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Efforts in this direction have been carried on persistently and systematically for years; and these efforts seem to have received some support from a class of Japanese politicians, apparently incapable of understanding what enormous tyranny a single privileged syndicate of foreign capital would be capable of exercising in such a country.

He was very proud of his art-letters, as he called them; but then Fulkerson was proud of everything he secured for his syndicate. The fact that he had secured it gave it value; he felt as if he had written it himself. One art trod upon another's heels with Beaton. He had worked at it in a fury till the light failed him, and he execrated the dying day.

Mr. Barr-Smith returned to London soon, giving a parting luncheon in his rooms, where wine flowed freely, and toasts of many colors were pushed into the atmosphere. There was one to the President and the Queen, proposed by the host and drunk in bumpers, and others to Mr. Barr-Smith, his brother, and the members of the "Syndicate." The enthusiasm grew steadily in intensity as the affair progressed.

It is scarcely necessary that the common run should know just what the stir is about, so long as they are informed by their trusted betters that there is a grievance to redress. In effect, it results that the democratic nation's affairs are administered by a syndicate composed of the least democratic class in the population.

"Your tract is too small to be handled by a syndicate, and now that the levels of the Columbia desert are to be brought under a big irrigation project, which means a nominal expense to the grower, your high pocket, unimproved, will hardly attract the single buyer. Will you, then, plat it in five-acre tracts for the Seattle market and invite the interest of your friends?"

All branches of the Government united in accepting the offer of the Syndicate. The contract was signed, and the world waited to see what would happen next.

Further, an understanding as to Mr. Coburn's own position had been come to. He had practically admitted that the syndicate was a felonious conspiracy, and had stated that he would do almost anything to get out of it. Finally he had promised a decision on the whole question in three days' time. Quite a triumph, Merriman thought.

There was no signature and no address, and it struck me that as an example of polite letter-writing it certainly left something to be desired. Still, the message was clear enough, which was the chief point, so, folding it up, I thrust it back into the envelope and put it away in my pocket. After all, one can't expect a really graceful literary style from a High Explosives Syndicate.

Sloan?" "A newspaper syndicate," he explained, "has offered D.K.T. a fortune for a series of them." "Poor Willie!" she sighed. "He flunked his English exam, to-day. I'm afraid I shall have him another year." "He is a lucky boy," said Sloan. "Do you think so?" Clearly her meaning was, "Do you think he is lucky when a powerful newspaper goes out of its way to crush him?"

"Then the essential thing for me to do is to invent some apparatus which I can sell to a syndicate for half a million dollars." "That would be very nice, Morgan," she answered, smiling brightly. "But you know perfectly well that if we go on just as we are to the end, I shall be thoroughly proud of you, and thoroughly happy relatively speaking."