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Neither Strobik, Harmon, nor Wycroft knew how the certificates of city loan, which were worth only ninety on the open market, were to be made to sell for one hundred on 'change, but Mollenhauer's secretary, one Abner Sengstack, had suggested to Strobik that, since Butler was dealing with young Cowperwood and Mollenhauer did not care particularly for his private broker in this instance, it might be as well to try Cowperwood.

At the sound of this dreadful name Stener wilted like a leaf. Cowperwood saw it. He realized that his last hope of getting the three hundred thousand dollars was now probably gone. Still he did not propose to give up as yet. "Well, George," he said, after Albert had gone out with instructions that Stener would see Sengstack in a moment. "I see how it is. This man has got you mesmerized.

Via another source they were ordered to disgorge at once or face prosecution. They were a part of Mollenhauer's political machine. Then, having cautioned Stener not to set over the remainder of his property to any one, and not to listen to any one, most of all to the Machiavellian counsel of Cowperwood, Sengstack left. Needless to say, Mollenhauer was greatly gratified by this turn of affairs.

He knew a great deal about human nature, and he was ready for and expectant of any queer shift in an individual's attitude, particularly in time of panic; but this shift of Stener's was quite too much. "Whom else have you been talking to, George, since I saw you? Whom have you seen? What did Sengstack have to say?"

Albert was still connected with the city treasury, as was Stener, and engaged with Sengstack and another personal appointee of Mollenhauer's in going over the treasurer's books and explaining their financial significance. Stires had come to Cowperwood primarily to get additional advice in regard to the sixty-thousand-dollar check and his personal connection with it.

Tighe & Co. would manage the "'change" subtleties of this without giving any one else a chance to bid, while at the same time making it appear an open-market transaction. At the same time Sengstack went carefully into the state of the treasurer's office for his master's benefit finding out what it was that Strobik, Wycroft, and Harmon had been doing with their loans.

Nevertheless, he got in his buggy again and drove directly to the city treasurer's office. Since Cowperwood's visit Stener had talked still more with Sengstack, Strobik, and others, all sent to see that a proper fear of things financial had been put in his heart. The result was decidedly one which spelled opposition to Cowperwood. Strobik was considerably disturbed himself.

Stener was in a state of complete collapse, even crying at one time at home in his bathtub. Mr. Abner Sengstack wrote that also, and had Mr. Stener sign it. And Mr. Mollenhauer's comment on that, before it was sent, was that he thought it was "all right."

Jacob Borchardt write the letters to which his name was attached? He did not. Mr. Abner Sengstack wrote them in Mr. Mollenhauer's office, and Mr. Mollenhauer's comment when he saw them was that he thought they would do that they were very good, in fact. And did Mr. George W. Stener, city treasurer of Philadelphia, write that very politic reply? He did not. Mr.

No more money was to be used under penalty of prosecution. If Stener wanted to see any one he must see Mollenhauer. Sengstack, having received a telegram from Strobik informing him of their proposed arrival at noon the next day, had proceeded to Wilmington to meet them.