A CHANGE OF LUCK
Scott met George at Montreal, and after spending some days there left
for New York. When he stated the time of his return, George sent for
Agatha and in the evening they went to meet him at the Grand Trunk
Station. As they walked down the hill and by the Cathedral, Agatha felt
excited. She had soon discovered that it was one thing to find a silver
vein and another to raise the capital one required to open up the mine
and refine the ore. The cost of these operations, as calculated by
Scott, seemed enormous, and people rich enough to help either wanted the
largest share of the profit or were frankly skeptical. George had got
promises of some support, but much depended on the result of Scott's
visit to his wealthy friends.
It was dark when they walked up and down outside the platform gates; the
train was late, and Agatha tried to control her nervous impatience. She
could trust George's judgment about money matters and she liked Scott,
but she had got a habit of looking to Thirlwell when difficulties must
be met, and he could not help her now. He was in the North, where winter
would soon begin, doing her work with drill and giant powder. It was
good work that demanded strength and courage and knowledge of Nature's
laws; she would have liked to have been there with him, instead of in
the city where one must grapple with commercial subtleties.
By and by a bell tolled, there was a harsh rattle as the cars rolled in,
and a few moments later Scott pushed through the crowd at the gate.
Agatha went to meet him under a big lamp and saw by his look that he had
been successful.
"I have fixed things and imagine you'll approve," he said, as she gave
him her hand.
"That's a relief," George remarked. "We'll talk about it when we've got
some supper."
Scott laughed. "I think we'll call it dinner to-night. I'm suffering
from a natural reaction after our Spartan habits at the mine, and
believe the occasion indicates the Place Viger. In fact, I telegraphed
about a table and rooms."
They drove across the city, and Agatha looked about with some amusement
and curiosity as she ate her dinner among wealthy English and American
tourists in the big dining-room. George had taken her to a hotel of
another kind that catered for small business men, but she hoped Scott's
fastidious choice of the wines and the late flowers he had ordered were
justified. As she studied some of the other women's clothes and
contrasted them with hers, he looked up with a twinkle.
"It's obvious that Toronto can hold its own with London, Paris, and New
York," he said. "However, if you're fond of diamonds and such ornaments,
there's no reason you should exercise much self-denial."
"I don't know if I'm fond of diamonds or not. I have never had any,"
Agatha replied.
"Well, they're quite unnecessary, but you'll soon be able to have them
if you like. Your brother is plainly cautious; it will be your
privilege to enlarge his views."
George smiled rather grimly. "Agatha and I were brought up in a shabby
frame house behind a store and learned to think of cents instead of
dollars. Our father made some sacrifice to start us well; I know what it
cost him now."
"Perhaps we had better tell Miss Strange what we have done. When they
have brought us our coffee we'll find a quiet place where we can talk."
Some minutes later they sat down at a small table: behind a pillar in a
spacious room, and Scott took out a bundle of documents.
"This is the first meeting of the _Agatha Mine Company_, and it's proper
that Miss Strange should be our chairman. To begin with, we must appoint
executive officials and the president comes first. I think the place
belongs to Mr. Strange."
"No," said George, "the treasurer's my job. You want a business man to
keep a tight hand on the money."
They looked at Agatha, who made a sign of agreement. "Mr. Scott will be
president."
"Very well. The next is the general manager. Thirlwell's the best man I
know."
"I appointed him some time since," Agatha replied. "It's his post as
long as he likes, and he ought to be paid better than anybody else."
George glanced humorously at Scott. Agatha's manner was imperious and
her voice resolute. It looked is if she meant to use her new authority.
Scott nodded and gave her a document.
"The shareholders may have something to say about these appointments
later. In the meantime, this is a draft of our constitution. I must
state that we could have kept all the profit if we had borrowed the
money we need, but we should have had to pay high interest. On the
whole, it seemed better to float a small company; just large enough, in
fact, to get the protection the law allows a registered joint-stock
body. We find we can get the money easier in this way, and it divides
the risk. You will see that a large block of shares is reserved for
yourself and your brother; I take some in payment for the men and
supplies I am sending Thirlwell; and a number will be allotted at about
ninety, to the people who find the cash."
Agatha studied the document and gave it to George. "What does issuing
the stock at ninety mean?"
"Ninety cents for the dollar's worth of stock," George explained.
"That's a ten per cent. margin when it touches face value and it will
soon go higher."
"I see," said Agatha. "But the mine is ours, and by parting with these
shares we lose control."
"Not altogether," Scott replied. "Every share carries a vote. You and
your brother hold a large block, and the friends I've persuaded to join
us will vote with me. Of course, if anybody bought up the most part of
the other shares, he could give us trouble, but that's not likely. When
it's obvious that we're making a good profit none of the holders will be
willing to sell. In the meantime, some of the people are sending up a
mining expert, and if they're satisfied with his opinion they'll give us
the money."
