THE TRUTH ABOUT RAIN BLUFF
Dinner was a solemn function the next evening. Andrew, who had been
shooting with Wannop and Olcott all day, was quietly thoughtful, and
the rest of the party felt a sense of constraint. Conversation
dragged; once or twice it nearly died away and Leonard prevented an
awkward pause by his polished wit. Between whiles, however, Wannop
jested bravely and Hilda seconded him, occasionally at Robert's and
Leonard's expense. The others talked without much point when they
could think of anything to say; but, preoccupied as they were, it was
a relief to all when they dispersed for half an hour before meeting
Andrew in the library. He spent the interval in his smoking-room,
thinking hard, but he looked up when Hilda came in and sat down on the
lounge beside him.
"Feeling very bad, old boy?" she said.
"I have spent more cheerful moments," Andrew replied.
Hilda nodded.
"It must be trying--the pause before the battle! But you'll shake off
the sinking feeling when you get into action. Don't let them bully
you, Andrew. They can look very wise, but there's none of them you
need be afraid of, unless it's Leonard. Antony, of course, will back
you all he can."
"Thanks for the encouragement; but I'm not sure you have any right to
talk about these things."
"Oh, don't be silly! Can't you realize that I've grown up? And if I
hadn't as much sense as Robert and Mrs. Fenwood, I'd feel very sorry
for myself. But we had better be practical--I suppose you see what you
ought to do?"
"No," Andrew admitted, "not as clearly as I could wish."
"Then what troubles the others is that they can't think for
themselves. They must have a lead, as Leonard knows, and he has
cleverly given them one. So far, they have followed him docilely; now
you must make them follow you."
"Can you tell me how it should be done?"
"I'll admit that it's easier to sketch out a general plan than to fit
in the details; but that's your business," said Hilda. Then her tone
changed and grew tinged with haughtiness. "First of all, remember that
you're fighting for Allinson's! I'm glad the others are nearly as
proud of the name as we are. It's unthinkable that Leonard should drag
it down and sell it for what he can gain. You stand for what we hold
precious; you must beat him."
"I'll try," Andrew promised soberly; and Hilda kissed him and went
hastily from the room.
Andrew remained for a few minutes, feeling cheered. Geraldine, Ethel,
and now Hilda had urged him on. They thought he was right, and it
looked as if all had some confidence in his ability. He was not sure
that it was well founded, for he knew his limitations, the worst of
which was ignorance. Still, he must try not to discredit his
supporters, and his task could not be shirked. He went to the library,
where his relatives were waiting, and gravely asked them to be seated.
Though two pillar lamps were lighted, the large room was shadowy. A
silver stand with candles burning occupied the middle of the great oak
table round which the party gathered, flinging a clear illumination on
their faces.
Andrew took the head of the table, and there was something the others
had not expected in his quiet manner. He did not look as if he had
come to make excuses or ask their forbearance. Leonard, sitting
opposite, eyed him sharply; Florence and Gertrude did not seem at
ease. Mrs. Fenwood and Robert Allinson were heavily serious; Wannop
waited with amused expectancy.
"I asked you to meet me here because you all have a large interest in
Allinson's and the Rain Bluff mine," Andrew began. "I thought it fit
that you should hear why I have made some changes in our Canadian
plans."
"It would be better not to confuse Allinson's with the mine," Leonard
interposed. "The Rain Bluff is, of course, an independent company."
"No," said Andrew sternly; "in a very real sense that is not correct.
The two must stand together. The Rain Bluff shares were largely taken
up by the family and our customers. The mine cannot prove a failure
without discrediting the firm which launched and tacitly guaranteed
it. A pledge given by Allinson's must be redeemed."
"That is obvious," Robert solemnly agreed.
"Andrew is begging the question in speaking of the mine as being
guaranteed by the firm," Leonard persisted. "The shares were offered
to the public on the inducements stated in the prospectus."
"They were subscribed for because it was an Allinson venture; but
we'll leave that point for a while. I feel justified in asking your
attention as Rain Bluff shareholders--though I have learned that
Leonard has lately reduced his holding."
Several of the others showed surprise and Leonard looked disconcerted,
but Wannop broke into a deep chuckle.
"I felt tempted to do the same, after what I learned at the Lake of
Shadows," he remarked. "However, when I'd had a few words with Andrew
I decided to hold on. Though he's carrying a good bit of my money, I
felt he was worth backing."
"Well," said Andrew, "I was sent out to look into Canadian matters,
and I have done so. The discoveries I made are by no means
reassuring."
He paused with a dry smile, and his listeners felt uncomfortable. He
had not been sent out to investigate the mining operations, but to
keep him out of harm. Leonard was conscious that he had made a
mistake; Andrew had developed unsuspected capabilities.
"A large proportion of the company's work is done by contract, and I
found that newly arrived immigrants, ignorant of their rights, were
mainly employed. They were badly fed, though in Canada the rudest
laborers are given a generous diet, worse housed, paid less than
standard wages, and cheated of part of their due. It is not by such
means that Allinson's should make money."
"It is not," Robert firmly declared.
