The Yale expositor., 1904-12-02


ceded Thorpe, "and it is good deal
of Railways fault, am willing to ad-
NIT, but it's your fault too" 100 s.
ITO be sure" replied DAILY, with the
accent of sarcasm. tlat
"You had no business entering into
any. such contract. 1t gave him no
show" ....f.
II suppose that was mainly his look
out, wasn't 1t? And. as l already told
you. we had to protect ourselves"
'You should have demanded security
for the completion of the work. Under
! your present agreement, IL Railway
! got in tho timber, you were to pay him
a fair price. IL he didn't, you appro-
| priated everything he had already
done. III other words, you made him
a bet"
81 don't care what you call It," an
swered DAILY, who had recovered his
good humor In contemplation OF the Sc
curly or his position. THE fact stands
all right"
ut does" said Thorpe unexpectedly,
"and I'm glad of 1t. Now, let's examine
few figures. You owned 100000
feet OF timber, which at the price of
stunpage"' (standing trees was worth
$4,000" . ..,i
"WeilT' ~
you come out at the end Of the sea
saw logs, which with the 81 worth OF
logging added are worth $2t,Oo0."
Hold orr cried DAILY. 1--WE paid
Railway 81. We could have done 1t
ourselves for less" ..-1s. i.i.I .
"You could not have done it for one
cent less than four-twenty In that conn
try" replied Thorpe. "as an expert will
testify" 11f.f".--1; $50 +- p fa1,
"Why did We give 1t to Railway at
four then?" ,-.rt...5.s i...c,
You saved the expense Of salaried
overseer and yourselves some bother"
replied Thorpe. Roadway could do 1t
for less because, for some strange rea-
son which you yourself do not under
stand, jobber can always log for less
than company" ss..- .....a
1--WE could have done IT for four" in
sisted DAILY stubbornly. But get on.
What are you drying at? My times
valuable" a.... .-.,s .tf: /,
"Well, put her at four, then" agreed
Thorpe. That makes your saw logs
worth oyer 10000. OF this value Rad
way added $4,000. You have appro-
priatcd that much of his without pay.
ing him one cent"
DAILY seemed amused. How about
the million and a half feet OF ours he
appTopriatedr p he asked quietly. '
I'm coming to that. Now for your
losses At the stumpage rate your
million and half which Roadway 'ap-
propriatoa would be only three thou
sand. But for the sake Of argument
Wen take the actual sum you'd have
received for saw logs. Even then the
million and half would only have
been worth between eight and nine
thousand. Deducting this purely theo-
retical loss Railway has occasioned
you from the amount he has gained
for you, you are still some four or FIVE
thousand ahead of the game. For that
you paid hiua nothing"
That's Railways lookout"
I'm Justice you should pay him that
amount. lie ia a poor man. de has
sunk all he owned in. this venture,
: some $4,000, and he has nothing TO
live on, Even.if you pay. him FIVE thou
! SAND. he has lost considerable, while
you have gained - :, -,
How have we gained by this bit Of
philanthropy. saa. :, - :.
because you originally paid in cash
for all that timber on the stump just
$4,000, and you get from Roadway saw
logs to the value of $4,000" replied
Thorpe SHARPLY. BESIDES, you stl1i'
own the million and a half which, if
you do rot care to put them in your
self, you can sell for something on the
skids."
Don't you know. young man. that
white pine logs on skids will spoil ut
terly in a summer? Worms get into
'em."
81 do" replied Thorpe. sunless you
bark them. which process will cost you
( about 81 n thousand. You can find
any amount of small purchasers at re-
duced price. You can sell them easily
at 49, That nets you for your million
and half little over $4,000 more.
! Under the circumstances do not think
that my request for Ave thousand Is
at all exorbitant."
! DAILY laughed. "You are shrewd
| figurer, and your remarks are interest
1 ing" said he.
i "will you give $5,oo0T' asked Thorpe.
\ al will not" replied DAILY; then. with
! sudden change Of humor: And nov
, I'll do a little talking. I've listened 10
! you just about as long as I'm going
, to. l have kadways contract in mat
! safe, and live up to II. I'll thank you
10 20 plumb TO blazes!'
That's your last word. is it?" asked
/ Thorpe. rising.
att is"
4 "Ihen,' said he slowly and distinctly,
I'll tell you what I'll do. I intend TO
SOLICIT in full the "a a thousand for the
three millions and d half Mr.. Railway
has delivered to you. In return Mr..