"The President took the only logical position," he remarked to his companions; "but I tell you, gentlemen, that there is not the slightest possibility of passing any bill through either house which can accomplish the results we all desire."

"In another twelve months," observed Gorham, "granting that the Companies continues to make history as it has, the people themselves will prevent their representatives from interfering."

"Provided nothing occurs to raise a doubt as to the integrity of the
Companies' motives," added the Attorney-General, suggestively.

"How could such a doubt be raised?" Gorham was incredulous.

"By having some official in your corporation act in defiance of the principles which you have upheld."

"We have a five-years' record to fall back upon."

"Yes; but as the Companies grows larger the risk increases."

"And the careful surveillance increases in like ratio."

"There are human limitations, Mr. Gorham," laughed the Attorney-General.

XIX