He was the last ally Andrew had looked for; but Robert had been
thinking to some purpose. Leonard had deceived him about Mrs. Olcott;
he had been led into conduct which savored of cruelty and which he
regretted. Leonard having played false in one matter, might do so in
another. Robert's faith in him had been rudely shaken and he felt
that the man must be watched.
"After all, we are not responsible for the evils Andrew mentions,"
Mrs. Fenwood broke in. "It must be the contractor's fault."
"Responsibility," said Robert, "cannot be shuffled off, though what
one may call the impersonal nature of a public company seems to make
it easier. The money is yours and you expect to draw the dividends. It
is a pernicious idea that one may make a profit by investing in a
company whose business is harmful, and go free from blame. I may say
that I was once urged to apply for shares in a new brewery a little
before they were put on the market, and I felt that I had done right
in declining, though they went to a handsome premium shortly
afterward."
The tone in which he concluded suggested keen regret, and Wannop
laughed.
"Andrew is probably mistaken in what he alleges," Leonard said.
"I'll give you a few figures." Andrew read from a notebook particulars
of the wages paid by Mappin as compared with other contractors. "I
have seen the rest of the things; there can be no doubt about them. I
presume Leonard was ignorant of the contractor's character and the
methods he employs."
Andrew stopped, having scored a point. Leonard could not profess a
knowledge of Mappin's doings, although to admit his ignorance of them
was to acknowledge his antagonist's superiority.
"It seems that I have been somewhat mistaken about the man," he said.
"Now that you have been informed, you cannot feel that we ought still
to entrust our work to him?"
Wannop gave Andrew an approving smile, recognizing that he had taken a
very judicious line. Leonard must respect the opinions of the others,
and he knew that they would not sanction anything flagrantly unjust
and discreditable.
"No," he conceded; "not in a general way. At the same time, sudden and
severe changes should be avoided. The man is carrying out his duties
efficiently and economically."
"I think not," said Andrew. "I'll have to tax your patience with some
more figures. They show that we could do the work cheaper without
wronging anybody we employ."
Opening his notebook, he supported his claim, and there was a brief
silence when he had finished. Then Florence broke in angrily.
"As a shareholder in my own right, I am entitled to speak. Leonard was
satisfied with the arrangements, and you all know his long experience
and business ability. It's absurd that Andrew should presume to
question what Leonard has done. His judgment cannot be as good."
"That is obvious," Mrs. Fenwood said.
Andrew realized that his relatives' prejudices had still to be
reckoned with. In their eyes he was a rash beginner, liable to be
misled.
"I spent some time on the spot, investigating things," he reminded
them. "You have heard our contractor's charges, and I have given you
the cost of cutting rock and supplying props at regulation wages. Is
Leonard inclined to challenge the figures?"
"After all," said Leonard, "the subject is not of the first
importance. It is more serious that you have taken upon yourself to
reduce the output of the mine."
"It is undoubtedly a grave matter. Unfortunately, there seems to be no
prospect of the mine's paying."
The announcement caused some sensation, but while the others looked at
him in surprise and concern, Leonard flushed.
"There is a risk in jumping to conclusions!" he said. "The all-round
quality of the ore can only be proved by extensive working, and you
must be aware that to increase the quantity of the output reduces the
cost per ton!"
"That is a maxim which requires some thinking over," Wannop observed.
"To begin with, I don't see how you can cut down the cost when you
have a good deal of the work done by a contractor at a fixed price.
Then if there's a loss on every ton, it puzzles an outsider like
myself to understand how you expect to make a profit by producing a
very large quantity."
"I'm afraid it would take me some time and trouble to explain the
thing," Leonard said with a polished sneer.
"There's no doubt you'd find it difficult," Wannop retorted.
"Are we to understand that there will be no dividends?" Mrs. Fenwood
interposed, in alarm. "If so, I feel that I have been cruelly
deceived. I was promised a handsome profit in the prospectus."
"I have much the same feeling," said Robert Allinson. "The matter is
one of importance to me. My stipend is not large; the expenses which
my work in this parish entails are heavy. I bought the shares because
I expected they would pay."
"It's the usual reason for buying shares; but investors are
disappointed now and then," Wannop said genially.
"You took a business hazard, Robert, as did Mrs. Fenwood," Leonard
contended. "Even if our Canadian prospects were as bad as Andrew
imagines, which I do not admit, you would have no grievance."
"You're mistaken!" exclaimed Mrs. Fenwood. "I have heard that mining
shares are risky, but I had every reason to believe that Allinson's
never took up anything that was not perfectly sound."
"That was true, until recently," Andrew said quietly, looking steadily
at his brother-in-law. "I think I may say that it will again be the
rule in the future."
Leonard smiled and turned to the others.
"I agree with Andrew, but I must suggest more caution on his part.
After careful investigations in Canada, I made arrangements for the
working of the new company. Everything promised well, there was no
prospect of any difficulty, and I must confess to some astonishment
when Andrew told me we were threatened by serious trouble. If he is
right, I feel that he is to some extent responsible. In his
inexperience, he has, I fear, acted with more zeal than discretion."
"It's the only conclusion one can come to," Mrs. Fenwood remarked
severely.
