'How do you know?'
Kenyon related exactly what had passed between the oily young man of the Financial Field and himself in that very room. While this recital was going on, Wentworth walked up and down, expressing his opinion now and then, in remarks that were short and pithy, but hardly fit for publication. When the story was told he turned to Kenyon.
'Well,' he said, 'there is nothing for it but to sue the paper for libel.'
'What good will that do?'
'What good will it do? Do you mean to say that you intend to sit here under such an imputation as they have cast upon you, and do nothing? What good will it do? It will do all the good in the world.'
'We cannot form our company and sue the paper at the same time. All our energies will have to be directed towards the matter we have in hand.'
'But, my dear John, don't you see the effect of that article? How can we form our company if such a lie remains unchallenged? Nobody will look at our proposals. Everyone will say, "What have you done about the article that appeared in the Financial Field?" If we say we have done nothing, then, of course, the natural inference is that we are a pair of swindlers, and that our scheme is a fraud.'
'I have always thought,' said John, 'that the capitalization is too high.'
'Really, I believe you think that article is not so unfair, after all. John, I'm astonished at you!'
'But if we do commence a libel suit, it cannot be finished before our option has expired. If we tell people that we have begun a suit against the Financial Field for libel, they will merely say they prefer to wait and hear what the result of the case is. By that time our chances of forming a company will be gone.'