"After we left Whitehall, nothing would do but we must pay a round of visits among the Lees and La Granges, which we did, staying as short a time as possible with each, partly because I could not properly attend to my work, and partly because of the heart-breaking poverty of all my poor dear relatives. If you could only see their bravery, their pride, and their wholly absurd fury at the bare suggestion that ease and comfort might come to them from admitting Northern capital! I think if they knew that my money comes through you, they would force me to starve with them rather than be indebted to a ---- Yankee. The ladies don’t use that word with their lips, but their eyes say it. As it is, they think I am still selling my jewels. And I don’t contradict them, simply because there is no use in giving them pain. Their hatred of the North is something which cannot be eradicated in a day. It is a factor in business which blocks the path of every well-wisher of the South, and is an entity to be reckoned with just as palpably as credit. The man who ignores it makes a mistake which sooner or later will bring him up with a jerk. I dwell upon this, because, if we form the syndicate which you propose, it must be managed craftily, and I know you will not disregard my warning. "As an example of it, let me tell what has befallen the plant for making wood turpentine at Schoville, Georgia. It is a fine, modern, up-to-date plant of the steam process, backed and controlled by Judd Brothers & Morgan, of Brooklyn. Their representative approached my counsel, offering to sell. The Brooklyn firm own fifty-one per cent. of the stock, and the rest is taken by citizens of Schoville. I sent my man, Donohue, down to investigate the process, intending, if I didn’t buy, to organize a similar company and operate under their patents, as I find theirs, if not the best, is at least a satisfactory process, and turns out a pure water-white turpentine with a specific gravity of 31.70. And Donohue asserts that by the use of steam he can eliminate the objectionable odour. He has been in the employ of both the Schoville and the Lightning companies and is a valuable man, though not strictly honest. Donohue was satisfied that there was something wrong at Schoville, and advised me to hold off. He reported the plant out of repair, although the books showed money in plenty supplied by the owners. Donohue then visited the plant at Lightning, Georgia, and found everything all right. It has since transpired that the foreman of the plant at Schoville, a cracker named Leakin, had deliberately shipped crude turpentine, which of course was of rank odour and off colour, to the factors at Savannah, who shipped it to Germany and South America without giving it a very careful examination. As is usual with these men, they were too slack to make the thorough examination before making shipment which the law requires, and paid over an advance of thirty-five