"Yes, yes!" Carrington spluttered, forgetful of the rebuke just administered to him. "And, on the four lots, Hamilton, you cleaned up a profit, while I lost out—so much that I had to sell control of my plant. And you call that fair competition!"

Morton grinned appreciation. The young man regarded the ponderous figure of Carrington with something approaching stupefaction over the sheer bravado of the question.

"Was that your motive in joining the trust," he demanded ironically: "to get fair competition?"

Again, Morton laughed aloud, in keen enjoyment of the thrust.

"You're your own father's son, Hamilton," he declared, gaily.

Hamilton, however, was not to be cajoled into friendliness by superficial compliment.

"Probably," he said sternly, "I might not have been able to do so well, if you had not been clever enough to let both Carrington and myself each see the figures of the other's secret bid as a great personal favor."

As the words entered Carrington's consciousness, the ungainly form sat erect with a sudden violence of movement that sent the chair sliding back three feet over the polished floor. The red face darkened to a perilous purple, and the narrow, dull eyes flashed fire. He struggled gaspingly for a moment to speak—in vain. Morton's eyes were fixed on the man, and those eyes were very clear and very cold. Carrington met the steady stare, and it sobered his wrath in a measure, so that presently he was able to utter words intelligibly. But, now, they were not what they would have been a few seconds earlier:

"You—you told him what I bid?"