THE UNIVERSITY INTELLIGENCE OFFICE

BY JOHN KENDRICK BANGS

"Mr. Brief," said the Idiot the other morning as the family of Mrs. Smithers-Pedagog gathered at the breakfast table, "don't you want to be let in on the ground floor of a sure thing?"

"I do if there's no cellar under it to fall into when the bottom drops out," smiled Mr. Brief. "What's up? You going into partnership with Mr. Rockefeller?"

"No," said the Idiot. "There isn't any money in that."

"What?" cried the Bibliomaniac. "No money in a partnership with Rockefeller?"

"Not a cent," said the Idiot. "After paying Mr. Rockefeller his dividend of 105 per cent. of the gross receipts and deducting expenses from what's left, you'd find you owed him money. My scheme is to start an entirely new business—one that's never been thought of before apparently—incorporate it at $100,000, of which I am to receive $51,000 in stock for the idea, $24,000 worth of shares to go to Mr. Brief for legal services and the balance to be put on the market at 45."

"That sounds rich," said Mr. Brief. "I might devote an hour of my time to your scheme some rainy Sunday afternoon when there is nothing else to do, for that amount of stock, provided, of course, your scheme has no State's Prison string tied to it."

"There isn't even a county jail at the end of it," observed the Idiot. "It's clean, clear and straight. It will fill a long felt want, and, as I see it, ought to pay fifty percent dividends the first year. They say figures don't lie, and I am in possession of some that tell me I've got a bonanza in my University Intelligence Office Company."