"But that was before my time. I merely have heard of it, that's all. Shoot. Tell me about it. Give me the weight of your mind."

"Too long a story, but take this one word of advice. If you see Regan, don't put your cards on the table. Let him play first, and, if he offers, let him offer without solicitation from you. Of course, I may be all wrong, but it won't damage you to hold up your hand and get his play first."

At the end of another half hour, Francis was closeted with Regan, and the stress of his peril was such that he controlled his natural impulses, remembering Bascom's instruction, and was quite fairly nonchalant about the state of his affairs. He even bluffed.

"In pretty deep, eh?" was Regan's beginning.

"Oh, not so deep that my back-teeth are awash yet," Francis replied airily. "I can still breathe, and it will be a long time before I begin swallowing."

Regan did not immediately reply. Instead, pregnantly, he ran over the last few yards of the ticker tape.

"You're dumping Tampico Pet pretty heavily, just the same."

"And they're snapping it up," Francis came back, and for the first time, in a maze of wonderment, he considered the possibility of Bascom's intuition being right. "Sure, I've got them swallowing."

"Just the same, you'll note that Tampico Pet is tumbling at the same time it's being snapped up, which is a very curious phenomenon," Regan urged.

"In a bear market all sorts of curious phenomena occur," Francis bluffed with a mature show of wisdom. "And when they've swallowed enough of my dumpings they'll be ripe to roll on a barrel. Somebody will pay something to get my dumpings out of their system. I fancy they'll pay through the nose before I'm done with them."