Allen had touched upon Gorham's most sensitive point. "It is a deep disappointment to me that you feel as you do," he replied. "As you say, it is an evidence that you don't understand things at all. The Consolidated Companies has almost reached a point where individual personality is merely incidental; where, in my opinion, my own services even will not long be essential. I like to believe that my continued connection strengthens and guides it, but no one man can now affect its progress to any serious degree; but, my boy, loyalty to the Companies on the part of its employees is absolutely imperative. That I must demand of you." Allen winced under the criticism, but he could not withdraw from his position. "Could not a man like Mr. Covington change the entire policy of the Companies if he came into control?" he asked, significantly. "No," Gorham replied, firmly. "In the first place, if he gained control, he would have no desire to change it; in the second, my Executive Committee is made up of men of too high principle to permit him or any other man to operate the Companies upon other than a proper basis." "You may not feel so sure of this after you have investigated," Allen insisted. "I shall never alter my opinion." Gorham was annoyed by the boy's persistence. "It is too late to-night to discuss this phase of the subject with you as thoroughly as we must if you are to continue with the corporation, but in the mean time remember that the Consolidated Companies is in the hands of men whose self-interest is coupled with a personal gratification in the altruistic basis whose nature you have learned from me. You are not competent to pass upon their motives, and until you are you should not venture to criticise." "I admitted that it is all due to my inexperience, Mr. Gorham, and I am sorry that you are angry. I believe in you as I could never believe in any other man, and I know that, as far as you can control it, you will keep the Consolidated Companies within the lines you have laid down; but I can't make myself believe that the others have the same honorable intentions." "Stop!" cried Gorham, seriously aroused by the boy's words. "I shall listen to you no further. It is only my friendship for your father and my affection for you which, keeps me from speaking harshly to you; but be warned! You are attempting to interfere in a matter which is too heavy for your strength. Leave it to those who understand it."