Sir Archibald lifted his eyebrows--then pursed his lips. The matter of credit was evidently to be proposed to him. It was to be put, too, it seemed, in a business way. Very well: Sir Archibald would deal with the question in a business way. He felt a little thrill of pleasure--he was quite conscious of it. It was delightful to have his only son in a business discussion, at the familiar old desk, with the fire glowing, the wind rattling the windows and the rain lashing the panes. Sir Archibald was a business man; and now he realized for the first time that Archie was grown to a companionable age. This, after all, he reflected, was what he had been working for: To engage in business with his own son.
"Then you want credit?" said he.
"Look here, dad!" Archie burst out; "of course, I want credit. I"ll tell you all about it," he rattled anxiously. "We want--we means Billy Topsail, Jimmie Grimm, Donald North and me--they"re all Ruddy Cove fellows, you know--we want to charter the _On Time_ at Ruddy Cove, call her the _Spot Cash_, stock her cabin and hold--she"s only a twenty-tonner--and ship Bill o" Burnt Bay for skipper and trade the ports of White Bay and the French Sh.o.r.e. All the boys----"
[Ill.u.s.tration: "--WE WANT TO CHARTER THE _ON TIME_ AND TRADE THE PORTS OF THE FRENCH Sh.o.r.e."]
"My traders," Sir Archibald interrupted, quietly, "are trading White Bay and the French Sh.o.r.e."
"I know it, dad," Archie began eagerly, "but----"
"Will you compete with them?" Sir Archibald asked, his eyes wide open.
"The _Black Eagle_ sails north on a trading voyage in a fortnight.
She"s loading now."
"That"s all right," said Archie, blithely. "We"re going to----"
"Encounter harsh compet.i.tion," Sir Archibald put in, dryly. "How will you go about it?"
Archie had been fidgeting in his chair--hardly able to command his politeness.
"A cash trader!" he burst out.
"Ah!" Sir Archibald drawled, enlightened. "I see. I see-ee!"
"We"ll be the only cash trader on the coast, dad," Archie continued; "and we"ll advertise--and carry a phonograph--and sell under the credit prices--and----"
Sir Archibald whistled in chagrin.
"And we"ll make good," Archie concluded.
"You little pirate!" Sir Archibald e.j.a.c.u.l.a.t.ed.
Father and son laughed together. Then Sir Archibald began to drum on the desk with his finger-tips. Presently he got up and began to pace the floor, his hands thrust deep in his pockets, his lips pursed, his brows drawn in a scowl of reflection. This was a characteristic thing.
Sir Archibald invariably paced, and pursed his lips, and scowled, when a problem of more than ordinary interest engaged him. He knew that Archie"s plan was not unreasonable. There _might_--there _ought_ to be--good profit in a cash-trading voyage in a small schooner to the harbours of White Bay and the French Sh.o.r.e. There are no shops in most of these little settlements. Shops go to the people in the form of trading-schooners from St. John"s and the larger ports of the more southerly coast. It is in this way that the fisher-folk procure their flour and tea, their medicines and clothing, their tackle, their mola.s.ses, pins and needles, their trinkets, everything, in fact, both the luxuries and necessities of life. It is chiefly a credit business, the prices based on credit; the folk are outfitted in the spring and pay in salt-cod in the late summer and fall. Why shouldn"t a cash-trader, underselling the credit plan, do well on the coast in a small way?
By and by, his face clearing, Sir Archibald sat down at the desk again.
"How much do you want?" he asked, directly.
Archie took a grip on the arms of his chair and clenched his teeth. It took a good deal of resolution to utter the amount.
"Well, well?" Sir Archibald impatiently demanded.
"A thousand dollars," said Archie, grimly.
Sir Archibald started.
"Two hundred and fifty dollars in cash," Archie added, "and seven hundred and fifty in credit at the warehouse."
"What"s the security?" Sir Archibald blandly inquired.
"Security!" Archie gasped.
"It is a customary consideration in business," said Sir Archibald.
Archie"s house of cards seemed to be tumbling about his ears.
Security? He had not thought of that. He began to drum on the desk with his finger-tips. Presently he got up and began to pace the floor, his hands thrust deep in his pockets, his lips pursed, his brow drawn in a scowl of reflection. Sir Archibald, recognizing his own habit in his son"s perturbation, smiled in a fatherly-fond way. The boy was very dear to him; no doubt about it. But Sir Archibald was not sentimental in the affection.
"Well, sir," said Archie, by and by, his face clearing as he sat down, "I could offer you security, and good enough security, but it doesn"t seem quite fair."
Sir Archibald asked the nature of the bond.
"I have a pony and cart, a motor boat and a sloop yacht," Archie replied, grinning. "I "low," he drawled, with a sly drooping of his eyelids, "that they"re worth more than a thousand dollars. Eh, father?
What do _you_ think?"
Sir Archibald guffawed.
"The trouble is," Archie went on, seriously, "that you gave them to me; and it doesn"t seem fair to you to offer them as security. But I tell you, dad," he declared, "if we don"t make good in this trading cruise I"ll sell those things and do without "em. It isn"t fair, I know--it seems pretty mean to you--it looks as if I didn"t care for what you"ve given me. But I do care; and you know I care. The trouble is that I want awfully to go trading."
"It is the only security you have?"
"Except mother," said Archie. "But," he added, hastily, "I wouldn"t--I _won"t_--drag a lady into this."
Sir Archibald threw back his head and roared.
"What you laughing at, dad?" Archie asked, a little offended, if a quick flush meant anything.
"I"m sure," his father replied, "that the lady wouldn"t mind."
"No," said Archie, grave with his little problem of honour; "but I wouldn"t let a lady in for a thing like that."
"Son," said Sir Archibald, now all at once turning very serious, "you have better security than your pony and sloop."
Archie looked up in bewilderment.
"It is your integrity," Sir Archibald explained, gently, "and your efficiency."
Archie flushed with pleasure.
"These are great things to possess," said Sir Archibald.
"Thank you, sir," said Archie, rising in acknowledgment of this hearty compliment.
The lad was genuinely moved.