I WILL REMEMBER
an awkward position. Last May, just after you left for the north, Colonel Thorp, of the British-American Coal and Lumber Company, operating in British Columbia and Michigan, called to see me, and made an offer of $75,000 for our Bass River limits. Of course you know we are rather anxious to unload, and at first I regarded his offer with favor. Soon afterwards I received your first report, sent apparently on your way up. I thereupon refused Colonel Thorp's offer. Then evidently upon the strength of your report, which I showed him, Colonel Thorp, who by the way is a very fine fellow, but a very shrewd business man, raised his offer to an even hundred thousand. This offer I feel inclined to accept. To tell you the truth, we have more standing timber than we can handle, and as you know, we are really badly crippled for ready money. It is a little unfortunate that your last report should be so much less favorable in regard to the east half of the limits. However, I don't suppose there is any need of mentioning that to Colonel Thorp, especially as his company are getting a good bargain as it is, and one which of themselves, they could not possibly secure from the government. I write you this note in case you should run across Colonel Thorp in town to-morrow, and inadvertently say something that might complicate matters. I have no doubt that we shall be able to close the deal in a few days.
Now I want to say again how delighted we all are to have you back. We never realized how much we were dependent upon you. Mr. Raymond and I have been talking matters over, and we have agreed that some changes ought to be made, which I venture to say will not be altogether disagreeable to you. I shall see you first thing in the morning about the matter of the limits. Maimie has got home, and is, I believe, expecting you at her party to-morrow night. Indeed, I understand she was determined that it should not come off until you had returned, which shows she shares the opinion of the firm concerning you.I am yours sincerely,
Eugene St. Clair.
Ranald sat staring at the letter for a long time. He saw with perfect clearness Mr. St. Clair's meaning, and a sense of keen humiliation possessed him as he realized what it was that he was expected to do. But
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