LITMIR.BIZ

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I am down to get leave of absence to go East," said Ford warily.

      "But that isn't all," was the quiet rejoinder. "In fact, it's only the non-committal item that you'd give to a Rocky Mountain News reporter."

      Ford was impatient of diplomatic methods when there was no occasion for them.

      "Give it a name," he said bluntly. "What do you think you know, Evans?"

      The auditor smiled.

      "There is a leak in your office up at Saint's Rest, I'm afraid. What sort of a bombshell are you fixing to fire at Mr. North?"

      Ford grew interested at once.

      "Tell me what you know, and perhaps I can piece it out for you."

      "I'll tell you what Mr. North knows—which will be more to the purpose, perhaps. For a year or more you have been figuring on some kind of a scheme to pull the company's financial leg in behalf of your good-for-nothing narrow gauge. A month ago, for example, you went all over the old survey on the other side of the mountains and verified the original S.L. & W. preliminaries and rights-of-way on its proposed extension."

      Ford's eyes narrowed. He was thinking of the warning letter he would have to write to Frisbie. But what he said was:

      "I'd like to know how the dickens you guessed all that. But no matter; supposing I did?"

      "It's no good," said the auditor, shaking his head. "I'm talking as a friend. North doesn't like you, personally; and if he did, you couldn't persuade him to recommend anything in the way of an experiment on the Plug Mountain. So far from extending your two-by-four branch—if that is what you have in mind—he'd be much more likely to counsel its abandonment, if the charter didn't require us to keep it going."

      Ford found a cigar for the auditor, and lighted one for himself.

      "From all of which I infer that the semiannual report of the Pacific Southwestern is going to be a pretty bad one," he said, with carefully assumed indifference.

      Evans regarded him shrewdly.

      "Are you guessing at that? Or is there a leak at our end of the line as well as at yours?"

      "Oh, it's a guess," laughed Ford. "Call it that, anyhow. At least, I haven't any of your confidential clerks in my pay. But just how bad is the report going to be?"

      The auditor shook his head.

      "Worse than the last one. Perhaps you have noticed that the stock has dropped six points in the past week. You're one of the official family: I don't mind telling you that we are in the nine-hole, Ford."

      "Of course we are," said Ford, with calm conviction. "That much is pretty evident to a man who merely reads the Wall Street news bulletins. What is the matter with us—specifically, I mean?"

      Evans shrugged.

      "Are you a division superintendent on the system and don't know?" he demanded. "We are too short at both ends. With our eastern terminal only half-way to Chicago, we can't control the east-bound grain which grows on our own line; and with the other end stopping short here at Denver, we can't bid for west-bound transcontinental business. It's as simple as twice two. Our competitors catch us going and coming."

      "Precisely. And if we don't get relief?"

      The auditor smiled grimly.

      "As I've said, you're one of us, Ford, and I don't mind speaking freely to you. A receivership is looming in the distance, and the not very dim distance, for the P. S-W."

      "I thought so. How near is it?"

      "I don't know—nobody knows definitely. If we had a man of resources at the head of things—as we have not—it might be stood off for another six months."

      "I'm on the way to stand it off permanently, if I can get any backing," said Ford quietly.

      "You!" was the astonished reply.

      "Yes, I. Listen, Evans. For two years I have been buried up yonder in the hills, with not enough to do in the summer season to keep me out of mischief. I am rather fond of mathematics, and I am telling you I have this thing figured out to the fourth decimal. If President Colbrith and his associates can be made to see that the multiplication of two by two gives an invariable resultant of four, there will be no receivership for the P. S-W. this year, or next."

      "Show me," said the auditor.

      Ford hesitated for a moment. Then he took a packet of papers, estimates, exhibits and fine-lined engineer's maps from his pocket and tossed it across the table.

      "That is for you, personally—for David Evans; not the P. S-W. auditor. You've got to keep it to yourself."

      The auditor went through the papers carefully, shifting his cigar slowly from one corner of his mouth to the other as he read and examined. When he handed them back he was shaking his head, almost mournfully.

      "It's a big thing, Ford; the biggest kind of a thing. And it is beautifully worked out. But I know our people, here and in New York. They will simply give you the cold stare and say that you are crazy."

      "Because it can't be financed?"

      "Because it doesn't come from Hill or Harriman or Morgan, or some other one of the big captains. You'll never be able to stand it upon its feet by your single-handed lonesome."

      Ford set his teeth, and his clean-cut face seemed to grow suddenly older and harder as the man in him came to the fore.

      "By heavens! if I put my back under it, it's got to stand upon its feet! I'm not going into it with the idea that there is any such thing in the book as failure."

      The auditor looked darkly into the cool gray eyes of the man facing him.

      "Then let me give you a word of advice before you start in. Skip North, absolutely; don't breathe a word of it to him. Don't ask me why; but do as I say. And another thing: drop into my office to-morrow before you leave. I'll show you some figures that may help you to stir things up properly at the New York end. Do you go direct from here?"

      "No; I shall have to stop over a few days in Chicago. I know pretty well where to put my hands on what I need; I have laid the foundations from the bottom up by correspondence. But I want to go over the situation on the ground before I make my grand-stand play before Mr. Colbrith and the board of directors."

      "Well, come in and get the figures, anyway: come to the private door of my office and rap three times. It will be just as well if it isn't generally known that you are confabbing with me. Our semiannual report will probably be in New York ahead of you, but it won't hurt if you have the information to work with." Evans was pushing his chair from the table when he added: "By the way, you happened upon the exact psychological moment to make your raid; the report coming out, and things going to the dogs generally."

      Ford's laugh was genially shrewd.

      "Perhaps it wasn't so much of a happening as it appears. Didn't I tell you that I had figured this thing out to the fourth decimal place? Psychological moments are bigger arguments than dollars and cents, sometimes."

      The auditor had taken his hat from the waiter and was shaking hands with his dinner companion.

      "I'd like to believe you're a winner, Ford; you deserve to be. Come and see me—and make your call upon Mr. North as brief as possible. He'll probe you if you don't."

      This was how it came about that the next morning, when Ford went to call upon the sallow, heavy-faced, big-bodied man who sat behind the glass door lettered "General Manager, Private,"—this after half an hour spent in Auditor Evans' private office—it was only to ask for leave of absence to go East—on business of a personal nature, he explained, when Mr. North was curious enough to ask his object.

III

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