“That—that’s very strange,” said Rolandsen.

Mack looked at the telegrams once more. “This is excellent,” he said. “Couldn’t you give me some idea of the thing itself?”

Rolandsen explained a little of the process.

“That means, we’re to some extent competitors,” said Mack.

“Not to some extent only. From the moment I’ve sent off my answer, we’re competitors in earnest.”

“Eh?” Mack started. “What do you mean? Are you going to set up a factory yourself?”

“Yes. There’s water-power higher up, beyond your place, and more of it, and easier to work.”

“But that’s Levion’s water.”

“I’ve bought it.”

Mack wrinkled up his forehead thoughtfully. “Good! We’re competitors, then,” he said.