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al disk, could call up any other, subscriber; there would be no central operator, no listening, no tapping of wires; the number of calls would be unlimited. As a proof of the confidence of these Eastern gentlemen in our city, they were willing to spend five millions, and present more than six hundred telephones free to the city departments! What was fairer, more generous than this! There could be no doubt that popular enthusiasm was enlisted in behalf of the "Eastern Capitalists," who were made to appear in the light of Crusaders ready to rescue a groaning people from the thrall of monopoly. The excitement approached that of a presidential election, and became the dominant topic at quick-lunch counters and in street-cars. Cheap and efficient service! Down with the Bastille of monopoly! As counsel for the Ashuela, Mr. Ogilvy sent for me, and by certain secret conduits of information at my disposal I was not long in discovering the disquieting fact that a Mr. Orthwein, who was described as a gentleman with fat fingers and a plausible manner, had been in town for a week and had been twice seen entering and emerging from Monahan's saloon. In short, Mr. Jason had already been "seen." Nevertheless I went to him myself, to find him for the first time in my experience absolutely non-committal. "What's the Ashuela willing to do?" he demanded. I mentioned a sum, and he shook his head. I mentioned another, and still he shook his head. "Come 'round again," he said... I was compelled to report this alarming situation to Ogilvy and Dickinson and a few chosen members of a panicky board of directors. "It's that damned Grannis crowd," said Dickinson, mentioning an aggressive gentleman who had migrated from Chicago to Wall Street some five years before in a pink collar. "But what's to be done?" demanded Ogilvy, playing nervously with a gold pencil on the polished table. He was one of those Americans who in a commercial atmosphere become prematurely white, and today his boyish, smooth-shaven face was almost as devoid of colour as his hair. Even Leonard Dickinson showed anxiety, which was unusual for him. "You've got to fix it, Hugh," he said. I did not see my way, but I had long ago learned to assume the unruffled air and judicial manner of speaking that inspires the layman with almost superstitious confidence in the lawyer.... "We'll find a way out," I said. Mr. Jason, of course, held the key to the situation, and
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