pencil and turned this statement over in his mind. I noticed that his eyes were pale and weak, and that his manner was plainly that of a man who had little faith in fortune's star. An efficiency test was clearly one he was not confident of facing, but neither was I, and my sympathy went out to him. I had never seen a man at close range before who actually feared for his bread and butter, and that was what Kane's face showed, as he tried to conciliate the two of us as representatives of the new owners. It was not a pleasant sight. I could tell by Knowlton's sharp glance at him that our engineer was remorselessly applying that uncanny faculty of his of reading men's thoughts, and I guessed Kane had sealed his own doom.

But Knowlton said never a word. Instead he pulled some papers from his pocket, checked his memoranda for the day, and read a few documents which Kane turned over to him. I took out my pipe and started to light it.

"No smoking in the factory!" exclaimed Knowlton sharply.

"Do you mean to say," I protested, "that I've got to be here from seven to six each day without even smoking?"

"Just that," replied Knowlton with a grin. "We lose our insurance if we allow smoking."

At that moment a steam whistle began an infernal din, apparently over my head—a din which was echoed from every point of the compass. Instantly an even worse clatter and roar of machinery began under our feet, and the flimsy wooden floor and partitions vibrated visibly.

"Seven o'clock!" said Knowlton, rising. "The day's work has begun. Come, Ted, we'll take a walk through the machine-shop and look things over. Never mind, Kane—we'll find our own way around. Don't lose time from your job on our account."

With this hint Kane went suddenly back to his desk, while Knowlton and I descended the stairs and entered the machine shop. As we passed through the narrow aisles between closely packed lathes and planers, Knowlton made a series of rapid notes on the back of an envelope. Nothing escaped his eye, from a machine working too slowly to a foreman with too many men to look after. At the time I had no way of judging whether his inspection revealed a satisfactory condition or the reverse. The factory had been bought, of course, after a preliminary inventory of contents and orders on hand, but Knowlton's task was to judge of its efficiency as an operating plant. For over an hour we went from one department to another, until Knowlton's notes had covered all the scraps of paper either of us had in our pockets.

"I guess we'll go upstairs now and talk to Norwood," said Knowlton. "By the way, what did you think of the plant, Ted?" I felt as my old friend Dr. Watson must have felt when Sherlock Holmes asked him one of those sudden posers whose explanation was really so simple.