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Updated: May 5, 2025


"Now, let's see your memoranda," said Newmark. He frowned over the three simple items for some time. "It's got me," he confessed at last. "What?" inquired Orde. "What Heinzman is up to." "What do you mean?" asked Orde, turning in his chair with an air of slow surprise. "It all looks queer to me. He's got something up his sleeve. Why should he take a bond with that security from us?

"'Coon's come down," said the latter. Orde found the mill man pacing restlessly up and down before a steaming pair of horses. Newmark, perched on a stump, was surveying him sardonically and chewing the end of an unlighted cigar. "Here you poth are!" burst out Heinzman, when Orde stepped ashore. "Now, this must stop. I must not lose my logs! Vat is your probosition?"

Men slept on the deck of the tug, aboard the pile-driver. Two or three had even curled up in the crevices of the jam, resting in the arms of the monster they had subdued. When Newmark left, in the early stages of the jam, he gave scant thought to the errand on which he had ostensibly departed. Whether or nor Orde got a supply of piles was to him a matter of indifference.

Therefore, the loggers were only too willing to renew their contracts for another year. This did not satisfy Newmark, however. "What we want," he told Orde, "is a charter giving us exclusive rights on the river, and authorising us to ask toll. I'm going to try and get one out of the legislature."

"We'd have to have a few little things like distributing booms, and tugs, and a lot of tools and supplies and works of various kinds." "Well, we'd get them." It was now Orde's turn to ask questions. "How much are you worth?" he inquired bluntly. "About twenty thousand dollars," replied Newmark. "Well, if I raise very much more than twenty thousand cents, I'm lucky just now."

"Oh, yes, you BET!" shrugged Newmark. "And that's where the card-sharps get you fellows every time. Well, pick it," said he, again deftly flipping the cards. Nolan, who had watched keenly, indicated one without hesitation. Again it proved to be the ten of spades. "Anybody else ambitious?" inquired Newmark.

If that jam goes out I vill lose a heap of money." "Well, you'll make quite a heap on this deal," said Newmark carelessly. "Suppose he holds it," said Heinzman, pausing. "I hate like the mischief to joomp on him." "Rot!" said Newmark decisively. "That's what he's there for." He looked at the German sharply. "I suppose you know just how deep you're in this?"

To this Orde could hardly in reason oppose an objection, as it nearly duplicated his own transaction of 1878. Newmark therefore, through Heinzman, lent this sum to himself. It may now be permitted to forecast events in the line of Newmark's reasoning. If his plans should work out, this is what would happen: in 1883 the firm's note for $75,000 would come due. Orde would be unable to pay it.

"Heinzman died of smallpox at four o'clock this afternoon," said Orde. Newmark did not alter his attitude nor his expression, but his face slowly went gray. For a full minute he sat absolutely motionless, his breath coming and going noisily through his contracted nostrils. Then he arose gropingly to his feet, and started toward one of the two doors leading from the room.

We'll keep just enough between us to control the company say fifty-one thousand. I'll put in my pile, and you can pay for yours out of the earnings of the company." "That doesn't sound fair," objected Orde. "You pay interest," explained Newmark. "Then we'll sell the rest of the stock to raise the rest of the money." "If we can," interjected Orde. "I think we can," asserted Newmark.

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