'Of course I wouldn't be connected, nor you either, with anything that was bogus.'

'Certainly not. I wouldn't think for a moment of inflating it if I were not positive the property would stand it. I have been making, and have here in my pocket, an elaborate array of figures which will show approximately what the mine will yield, and I am quite convinced that it will pay at least ten per cent., and possible twelve or fifteen.'

'Well, nobody wants a better percentage on their money. Have you the figures with you?'

'Yes, here they are.'

'Very well, you had better leave them with me, and I will go over them as critically as if they were the figures of somebody I was deeply suspicious of, I hope they will hold water; but if they do not, I will point out to you where the discrepancies are.'

'But, you see, George, it is more a question of facts than of figures. I believe the whole mountain is made of the mineral which is so valuable, but I take only about an eighth of it as being possible to get out, which seems to me a very moderate estimate.'

'Yes, but how much demand is there for it? That is the real question. The thing may be valuable enough, but if there is only a limited demand—that is to say, if we have ten times the material that the world needs—the other nine parts are comparatively valueless.'

'That is true.'

'Do you know how many establishments there are in the world that use this mineral?'

'There are a great many in England, and also in the United States.'