“All right, Mr. Clark. If you ‘re going to fight that way, it can’t be helped. The Guardian is n’t going to back down. We’ll fight you on your own terms, to a finish.” The red face of the local great man grew redder. “With this difference, that we’ll fight fair.” The face turned purple. “I bid you good-day, sir.”

“What do you mean by talking to me about fairness?” burst out the other. “You don’t know what fairness is.”

“Call it patriotism, then. If I were in your position, Mr. Clark, I don’t think I’d care to make a deal with the Deutscher Club committee, to try and ruin a newspaper for daring to be American and not hyphen-American.” Montrose Clark bolted up out of his chair. “It’s a lie,” he roared.

“It’s the truth. Ask Judge Dana. You’re going to put him up for the Court of Appeals, I hear. Let me suggest that you read his record first. Or, you can read it later in The Guardian.”

“Don’t you threaten your betters, sir.” Jeremy laughed. “Let me tell you before you go,” pursued the exacerbated banker, “that I have n’t forgotten your impertinence in pretending to expect me to trot around to your wretched little newspaper office.”

Instead of annoying, this final flash of pettiness rather cheered Jeremy. After all, he reflected, on his way back, a man so small-souled could not be a very formidable opponent. Montrose Clark, he surmised, was powerful chiefly because nobody had ever boldly challenged his power. Nevertheless, Jeremy did not under-reckon the seriousness of his situation. Money the paper must have, and at once. By gutting his reserve and selling some high-grade stocks in an unfavorable market, he could pay off the note. But, in that case, The Guardian would have to continue on a shoe-string, and with obvious troubles looming ahead. He laid the problem in conference before Andrew Galpin and Max Verrall. Verrall, who for weeks had been prowling about the office with his pale and bony fingers plunged in his brickish hair, ready at any moment, one might infer, to pluck out some desperate handfuls, promptly made the same suggestion that Montrose Clark had proffered, though in a different tone.

“Go to the Governor.”

“How would he have any spare money?” demanded Galpin.

“He can get it easy enough. His name on a note would go with any bank in the Northern Tier.”

“No. That won’t do,” objected Jeremy. “We’re too close politically. That would compromise The Guardian if it were ever known.”