“That’s good. Well, I’m ready for you as soon as I get this statement off to the bank. What’s the idea, Tom, borrowing so much money on notes?”

“Got to have it, Ned,” and the young inventor seemed a bit put out by the question.

“Is it for this new invention?”

“Yes.”

“Well, why not sell some of your securities? Money is high now, and to borrow it I’ve got to make statements to the bank that disclose a lot of your private dealings. Of course, they’re in safe hands, but——”

“Go ahead and get the money, Ned. We’ll need all that and more. I’ve sunk a lot in this invention, but I’ll get it all back again, and more too. No use spoiling the ship for a pennyworth of tar, you know.”

“Yes, I know, Tom. And if you’re sure you’re on the right track——”

“I’m never sure of anything in this world, Ned. But I know one thing, if I don’t pull out of this a winner, the banks will be asking a lot more questions than they have.”

“As bad as that?” asked Ned, struck by his friend’s serious manner.

“As bad—or as good. It depends on how you look at it. But I’ll leave the finances to you. I’m going to try out some new ideas now as soon as you can get into the broadcasting room.”