"Is it seriously suggested that Andrew's inexperience has had some
effect on the nature of the rock we are working?" Wannop inquired.
"After all," continued Leonard, "I think I may say that there is no
cause for alarm. If the mining is proceeded with on the lines I laid
down and no rash experiments are made, we shall no doubt presently
reach excellent ore. I must deprecate the undertaking of any new
ventures such as Andrew seems to have in view."
The listeners showed relief. One or two questions were asked, and
Leonard, feeling that he was getting the better of the situation, went
on gravely.
"His favorite scheme, I understand, is the exploitation of a lode far
to the north, which was discovered by a sawmill clerk twenty years
ago; though in the place where he lives the thing is looked on as a
delusion of the man's. Indeed, it is said that he is crazy on the
subject. It strikes me as highly injudicious that the Company's
capital should be wasted upon a search for imaginary minerals."
"I will engage that not a penny shall be unprofitably spent," said
Andrew. "If the thing prove a failure, I will bear the expense."
No one spoke for a few moments, and then Robert looked up.
"I feel that we are entitled to ask for a few particulars," he said.
"There we must disagree," Andrew replied. "If I am right about the
lode, you and the other shareholders will be told all you wish to
know; if I am wrong, the loss will be mine."
They were puzzled by his resolute air. He was placing himself at a
disadvantage by refusing an explanation, but this did not seem to
trouble him. He had all along adopted a strangely masterful tone,
without a hint of doubt or hesitation.
"I hardly think you are treating us fairly by keeping us in the dark,"
Robert protested.
Andrew smiled.
"Then I must ask your forbearance. I was given full authority as a
director when I went to Canada, and I must try to use it as I think
best for the shareholders' benefit. Moreover, it cannot be rescinded
until the next general meeting of the Company. When that is held, I
shall be ready to give an account of what I have done."
"Then it looks as if we had been brought here for nothing," Mrs.
Fenwood complained.
"Hardly so. You have learned that the mine cannot be profitably worked
on the present system and that I am making changes which may improve
the Company's prospects. You have had an opportunity for condemning my
policy, which you have not done. I venture to believe you are
reserving your judgment, which is all I can ask."
There was a pause for the next few moments. Andrew had changed his
tone to one of grave appeal, and as he leaned back, waiting, with the
light of the candles on his face, it struck one or two of them that he
looked very much like his father, who had retrieved and added to the
fortunes of the firm. Robert glanced at him in frank sympathy, which
touched Andrew, for he had not expected it. Then Leonard broke the
silence.
"Andrew is asking you to trust him with extensive powers; in fact, he
demands something of the nature of a blank check, without explaining
what use he means to make of it. I willingly admit that the position
he holds by right is a strong one, and we have no direct means of
restraining him; his interest in the firm gives him more authority
than any of us individually holds. For all that, it must be remembered
that he could not stand against the unanimous family vote, and I have
no doubt he will agree that you are now called upon to act as a kind
of informal jury. Whatever course you decide on the directors must
adopt. Your position is accordingly a serious and important one.
Andrew is young and inexperienced; the affairs of a Company like the
Rain Bluff demand careful and skilful handling."
"Leonard has stated the situation fairly. I have nothing to add,"
Andrew said quietly.
His relatives hesitated, looking irresolute, with the exception of
Florence and Mrs. Fenwood, who regarded Andrew with distrustful
severity. After a few moments Wannop addressed them.
"My suggestion is that we do nothing at present, but wait, as Andrew
asks, until a meeting of the shareholders is held, when he must give a
full account of his plans. Then we will see our course more clearly;
but if he finds he can take us into his confidence sooner, so much the
better."
Florence and Mrs. Fenwood dissented, but the others acquiesced,
including Leonard, who knew how far it was prudent to go, and the
party broke up. Andrew, however, remained in his place, and Leonard
lingered to light a cigarette.
"I must congratulate you," he said. "You handled the thing better than
one could have anticipated. I suppose you are going back shortly, to
look for the lode?"
"I am going back. I cannot tell you what I shall do until I arrive."
Leonard winced.
"You're not disposed to be confidential, but I won't complain of
that." He added quietly: "Be careful, Andrew; it's easy to make
trouble, and hard to put it right. You haven't accomplished much yet,
and there are serious difficulties ahead."
"That's true," admitted Andrew with a direct glance. "I am, however,
not making trouble. It's all round me and must be grappled with."
"Then I wish you luck," said Leonard, and went out.
Andrew lighted a cigar; he deeply distrusted Leonard, whose
confederate, perhaps with his knowledge, had plotted to starve him to
death; it was irksome that he should be forced to treat the man as an
honored guest. Of late he had been subject to fits of savage anger as
he remembered how his attempt to find the lode was thwarted. So far as
it was possible, he must play out the game correctly in accordance
with conventional rules. His relatives would insist on this; an
outbreak would shock them and cost him their support. Nevertheless, it
was hard to dissemble and treat Leonard courteously.
Flinging his cigar into the grate, Andrew rose with a frown. His
brother-in-law was right: there was trouble ahead. He had not only
Leonard but the unscrupulous Mappin to grapple with.