. bonds. You don't want to sell those, Van. You see,
the homestead is already mortgaged. And, besides, you know, too, that
the banks are asking an awful big per cent. for mortgages on real
estate; it's seven and a half nowadays. Don't sell your bonds. I'll tell
you why: U.S. bonds are always good; they never depreciate, but it's
different with realty, especially in this city just now. It's been
depreciating ever since your father's time, and it's going to go right
on depreciating. If you want to sell anything, sell your realty before
it gets any lower. Now you don't want to sell your home, do you? You
don't like that idea. You've lived there so long, and then what would
you do with the furniture; besides, the rent of that," he glanced again
at his notes, "is bringing you in a good hundred and twenty-five a
month. If you've got to sell at all, why not sell your Mission block?"
"All right," said Vandover, as if wearied by Geary's clamour, "I'll sign
it over to him."
"No, that's not the idea at all," Geary insisted. "He wants the ready
money; he don't want depreciated real estate. You'll have to find a
purchaser in the next week if you possibly can in such a short time, and
make over the money to Wade. But if you can't sell in that time you will
have to dig up ten thousand instead of eight. It's a hard position for
you, Van; it's just a chance, you know, but I thought I would give you
the benefit of that chance. If you want to give me a power of attorney
I'll try and sell it for you."
"I guess Brunt would do that," replied Vandover.
"Yes," retorted Geary, watchful as a lynx, "but they would charge you a
big commission. Of course _I_ wouldn't think of asking you anything more
than the actual costs. I am afraid that they would try to sell it at
auction, too, if they knew you had to realize on it in so short a time,
and it would go for a mere song then; you know how it is."
"I thought," inquired Vandover, "that you wanted that property."
"Yes," replied Geary, hesitating, "I--I did want to buy it of you once;
well, for that matter I do now. But you know how it is with me."
"I might as well sell it to you as to any one else," returned Vandover.
"Well, now, it's like this, Van," said Geary. "I know that block is
worth nine thousand dollars; I won't deceive you. But I can only give
you eight thousand for it. That's all the money I've got. But I'm not
going to take advantage of your position to jew you down. I want
|