"The young boatman," said Courtney contemptuously. "I wouldn't allow a boy like that to take up my time."

"He may have something of importance to communicate. Besides, I don't set so high a value on my time."

This will illustrate the difference between the two men. Mr. Graves was pleasant and affable to all, while Mr. Courtney was stiff, and apparently always possessed of a high idea of his own importance and dignity. In this respect, his son Phil was his counterpart.

Into the presence of these two gentlemen Grit was admitted.

"Good morning, Grit," said the president pleasantly. "Take a seat. Margaret tells me you wish to see me."

"Yes, sir, I wish to see you on a matter of importance."

"Perhaps he wants a loan from the bank," suggested Mr. Courtney scornfully.

"If Grit wanted a loan, he would not need to apply to the bank," said Mr. Graves, in a friendly manner. "I would lend him, myself."

"Thank you, Mr. Graves," said Grit gratefully, "but I don't wish any loan for myself. My business relates to the bank, however."

Both gentlemen were rather surprised to hear this. They could not understand what business Grit could have with the bank.