"Yes," said the president, "that last note is mine. Harrington wired it yesterday with other things. But I was hurried and did not read his old record. Things could not be much worse. You see Harrington has no book with him, or he would know all this, and be on the lookout." "Has he figured it out?" inquired Y. "Yes, he has figured it out. He is a first-rate man, and he has the whole thing down cold. Ballymolloy and his twenty votes will carry the election, and if Vancouver cares he can buy Mr. Ballymolloy as he has done before. He does care, if he is going to take the trouble to write articles against J.H., depend upon it." "Well, there is nothing for it," said Z, who, in spite of his age, was the most impulsive of the three. "We must buy Ballymolloy ourselves, with his twenty men." "I think that would be a mistake," said the president. "Do you?" said Z. "What do you say?" he asked, turning to Y. "Nothing," replied Y. "Then we will argue it, I suppose," said Z. "Certainly," said the president. "I will begin." He settled himself in his chair and knocked the ashes from his cigar. "I will begin by stating the exact position," he said. "In the first place this whole affair is accidental, resulting from the death of the junior senator. No one could foresee this event. We had arranged to put in John Harrington at the regular vacancy next year, and we are now very busy with a most important business here in London. If we were on the spot, as one of us could have been had we known that the senator would die, it would have been another matter. This thing will be settled by next Saturday at the latest, but probably earlier. I am opposed to buying Ballymolloy, because it is an uncertain purchase. He has taken money from both sides, and if he has the chance he will do it again. If we were present it would be different, for we could hold him to his bargain. "We do not like buying, and we only do it in very urgent cases, and when we are certain of the result. To buy without certainty is simply to begin a system of reckless bribery, which is exactly what we want to put down. Moreover, it is a bad plan to bribe a man who is interested in iron. The man in that business ought to be with us any way, without anything but a little talking to. When you have stated any reasons to the contrary I will tell you what I propose instead. That is all." During the president's little speech, Y and Z had listened attentively. When he had finished, Z turned in his chair and took his cigar from his lips.