The Rainey Arms Company was in truth living largely upon the reputation built up for it by the first pushing energetic Rainey, and the inventive genius of his partner, Whittaker. Under Colonel Tom it had found new conditions and new competition which he had ignored, or met in a half-hearted way, standing on its reputation, its financial strength, and on the glory of its past achievements. Dry rot ate at its heart. The damage done was not great, but was growing greater. The heads of the departments, in whose hands so much of the running of the business lay, were many of them incompetent men with nothing to commend them but long years of service. And in the treasurer’s office sat a quiet young man, barely turned twenty, who had no friends, wanted his own way, and who shook his head over the office traditions and was proud of his unbelief. Seeing the absolute necessity of working through Colonel Tom, and having a head filled with ideas of things he wanted done, Sam began working to get suggestions into the older man’s mind. Within a month after his elevation the two men were lunching together daily and Sam was spending many extra hours behind closed doors in Colonel Tom’s office. Although American business and manufacturing had not yet achieved the modern idea of efficiency in shop and office management, Sam had many of these ideas in his mind and expounded them tirelessly to Colonel Tom. He hated waste; he cared nothing for company tradition; he had no idea, as did the heads of other departments, of getting into a comfortable berth and spending the rest of his days there, and he was bent on managing the great Rainey Company, if not directly, then through Colonel Tom, who, he felt, was putty in his hands. From his new position as treasurer Sam did not drop his work as buyer, but, after a talk with Colonel Tom, merged the two departments, put in capable assistants of his own, and went on with his work of effacing the tracks of the cousin. For years the company had been overpaying for inferior material. Sam put his own material inspectors into the west side factories and brought several big Pennsylvania steel companies scurrying to Chicago to make restitution. The restitution was stiff, but when Colonel Tom was appealed to, Sam went to lunch with him, bought a bottle of wine, and stiffened his back. One afternoon in a room in the Palmer House a scene was played out that for days stayed in Sam’s mind as a kind of realisation of the part he wanted to play in the business world. The president of a lumber company took Sam into the room, and, laying five one thousand dollar bills upon a table, walked to the window and stood looking out.