Children of the rich -- Fiction; Love stories; Lumber trade -- Fiction; Washington (State) -- Fiction
"Well, there's something radically wrong with both of us if we can't
get by on two hundred thousand dollars, dad."
The Laird started, and then his Scotch sense of humor--and, for all
the famed wit of the Irish, no humor on earth is so unctuous as that
of the Scotch--commenced to bubble up. He suspected a joke on himself
and was prepared to meet it.
"Will you demand an accounting, my son?"
Donald shook his head.
"Keeping books was ever a sorry trade, father, I'll read the
accounting in your eye when you get back to Port Agnew."
"You braw big scoundrel! You've been up to something. Tell it me, man,
or I'll die wi' the suspense of it."
"Well," Donald replied, "I lived on twenty-five hundred a year in
college and led a happy life. I had a heap of fun, and nothing went by
me so fast that I didn't at least get a tail-feather. My college
education, therefore, cost me ten thousand dollars, and I managed to
squeeze a roadster automobile into that, also. With the remaining
ninety thousand, I took a flier in thirty-nine hundred acres of red
cedar up the Wiskah River. I paid for it on the instalment plan
--yearly payments secured by first mortgage at six per cent., and----"
"Who cruised it for you?" The Laird almost shouted. "I'll trust no
cruiser but my own David McGregor."
"I realized that, so I engaged Dave for the job. You will recall that
he and I took a two months' camping-trip after my first year in
Princeton. It cruised eighty thousand feet to the acre, and I paid two
dollars and a half per thousand for it. Of course, we didn't succeed
in cruising half of it, but we rode through the remainder, and it all
averaged up very nicely. And I saw a former cruise of it made by a
disinterested cruiser----"
The Laird had been doing mental arithmetic.
"It cost you seven hundred and eighty thousand dollars--and you've
paid ninety thousand, principal and interest, on account. Why, you
didn't have the customary ten per cent, of the purchase-price as an
initial payment!"
"The owner was anxious to sell. Besides, he knew I was your son, and I
suppose he concluded that, after getting ninety thousand dollars out
of me at the end of three years, you'd have to come to my rescue when
the balance fell due--in a lump. If you didn't, of course he could
foreclose."
"I'll save you, my son. It was a good deal--a splendid deal!"
"You do not have to, dad. I've sold it--at a profit of an even two
hundred thousand dollars!"
"Lad, why did you do it? Why didn't you take me into your confidence?
That cedar is worth three and a half. In a few years, 'twill be worth
five."
"I realized that, father, but--a bird in the hand is worth two in the
bush--and I'm a proud sort of devil. I didn't want to run to you for
help on my first deal, even though I knew you'd come to my rescue and
ask no questions. You've always told me to beware of asking favors,
you know. Moreover, I had a very friendly feeling toward the man I
sold my red cedar to; I hated to stick him too deeply."
Public-domain text, read in full here on John Shaqi.
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