Daily Arizona silver belt., 1910-01-08
CHAPTER vIII-(Continued)

'Well, why wouldn't 1t help to put a string of piers down both sides. with booms between them to hold the logs in the deeper water?"
 "It would" said Orde.
 "Why isn't it done, then?"
 "Who would do it?" countered Orde, "If Daily did it. for instance. then all the rest of the drivers would get the advantage of it for nothing"
 "Get them to pay their share"
 Orde grinned. "I'd like to see you get any three men to agree to any thing on this river"
 How many firms drive logs on this stream?"
 "Ten," replied Orde without hesita- tion.
 How many do they employ?"
 About 300 men,"
 Now, suppose" Newmark leaned corward-"suppose a firm should be organized to drive all the logs on the river. Suppose it improved the river with piers and dams, so that the driv- ing would be easier Couldn't it drive with less than 500 men and save mon ey?"
 Tt might" agreed Orde.
 eff such a firm should be organized to drive the logs for these ten firms a. so much thousand. do you suppose it would get the business? ?"
 Tt would depend on the driving firm" said Orde You see. mill men have got to have their logs. They can't afford to take chances. It would not pay"
 Then that's all right" agreed New mark. with gleam of satisfaction across his thin face. Would you form a partnership with me having such an object in view?"
 Orde laughed.
 "I guess you don't realize the situa- tlon," said he. Wed have to have a few little things like distributing booms and tugs and lot of tools and supplies and works of various kinds."
 Well, we'd get them"
 How much are you worth?" 0rde inquired bluntly.
 Twenty thousand dollars. How much capital would we have to have?" asked Newmark.
 Orde thought for several minutes.
 We would need somewhere near S75,000," he estimated at last.
 That's easy" cried Newmark. "Weli make stock company-say 100000 shares. We1i'keep just enough between us to control the company say 51,000. I'll put in my pile. and you can pay for yours out of the earnings of the company"
 That doesn't sound fair" ~"You pay interest" explained New mark. "Then we'll sell the rest of the stock 10 raise the rest of the money"
 "I must have something to live on," said Orde thoughtfully at last
 ''So must l." said Newmark. "Wel have to pay ourselves salaries. of course, but the smaller the better at first You'll have to take charge of the men and the work and all the rest of it. don't know anything about that. I'll attend 10 the incorporating and the routine, and I'll try to place the stock. You'll have to see first of all whether you can get contracts from the logging firms to drive the logs"
 "How can l. tell what to charge them?"
 Well have to figure that very close | ly You know where these different | drives would start from and how long each of them would takeT"
 "oh. yes"
 Well, then we'll figure how many | days driving there is for each. and | how many men there are, and what 1t costs for wages. grub. tools. We'll just | have to figure as near as We can to the actual cost and then add a margin for profit and for interest on our invest ment."
 Amanda now announced dinner. Newmark looked puzzled and as he arose glanced surreptitiously at his watch. Orde seemed to take the sum mons as one to be expected, however In fact, the strange hour was the lsual Sunday custom in the Bedding 'f that day and had to do with the ate church freedom of Amanda and Ter like.
 Come in and eat with us," invited )rde.
 But Newmark declined.
 Come up tomorrow night, then, at lalf past 6 for supper" Orde urged lim. We can figure on these things little"
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