"I suppose it's a good arrangement," said Agatha. "But before I agree
you must send the draft to Thirlwell."
"It might mean some delay. However, I expect he'll come down from the
mine to meet the expert, and if you insist--"
"I do insist," said Agatha. "I can do nothing until I know what my
manager thinks."
Scott promised to mail the document, and Agatha remarked: "When the
people have taken up the shares there will be some left."
"That is so," said George. "It may be convenient later; I dare say we
will want more money when we begin the smelting, but we'll probably be
able to issue the stock at a dollar then. In fact, I reckon we'll
presently have to ask for power to extend our capital."
"You must only sell this reserve block to people you can trust," said
Agatha, who began to ask questions about the mine.
Scott was surprised to find how much she knew, but he told her all he
could and it was late in the evening when the party broke up.
The engineer whom the subscribers sent North returned with a
satisfactory report, and Thirlwell got to work. He had much to do, and
although he was undecided about the future, resolved to stay until he
had opened up the vein. From the beginning he had to grapple with
numerous obstacles, for when he drove his adit the water broke in and
the rock was treacherous. Still he had tunneled far enough to escape the
frost when winter began, and the snow that stopped all surface work made
transport easier. One could travel straight across divides and frozen
lakes, and the sledges ran smoothly on the ice. When the trail south was
broken he built shacks at the camping places and kept a gang of
half-breeds felling trees and improving the road.
After some months, he found it necessary to visit the railroad
settlement, and reaching it one evening, tired and numbed by cold,
followed his sledge to the hotel in a thoughtful mood. For one thing, he
must write to Strange, whose last letter had hinted that he was anxious,
and it would be hard to send an encouraging report. The ore was good,
but the vein was thin and expensive to work. In fact, the working cost
was much higher than he had thought. When he entered the hotel he was
dazzled by the light, and the sudden change of temperature made him
dizzy. He stopped, wondering whether his eyes had deceived him, as a man
dressed in clothes that were obviously English came forward.
"Hallo, Jim!" said the latter.
"Allott!" exclaimed Thirlwell. "What are you doing here?"
The other laughed. "I left Helen at New York. She's going to Florida for
the winter with her American friends and I thought I'd look you up
before I followed. I've news, but it will keep until you have had some
food."
Had Thirlwell not been an important man, he would probably have had to
wait until next morning for a meal, but the landlord's wife bustled
about and supper was soon on the table. There were no other guests, and
when Thirlwell's appetite was satisfied he and Allott pulled their
chairs to the stove. The floor was not covered, the rough board walls
were cracked, and a tarry liquid dripped from the bend where the
stovepipe pierced the ceiling.
"The hotel is not luxurious and they have very crude ideas about
cookery, but they tried to suit my fastidious taste when I told them I
was a friend of yours," Allott remarked. "However, I don't suppose you
are remarkably comfortable at the mine, and you can change all this when
you like."
Thirlwell looked puzzled and Allott resumed: "You haven't opened your
mail yet and I didn't suggest it, because I wanted to talk to you first.
I wonder whether it will be a shock to hear that Sir James is dead?"
"I'm sorry," Thirlwell answered. "I think he'd have been kinder if I'd
let him. Perhaps I ought to have indulged him more than I did; but I was
obstinate, and--well, you know, he was harsh to my father--"
Allott made a sign of comprehension. "He died six weeks since and left
Helen most of his money; but he didn't cut you out."
Thirlwell moved abruptly.
"I expected nothing!"
"That was obvious," Allott remarked with some dryness. "Sir James was
very sore when you refused to come back, but he came round after a time.
When he was ill he told Helen it was refreshing to find a man who could
not be bought, and you were probably better fitted for roughing it in
Canada than the career he had planned for you. He added that he doubted
if there were many like you in that country. Still I think if you had
married Evelyn, you'd have got a larger share."
"Ah," said Thirlwell, "I had forgotten Evelyn! Is she with Helen?"
"Your admission's significant. Evelyn married Campbell--you remember
him? However, you don't seem very curious about your legacy."
"I was thinking about my quarrel with Sir James," Thirlwell replied.
"But I am curious."
Allott told him about the will and Thirlwell mused for some minutes. His
share was not very large, but he had expected nothing, and since he had
known Agatha he had felt the strain of poverty. He was not rich now, but
his handicap was lighter and he began to see a ray of hope. Then he
opened a letter from the English lawyers and asked Allott some
questions.
After a time Allott said, "Helen rather felt she was robbing you when
she heard the will and she was excited when you told us about the mine.
I hope the ore is as good as you thought."
"The ore is good, but difficult to work. Then I'm only manager; I hold
no shares."
"If you wished, you could buy enough to give you some control."
"Yes; I shall do so, now I'm able."
