CHAPTER XX.
THE LAST STEP.
“I HOPE you are not in very deep, Paley,” said Captain Halliard, after he had stated the question in regard to the copper stocks.
“Not very, but I am bitten somewhat,” I replied, trying to look cheerful, for I could not think of exhibiting to the enemy the state of my affairs. “Did you own any coppers, uncle?”
“No; not a copper. I had some, but I got rid of them,” replied the wily man of the world, rubbing his hands to indicate that he was too shrewd to be involved in any speculation that could possibly miscarry.
“You are fortunate.”
“Speculation is just as much a trade as any other branch of human industry. It requires brains, forethought, coolness. Novices should be cautious how they venture beyond their depth, for they are almost sure to be bitten. I am sorry you have been trapped, Paley.”
“I’m not badly hurt, though of course the small loss I have experienced must make some difference in my future arrangements. And, by the way, I should like to avail myself of your kind offer.”
“What was that?” he asked, rather blankly.
“You offered to lend me money if I was short.”