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There was just the flicker of a smile of appreciation of Bull's effrontery when he heard of his response to Peterman's invitation to sell. That alone of the whole story seemed to afford him interest. For the rest, it had only been the sort of thing he expected. He waited until the other had finished. Then he stirred in his chair.

They operated now to increase his resentment; they formed an almost detached disapproval situated within his own breast, a criticism of his thoughts, his emotions, against which he vainly raged, setting himself pointedly in its defiance. He lounged past the Courthouse, past Peterman's hotel, to the post-office.

For this empty honor "Batty" Blake for as "Batty" he was known to nearly all the cities of America did an occasional bit of "stooling" for the Central Office, a tip as to a stray yeggman's return, a hint as to a "peterman's" activities in the shopping crowds, a whisper that a till tapper had failed to respect the Department's dead-lines. Yet nobody took Batty Blake seriously.

True, true you haven't a thing to blame yourself with. You've fought a mighty big fight I'd have been pleased to fight. It's just circumstances pitched you into the muss up, and let you see the thing your folks have brought about. It's that that's worrying. Think, Nancy, think hard. This is their fight. Not yours. The blood of Laval is on Elas Peterman's head.

He paused, deliberately insolent, challenging a rejoinder, until, none breaking the strained silence, he swung about, and, at the horses' heads, led them to their stabling at Peterman's Hotel.

Can't the offer be made more suitable? More ?" Peterman's eyes suddenly hardened. "What do you mean? I haven't handled him right? I've blundered? I " He laughed without any mirth. "See here, Nancy, my dear, you're a bright girl, but don't hand me your worry for this darn fool. You're kind of tender-hearted.

Nancy watched him pass into the waiting automobile, and responded to his final wave of the hand. Then she turned to the porter, and her smile had completely vanished. Nathaniel Hellbeam stood up. He had been seated at Elas Peterman's desk studying the papers which his managing director had set out for his perusal. His gross body hung over the table for a moment as he reached towards his hat.

It'll save you a deal, and it'll hand me a chance to blow off the hot air that's mostly my way. This is the position. Peterman's wise to the things doing right here. The Skandinavia's up against years of cutting on the Shagaunty. The Shagaunty's played right out. You folks have got to open new stuff. It's my job to know all this. Very well. As I said, Peterman's at last got wise to us.

But from all I know of Sachigo, if you perhaps the king of financiers on this continent went to these folk and offered them double what their enterprise is worth, I guess they'd chase you out of Labrador so quick you wouldn't have time to think the blasphemy suitable to the occasion." Peterman's explanation caught the humour of his countryman.

"It must be near dinner at Peterman's," she remarked; "on Sunday you've got to be on time." In response to her suggestion he turned toward the road. They walked back silently until they were opposite the priest's. "I'd better go on alone," she decided. Her hands clung to his shoulders and she sought his lips. "Soon again," she murmured. "Don't desert me; I am entirely alone except for you."