"Well," said Allott, "Helen sent me to look you up and gave me a
message. This money was something of a surprise, and after building a
vinery and buying a new car, she doesn't know what to do with it. I
pointed out that it could be invested on good security at three or four
per cent., but she declares this is not enough. In short, she's resolved
that you are to use the money to develop your mine, but she ordered me
to mention that she expects a handsome profit."
Thirlwell smiled, although he was moved. He knew Mrs. Allott had tried
to help him before, and it was plain that she had not resented his
refusing her aid.
"I think I see," he answered. "Helen's very kind. We ought to make a
profit, but there's a risk."
"Helen likes a risk. She's something of a gambler; for that matter, so
am I. Besides, although you disappointed her once, she has a rather
remarkable confidence in you. Now have you, so to speak, a sporting
chance?"
"The situation's much like this," said Thirlwell thoughtfully; "the
ore's rich, but I expect we'll spend all our money before we get results
that would encourage the subscribers and warrant our asking for more
capital."
"Then if you and Helen invested, it would enable your friends to carry
on, and perhaps qualify you for a director's post?"
"Yes. I shall invest, but don't know that I'd be justified in using
Helen's money yet. However, suppose you come up and look at the mine.
The journey's not so rough now we have broken the trail and put up
rest-shacks at the camps."
"Thanks," said Allott. "I hoped you were going to ask me."
They started in a few days and Allott spent a week at the mine. On the
evening before he left, he sat talking with Thirlwell in the shack. The
frost was arctic outside, but the night was calm, and the corner they
occupied by the red-hot stove was comfortable.
"What about Helen's money?" Allott asked. "I'm not a miner, but the
assay reports look remarkably good, and I imagine you'll get over your
engineering troubles."
"The financial troubles are the worst," Thirlwell rejoined.
"Then why not take the money?"
Thirlwell pondered. It was his duty to help Agatha, and Mrs. Allott's
offer, by making this easier, would enable him to earn the girl's
gratitude. He meant to invest his share of the legacy, but felt that he
ought not to risk his relative's capital for his private gain.
"I'll know better how we stand when we get the new machines to work.
Then, if I think it's pretty safe, I'll buy some shares for Helen."
"Very well," said Allott. "I'll open an account for you at the Bank of
Montreal, and Helen will give you legal power to act for her. This will
enable you to command her proxy if you want to vote at a shareholders'
meeting. If you don't use the money, she will get better interest than
in England."
Thirlwell thanked him and Allott began to talk about something else.
The latter left the mine next morning and when he had gone Thirlwell
occupied himself in strenuous and often dangerous work. He felt he had
to some extent misled Agatha and Strange. Expenses had outrun his
calculations and he had encountered obstacles he had not foreseen. More
money would soon be needed, and he must get results that would encourage
its subscription and warrant his using Mrs. Allott's capital.
Sometimes the adit roof came down and sometimes the sides crushed in;
the inclination of the vein was irregular and the dip was often
awkwardly steep. Then the pines about the mine were small and damaged by
wind and forest-fires. It was difficult to find timber that would bear a
heavy strain, and Thirlwell walked long distances in the stinging frost
to look for proper logs, and now and then camped with his choppers
behind a snowbank. For all that, he made progress, and as he pushed on
the adit his confidence in the vein grew stronger. Expenses were heavy,
but the ore would pay for all.
He grew thin and rather haggard. Sleeping in the snow one night with
half-dried moccasins, he found his foot frozen when he awoke, and the
dead part galled. He limped as he went about the mine, and soon
afterwards his hand was nipped by a machine and the wound would not
heal. He held on, however; meeting his troubles cheerfully and
encouraging his men, and the ore-dump began to grow.
His party was not alone, for soon after he got to work three men drove
in their stakes behind his block of claims. They went south to file
their records, and returning with several more, began the development
the law required. Others followed, and the neighborhood was soon dotted
with tents and discovery posts; but, for the most part, the men were
satisfied with blasting a few holes in the surface of their claims. One
or two experienced miners talked to Thirlwell, and agreeing that the ore
could only be reached from the ground owned by Agatha's Company,
abandoned their holdings and went back; the others waited for a time,
and then returned, disappointed, when their food was exhausted.
The first arrivals, however, stayed and had opened two or three rude
shafts before the frost began. Then, instead of leaving, as Thirlwell
expected, they brought up provisions and built a log shack. It was plain
that they meant to hold the claims and Thirlwell was puzzled, because
he saw the men were miners and thought they knew their labor was thrown
away. He imagined that Stormont had sent them, but could not see the
latter's object. The fellow could hardly expect to reach the inclined
vein except at a depth that would make it extremely expensive to work,
and Thirlwell had improved his own and the adjoining claims enough to
protect them legally from encroachment. Still Stormont was unscrupulous
and it was possible he had some cunning plan for embarrassing the
company. Thirlwell felt disturbed, but he had no grounds for interfering
with the men, and although their relations were rather strained when
they met, he left them alone.