Arizona republican., 1898-09-03

would not look businesslike on the part of MT smith to say he is to name his own salary, but unfortunately Mir. Smith is very ignorant as to what a proper salary should be, so will you kindly settle that question? You know the usual salary for such an occupation. Please write down that figure and add s2C0 2 year to it. Tell MT. Kenyon the amount named is tile sal Gry MT. Smith assigns to him.
 Pray be very careful in the wording of the letters, so that MT. Kenyon will not have any idea who. MT. Smith is. Yours truly, EDITH LoNGWoRrH
 When Wentworth received this letter, being man, he did not know whether Miss Long,xorth. was pleased or not. However, he speedily wrote to John, telling him he was appointed manager of the mine, and that Mir. Smith was very pleased to have him in that capac- ity. He named the. salary, but said if it was not enough, no doubt MT. Smith was so anxious for his services that the amount would be increased.
 John, when he. got the letter, was more than satisfied.
 At the same time Wentworth had been reading his letters, John had re- ceived those which had been sent hin: when the mine was bought. He was re lieved to find thnt Melville was not, after all, the owner. and he went to work with a will, intending to put in two or three years Of his life with hard labor in developing the resources of the property. The first fortnight, before he received any letters, he did nothing but make himself acquainted with the way work was being carried on there. He found many things to improve. The machinery had been allowed to run down, and the men worked in the list less way men do when they are under no particular supervision. The man. ager of the. mine was very anxious about his position. John told him the property had changed hands, but until he had further news from England. he could not tell just what would bc done. When the letters came John took hold with vim, and there was soon q decided improvement in the way af- fairs were going. He allowed the old manager to remain as a sort of sub manager, but that individual soon found out the easy times of the Austrian Min ing company were forever gone.
 Kenyon had to take one or. two long trips in Canada and the United States to arrange for the disposal of the prod Ucts of the mine, but, as general rule, his time was spent entirely in the log. village near the river. When year had passed he was able to write a very jubilant letter to Wentworth. You see," he said, 'after all the mine was worth the ( 100000 we asked for it. It pays, even the first year. ten per cent. on that amount. This will give back all the mine has cost. and I think, George, the honest thing for us to do would be to let the whole proceeds go to MT. Smith this year. who advanced the money at critical time. This will recoup him for his own outlay, because the working capital has not been touched. The mica. has more than paid the working of the mine, and all the rest is clear profit. Therefore, If you are willing, we will let our third go this year, and then we can take. our 
 large dividend next year with clear conscience. I inclose the balance sheet"
 To this letter there came an answer i'll due time from Wentworth, who saia that he had placed Johns proposal be fore Mir. Smith, but it seemed the gen iieman was So pleased with the profit able investment he had made that he would hear of no other division of the profits but that of share and share alike He appeared to be very much touched by the offer John had made, and re- spected him for making it, but the pro- posed resembling on his part and Went worth's was a thing not to be thought of. This being the case, John sent a lei ter and a very large check: to his. father. The moment of posting that letter was doubtless one of the happiest of his life, aud this ends the formidable array of letters which appears in this chapter.
 CONTINUED ToMORROWJ