“No-o. I wouldn’t call him an outside party, exactly, Senator,” went on Butler suavely. “It’s Cowperwood himself I’m thinkin’ of. There’s somethin’ that has come up since I saw you gentlemen last that makes me think that perhaps that young man isn’t as innocent as he might be. It looks to me as though he was the ringleader in this business, as though he had been leadin’ Stener on against his will. I’ve been lookin’ into the matter on me own account, and as far as I can make out this man Stener isn’t as much to blame as I thought. From all I can learn, Cowperwood’s been threatenin’ Stener with one thing and another if he didn’t give him more money, and only the other day he got a big sum on false pretinses, which might make him equally guilty with Stener. There’s sixty-thousand dollars of city loan certificates that has been paid for that aren’t in the sinking-fund. And since the reputation of the party’s in danger this fall, I don’t see that we need to have any particular consideration for him.” He paused, strong in the conviction that he had sent a most dangerous arrow flying in the direction of Cowperwood, as indeed he had. Yet at this moment, both the Senator and Mollenhauer were not a little surprised, seeing at their last meeting he had appeared rather friendly to the young banker, and this recent discovery seemed scarcely any occasion for a vicious attitude on his part. Mollenhauer in particular was surprised, for he had been looking on Butler’s friendship for Cowperwood as a possible stumbling block. “Um-m, you don’t tell me,” observed Senator Simpson, thoughtfully, stroking his mouth with his pale hand. “Yes, I can confirm that,” said Mollenhauer, quietly, seeing his own little private plan of browbeating Cowperwood out of his street-railway shares going glimmering. “I had a talk with Stener the other day about this very matter, and he told me that Cowperwood had been trying to force him to give him three hundred thousand dollars more, and that when he refused Cowperwood managed to get sixty thousand dollars further without his knowledge or consent.” “How could he do that?” asked Senator Simpson, incredulously. Mollenhauer explained the transaction. “Oh,” said the Senator, when Mollenhauer had finished, “that indicates a rather sharp person, doesn’t it? And the certificates are not in the sinking-fund, eh?” “They’re not,” chimed in Butler, with considerable enthusiasm.