"Correct," said he. "Good enough. I ought to get along on a margin like that."
He went over to his own desk, where he again set to figuring on his pad. The results he eyed a little doubtfully. Each year he must pay in interest the sum of seven thousand five hundred dollars. Each year he would have to count on a proportionate saving of fifteen thousand dollars toward payment of the notes. In addition, he must live.
"The Orde family is going to be mighty hard up," said he, whistling humorously.
But Orde was by nature and training sanguine and fond of big risks.
"Never mind; it"s for Bobby," said he to himself. "And maybe the rate of interest will go down. And I"ll be able to borrow on the California tract if anything does go wrong."
He put on his hat, thrust a bundle of papers into his pocket, and stepped across the hall into Taylor"s office.
The lawyer he found tipped back in his revolving chair, reading a printed brief.
"Frank," began Orde immediately, "I came to see you about that California timber matter."
Taylor laid down the brief and removed his eye-gla.s.ses, with which he began immediately to tap the fingers of his left hand.
"Sit down, Jack," said he. "I"m glad you came in. I was going to try to see you some time to-day. I"ve been thinking the matter over very carefully since the other day, and I"ve come to the conclusion that it is too steep for me. I don"t doubt the investment a bit, but the returns are too far off. Fifteen thousand means a lot more to me than it does to you, and I"ve got to think of the immediate future. I hope you weren"t counting on me--"
"Oh, that"s all right," broke in Orde. "As I told you, I can swing the thing myself, and only mentioned it to you on the off chance you might want to invest. Now, what I want is this--" he proceeded to outline carefully the agreement between himself and Newmark while the lawyer took notes and occasionally interjected a question.
"All right," said the latter, when the details had been mastered. "I"ll draw the necessary notes and papers."
"Now," went on Orde, producing the bundle of papers from his pocket, "here"s the abstract of t.i.tle. I wish you"d look it over. It"s a long one, but not complicated, as near as I can make out. Trace seems to have acquired this tract mostly from the original homesteaders and the like, who, of course, take t.i.tle direct from the government. But naturally there are a heap of them, and I want you to look it over to be sure everything"s shipshape."
"All right," agreed Taylor, reaching for the papers.
"One other thing," concluded Orde, uncrossing his legs. "I want this investment to get no further than the office door. You see, this is for Bobby, and I"ve given a lot of thought to that sort of thing; and nothing spoils a man sooner than to imagine the thing"s all cut and dried for him, and nothing keeps him going like the thought that he"s got to rustle his own opportunities. You and I know that. Bobby"s going to have the best education possible; he"s going to learn to be a lumberman by practical experience, and that practical experience he"ll get with other people. No working for his dad in Bobby"s, I can tell you. When he gets through college, I"ll get him a little job clerking with some good firm, and he"ll have a chance to show what is in him and to learn the business from the ground up, the way a man ought to. Of course, I"ll make arrangements that he has a real chance. Then, when he"s worked into the harness a little, the old man will take him out and show him the fine big sugar pine and say to him, "There, my boy, there"s your opportunity, and you"ve earned it. How does ORDE AND SON sound to you?" What do you think of it, Frank?"
Taylor nodded several times.
"I believe you"re on the right track, and I"ll help you all I can," said he briefly.
"So, of course, I want to keep the thing dead secret," continued Orde.
"You"re the only man who knows anything about it. I"m not even going to buy directly under my own name. I"m going to incorporate myself," he said, with a grin. "You know how those things will get out, and how they always get back to the wrong people."
"Count on me," Taylor a.s.sured him.
As Orde walked home that evening, after a hot day, his mind was full of speculation as to the immediate future. He had a local reputation for wealth, and no one knew better than himself how important it is for a man in debt to keep up appearances. Nevertheless, decided retrenchment would be necessary. After Bobby had gone to bed, he explained this to his wife.
"What"s the matter?" she asked quickly. "Is the firm losing money?"
"No," replied Orde, "it"s a matter of reinvestment." He hesitated. "It"s a dead secret, which I don"t want to get out, but I"m thinking of buying some western timber for Bobby when he grows up."
Carroll laughed softly.
"You so relieve my mind," she smiled at him. "I was afraid you"d decided on the street-car-driver idea. Why, sweetheart, you know perfectly well we could go back to the little house next the church and be as happy as larks."
x.x.xII
In the meantime Newmark had closed his desk, picked his hat from the nail, and marched precisely down the street to Heinzman"s office. He found the little German in. Newmark demanded a private interview, and without preliminary plunged into the business that had brought him. He had long since taken Heinzman"s measure, as, indeed, he had taken the measure of every other man with whom he did or was likely to do business.
"Heinzman," said he abruptly, "my partner wants to raise seventy-five thousand dollars for his personal use. I have agreed to get him that money from the firm."
Heinzman sat immovable, his round eyes blinking behind his big spectacles.
"Proceed," said he shrewdly.
"As security in case he cannot pay the notes the firm will have to give, he has signed an agreement to turn over to me his undivided one-half interest in our enterprises."
"Vell? You vant to borrow dot money of me?" asked Heinzman. "I could not raise it."
"I know that perfectly well," replied Newmark coolly. "You are going to have difficulty meeting your July notes, as it is."
Heinzman hardly seemed to breathe, but a flicker of red blazed in his eye.
"Proceed," he repeated non-committally, after a moment. "I intend," went on Newmark, "to furnish this money myself. It must, however, seem to be loaned by another. I want you to lend this money on mortgage."
"What for?" asked Heinzman.
"For a one tenth of Orde"s share in case he does not meet those notes."
"But he vill meet the notes," objected Heinzman. "You are a prosperous concern. I know somethings of YOUR business, also."
"He thinks he will," rejoined Newmark grimly. "I will merely point out to you that his entire income is from the firm, and that from this income he must save twenty-odd thousand a year.
"If the firm has hard luck--" said Heinzman.
"Exactly," finished Newmark.
"Vy you come to me?" demanded Heinzman at length.
"Well, I"m offering you a chance to get even with Orde. I don"t imagine you love him?"
"Vat"s de matter mit my gettin" efen with you, too?" cried Heinzman.
"Ain"t you beat me out at Lansing?"
Newmark smiled coldly under his clipped moustache.
"I"m offering you the chance of making anywhere from thirty to fifty thousand dollars."
"Perhaps. And suppose this liddle scheme don"t work out?"
"And," pursued Newmark calmly, "I"ll carry you over in your present obligations." He suddenly hit the arm of his chair with his clenched fist. "Heinzman, if you don"t make those July payments, what"s to become of you? Where"s your timber and your mills and your new house--and that pretty daughter of yours?"