When Millard entered the bank there existed a conflict in the board of directors, and a division of opinion extending to the stockholders, between those who sustained and those who opposed the policy of the Masters-Farnsworth administration. But the administration proved fortunate and successful to such a degree that the opposition and rivalry presently died away or lost hope. Once the opposition to the two managers had disappeared, the lack of adjustment between the president and cashier became more pronounced. Farnsworth was the victim of a chronic asthma, and he was as ambitious as he was restless. The wan little man was untiring in his exertions because the trouble he had to get breath left him no temptation to repose. He contrived to find vent for his uneasiness by communicating a great deal of it to others. Masters, the president, was a man of sixty-five, with neither disease nor ambition preying on his vitals. For a long while he allowed Farnsworth to have his way in most things, knowing that if one entered into contention with Farnsworth there was no hope of ever making an end of it except by death or surrender. That which was decided yesterday against Farnsworth was sure to be reopened this morning; and though finally settled again to-day, it was all to be gone over to-morrow; nor would it be nearer to an adjustment next week. Compromise did no good: Farnsworth accepted your concession to-day, and then higgled you to split the difference on the remainder to-morrow, until you had so small a dividend left that it was not worth holding to.