A GOOD TRUE FRIEND
cial world, and that is a man of honor. He is not for sale, and I want to say that I feel as safe about the company's money out there as if I was settin' on it; but he needs watching," added the colonel, "he needs watching."
"What do you mean?" said Mrs. Murray, whose pale face had flushed with pleasure and pride at the colonel's praise of Ranald.
"Too much philanthropy," said the colonel, bluntly; "the British-American Coal and Lumber Company ain't a benevolent society exactly."
"I am glad you spoke of that, Colonel Thorp; I want to ask you about some things that I don't understand. I know that the company are criticising some of Ranald's methods, but don't know why exactly."
"Now, Colonel," cried Kate, "stand to your guns."
"Well," said the colonel, "I am going to execute a masterly retreat, as they used to say when a fellow ran away. I am going to get behind my company. They claim, you see, that Ranald ain't a paying concern."
"But how?" said Mrs. Murray.
Then the colonel enumerated the features of Ranald's management most severely criticised by the company. He paid the biggest wages going; the cost of supplies for the camps was greater, and the company's stores did not show as large profits as formerly; "and of course," said the colonel, "the first aim of any company is to pay dividends, and the manager that can't do that has to go."
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