"Yes," said Magnus. "According to this contract I am to be taken into partnership on marrying Thora, but only on a quarter share. Partnership is partnership, and where there are two partners it should be half and half--I must have half."
The company listened in consternation, and the Factor began to laugh. "Why not?" he said in a cynical tone. "Everything is hay in hard weather. I'm so hard up for a son-in-law that I shouldn't stick at a trifle."
"Old friend," said the Governor, "let us not be too hasty. Perhaps Magnus has not made himself quite plain."
"As plain as a pikestaff. He wants an equal partnership. But perhaps that is not all. Is there anything else?"
"Yes, there is, sir," said Magnus, in a rather aggressive manner. "By this deed, when you retire I am to take over the business, but I am only to have one-third share of the profits. I must have two-thirds."
"In--deed!" said the Factor. "Do you know I thought if I allowed you to come into the business that I had made, and to work it with my plant and my capital, one-third was generous."
"Most generous!" said the Governor, mopping his forehead. "But Magnus is slow--slow both of thought and speech. He must have some explanation. What do you mean, Magnus? Take your time and speak plainly."
"I mean, sir," said Magnus, "that the barter business in Iceland will break up before long. When the Factor retires--perhaps before--his business will be worth nothing--not even the name, for that will be less than nothing. A new business will have to be created, and if I am to create it I must have two-thirds of the profits, leaving one-third for the use of the Factor's money."
The Factor was losing his temper. "Why any at all?" he said. "Why not kick me out altogether? No use beating a dog with a cheese when a whip is handy."
The company were murmuring at Magnus, when the Governor interposed again. "Magnus," he said, "to say I'm astonished is to say nothing. The Factor has treated you with boundless liberality, but no well is so deep that it can't be emptied, and if you go any farther----"