"I had almost forgotten the affair myself," says Steele. "It was more than a dozen years ago, when Twombley-Crane was still actively interested in the railroad game. He was president of the Q., L. & M.; made a hobby of it, you know. Used to deliver flowery speeches to the stockholders, and was fond of boasting that his road had never passed a dividend. About that time Gordon was organizing the Water Level System. He needed the Q., L. & M. as a connecting link. But Twombley-Crane would listen to no scheme of consolidation. Rather an arrogant aristocrat, Twombley-Crane, as perhaps you know?"

"Yes, he's a bit stiff in the neck," says I.

"He gave Gordon a flat no," goes on Steele. "Had him shown out of his office, so the story went. And of course Pyramid started gunning for him. Twombley-Crane had many interests at the time, financial, social, political. But suddenly his appointment as Ambassador to Germany, which had seemed so certain, was blocked in the Senate; his plans for getting control of all the ore-carrying steamer lines on the Lakes were upset by the appearance of a rival steamship pool; and then came the annual meeting of the Q., L. & M., at which Gordon presented a dark horse candidate. You see, for months Pyramid had been buying in loose holdings and gathering proxies, and on the first ballot he fired Twombley-Crane out of the Q., L. & M. so abruptly that he never quite knew how it happened. And you know how Gordon milked the line during the next few years. It was a bitter pill for Twombley-Crane; for it hurt his pride as well as his pocketbook. That was why he quit Chicago for New York. Not a bad move, either; for he bought into Manhattan Transportation at just the right time. But I imagine he never forgave Gordon."

"Huh!" says I. "So that's why they used to act so standoffish whenever they'd run across each other here at the studio. Well, well! And what's your idea of applyin' a poultice to Twombley-Crane's twelve-year-old sting?"

"Ah-h-h!" says J. Bayard, rubbin' his hands genial, and at the same time watchin' me narrow to see how I'm goin' to take it. "Rather difficult, eh? I confess that I was almost stumped at first. Why, he's worth to-day twice as much as Gordon ever was! So it ought to be something handsome, hadn't it?"

"That depends," says I. "Have anything special in mind, did you?"

"Oh, yes," says Steele. "Now what do you say to presenting him with a nice, comfortable steam yacht, all equipped for cruising, with a captain and——"

"Flag it!" says I. "Twombley-Crane ain't a yachty person, at all. He's a punk sailor, to begin with. Besides, he's tried ownin' a yacht, and she almost rusted apart waitin' for him to use her. Nothing like that for him."

J. Bayard looks mighty disappointed. He'd planned on spendin' a couple of hundred thousand or so of Pyramid's money at one lick, you see, which would have been some haul for him, and my turnin' the scheme down so prompt was a hard blow. He continued to argue the case for ten minutes before he gives up.

"Well, what is the objection, then," he goes on, "to a handsome limousine, with one of those luxurious French bodies, solid silver fittings, and——"