Bryant had asked Carrigan to come to the office at two o'clock,
stating that the company was insolvent and but enough money remained
to square accounts with the contractor. Pat had cast a shrewd glance
at Lee and nodded. This was during the morning. Afterward the engineer
had gone for a visit to the dam, the drops, and the canal line, a last
view of the project as a whole; and the ride was pursued in that
peculiar melancholy of spirit which appertains to mortuary events. To
him, indeed, the ride marked a burial, a burial of high hopes and
ambition, and of his youth, with the partially excavated canal
providing their pit and the concrete work standing as a headstone.
He came back to camp somewhat late for his appointment and found Pat
waiting in the office, but not alone. Gretzinger stood, back to the
stove, smoking a Turkish cigarette.
"Well, Bryant, I've returned to discuss our little business
transaction," he greeted. "Judged this to be about the right time.
How's the exchequer?"
"Little in it," said Lee, hanging his coat and cap on a hook. "But I
made sure it was locked before leaving here; you might come any
moment."
"Oh, I don't waste time on an empty box," was the light answer. "Mind
if Carrigan hears what we say? Don't, eh? Neither do I. He knows, or
ought to know, you're through. And besides, I'll want to discuss
construction matters with him when you and I are done."
"Perhaps Bryant can yet secure a loan somewhere," the contractor
remarked, mildly.
"From Menocal, possibly," Gretzinger suggested, cocking his eyebrows
at Carrigan with mock enthusiasm. "If Bryant could have secured a
loan, he would have had it in his pocket before this. I made inquiry
of McDonnell when I reached Kennard concerning the company's cash
account and discovered that it looked awful sick. No, he can't get
money for the company except through me."
"I see," said Pat.
Gretzinger turned to Bryant.
"Now, Lee, let's get down to brass tacks. You're played out as manager
and engineer-in-chief, so it's time for you to step out and give the
men who are able a chance to complete the work. I made you one offer;
I'm prepared to-day to make even a better one. The bondholders went
thoroughly into the subject with me of what they could afford to pay
you for your stock and a decision was finally reached to give you ten
thousand dollars for your interest in the company. Considering
everything, that's exceedingly liberal. I'm authorized to draw a check
for that amount to your order when you've assigned the shares."
"Not enough," Lee replied. He sat down at his desk, lifted his feet to
a window ledge, and held a match to his pipe.
"That's the limit."
"It's not enough; I need more."
"What you need and what you'll take are two different things," the
other stated, sarcastically.
"Go higher," Lee said, with his gaze upon the window.
"Not a cent!"
"I owe McDonnell twenty thousand that has gone into the canal. I've
put in my ranch, and land I traded for it, and months of work and
organization--value twenty thousand; and I figure my present control
of things worth twenty thousand more. But let us say fifty thousand.
I'll sell for fifty thousand; that gives you my stock at fifty cents
on the dollar. Exceedingly liberal, I call it."
The look the other directed at him was heavy with contempt.
"Ten thousand is all--and make up your mind to that," said he. Then he
faced round toward Carrigan, whom he addressed. "I want you to
increase the force to double its strength at once, so that the work--"
"What are you paying a yard for moving dirt?"
"The same as before."
"Not to me," Pat responded, complacently.
"What do you mean?" Gretzinger demanded, angrily.
"It's not enough."
"Not enough! You seem to imagine your contract doesn't bind you."
Pat slowly uncrossed his knees and stared at the speaker with a
countenance of bewilderment.
"Now what in the world is the man talking about! Contract? The only
contract I had with Bryant was an oral agreement to build the dam and
move dirt at a certain day rate per man and per team, terminable at
his option. Oh, you mean the first contract to construct the ditch in
a year! We tore that up after he got notice from the Land and Water
Board."
"Well, we'll continue the oral arrangement."
"Not any more," said Pat.
Gretzinger inspected the coal of his cigarette, replaced the latter
between his lips, and glanced at Bryant. But the engineer was
maintaining his consideration of objects on the outside of the window.
"So you're trying to hold me up," was Gretzinger's remark.
"You're slicing the fat off Bryant, and therefore I'll trim a bit off
you," Carrigan replied. "You're not the only one who can work a knife.
Once I used to sit back and let others keep all the easy money, but I
don't any more, not any more." With considerable relish he rolled the
words upon his tongue and nodded at Gretzinger.
The latter scowled.
"How much do you want?" he demanded.
Pat spat, then remained pursing his lips while he engaged in
calculation. Once he shook his head and muttered, "Not enough," and
again after a time repeated the words. The man by the stove glared at
the seated contractor during the prolonged period of study as if he
hoped his look would consume him.
"How much?" he questioned a second time, impatiently.
Pat looked up at Gretzinger from under his bushy eyebrows with a
steely glint showing. The lines of his weather-beaten face had
hardened.
"I don't like you," he stated. "I don't like you at all. When I work
for people I don't like, it costs them money. I like you less and less
all the time. If I go ahead and finish the ditch, I'll be liking you
so little that I'll be hating myself. And when I don't like any one
that much, I don't do it cheap. The job will cost you one hundred
thousand dollars."
"You--you----" Gretzinger choked.
"Cash down before I move a wheel," Pat added, calmly.
The other was white with rage. He cast his cigarette upon the floor
and ground it under his heel. His lips worked and twisted in a vicious
snarl. Carrigan observed him unmoved; and Bryant had turned his head
about to see.
"You grafters, you infernal thieves, you pair of rotten crooks!" he
shouted, shooting murderous glances from one to the other. "You've
'framed' me! Arranged it between you. Been waiting for me to come back
so you could spring your game! If there's any law in this state, I'll
have you both where you belong for deliberately wrecking this
company--in a cell!"
His raving outburst continued for a while in this strain. His voice
had the high and squealing pitch of a wild pig caught fast by a foot;
on his pink, fleshy face, now distended with anger, was a look, too,
of porcine hate and fury. The cynical and patronizing manner he
usually affected had dropped off, leaving revealed his actual coarse,
spiteful, greedy, craven spirit--a creature of infinite meanness. At
length, however, Gretzinger's torrent of abuse diminished until it
ended in a last muddy dripping of threats and curses. With an effort
he strove to pull himself together and assume a composure his eyes
belied, while he lighted another of his offensive Turkish cigarettes.
After a time he said shortly:
"You can't bluff me. When you fellows get down to my figures, then
we'll do business."
"Look out! Your coat is scorching--or is it only that tobacco?" Bryant
rejoined.
Gretzinger stepped hastily aside and felt behind him, where his hand
moved about on the hot cloth fabric with searching movements. The
solicitude for his garment thus quickened seemed to effect the final
dispersion of his inward heat.
"Well, are we going to get together on an arrangement?" he questioned,
when assured his coat was uninjured.
"I stated my terms--fifty thousand," Lee said. "That or nothing."
"You won't get it."
"Then there's the alternative of the bondholders putting up money
enough to finish the work."
"That, neither."
"All right, Gretzinger," Bryant stated, rising. "You have an idea that
I'll give in----"
"Yes, I have. You'll grab this ten thousand I offer, grab it quick by
to-morrow night, which is the limit I set for it to remain open. I've
seen men before in a tight hole who swore they wouldn't take the terms
handed them, but they always did in the end, and so will you. Only a
fool wouldn't. And I fancy Carrigan won't sacrifice a good piece of
work in a dull season and pull off his men and teams."
Pat hoisted himself off his seat stiffly.
"Why don't your outfit sell instead of trying to buy?" he asked,
crossing to Lee's desk and obtaining a can of tobacco sitting there.
"I suppose they'll sell." He began to stuff his pipe, pressing the
tobacco into the bowl with a brown forefinger.
"Certainly; they would unload what they have in this rotten project so
fast that the bonds would smoke. But who in the devil would touch
them?"
"I might."
"You?" Gretzinger began to laugh. "What have you besides your outfit?
They're not taking worn-out fresnos in exchange to-day, thank you."
"And what are the three bondholders you represent worth?" Pat
inquired, in a nettled tone.
"Half a million each, or more."
Carrigan's brows rose contemptuously.
"Is that all?" he exclaimed. "Why, from the way you talked, I thought
they were real financiers! And they're only piffling tin-horns, after
all. What d'you know about that, Lee?" Pat turned to the engineer with
an amazed air.
Gretzinger's anger surged up anew.
"You never saw half a million in your life," he sneered.
"I could buy out all three of them with what I have in one trust
company in Chicago alone," was the unperturbed reply. "It's cheap
sports like you that make a real man sick. How much for the bonds? You
want to unload. Speak up; how much?"
Despite his anger, the other's brain perceived that the contractor was
in earnest.
"The amount of the face of both bonds and stock, with interest on the
former to date," he answered quickly.
"I buy only bargains," was Carrigan's dry statement.
"One hundred thousand then."
"You're still sailing way up in the clouds. The stock was a bonus,
Gretzinger; it cost your parties nothing. So it's only the bonds that
count. And the project is rotten, it may not be finished on time, be a
dead loss; your men want to get out from under; they'll jump at the
chance to sell, you say. All right. They can unload on me. Wire them
to deposit the bonds and stock in any New York bank and draw on
McDonnell for forty thousand dollars. That's what I'll give."
Gretzinger walked to the wall, where he reached down his overcoat and
put it on.
"The ditch will go to weeds first," he said.
"The offer's open until to-morrow night," said Pat.
"You bloodsuckers can't put anything over on me," was the Easterner's
departing declaration, as he opened the door. "I'm on to you,
Carrigan. You're backing Bryant and will finish the ditch. We'll just
sit tight on our bonds and stock."
Pat watched him go.
"I hate to make money for men like them," he remarked to the engineer,
"but I guess I can't help it, because I'll not let you down, Lee, for
a matter of cash payment. I'll advance what's necessary and take a
company note. Maybe you're wondering why I let you sweat all this
time? Because you needed the experience. You laid down too easy. All
the time that you were thinking the game was up, I was waiting for
you to grab my leg and begin to pull. But you never did."
"You had done too much for me already, Pat; and though I supposed you
were well-fixed I had no idea you were wealthy. The thought you might
risk twenty thousand dollars----"
"Why not? I know this project better than any banker; it's sound, it's
about completed," the old man interrupted. "All that's necessary is to
take a long breath and push hard for three weeks more. Sometimes I
think you have the making of a fair engineer, Lee, but you discourage
me dreadfully when I try to picture you as a financier. I'm afraid
you'll wind up like one of these bondholders of Gretzingers, just
piffling."
Lee went to stand at the window, so that Carrigan could not see his
face. Emotion had unmanned him. He would not have even Pat know how
strongly he was moved by this act of magnanimity.
"Well, I better be getting back to the ditch," said the contractor,
presently.