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out the improvement work which had been planned. It seemed that hard and soft earth made a difference in grading costs, that trees would not always flourish as expected, that certain members of the city water and gas departments had to be "seen" and "fixed" before certain other improvements could be effected. Mr. Ross attended to all this, but the cost of the proceedings was something which had to be discussed, and Lester heard it all.

After the land was put in shape, about a year after the original conversation, it was necessary to wait until spring for the proper advertising and booming of the new section; and this advertising began to call at once for the third payment. Lester disposed of an additional fifteen thousand dollars worth of securities in order to follow this venture to its logical and profitable conclusion.

Up to this time he was rather pleased with his venture. Ross had certainly been thorough and business-like in his handling of the various details. The land was put in excellent shape. It was given a rather attractive title—"Inwood," although, as Lester noted, there was precious little wood anywhere around there. But Ross assured him that people looking for a suburban residence would be attracted by the name; seeing the vigorous efforts in tree-planting that had been made to provide for shade in the future, they would take the will for the deed. Lester smiled.

The first chill wind that blew upon the infant project came in the form of a rumor that the International Packing Company, one of the big constituent members of the packing house combination at Halstead and Thirty-ninth streets, had determined to desert the old group and lay out a new packing area for itself. The papers explained that the company intended to go farther south, probably below Fifty-fifth Street and west of Ashland Avenue. This was the territory that was located due west of Lester's property, and the mere suspicion that the packing company might invade the territory was sufficient to blight the prospects of any budding real estate deal.

Ross was beside himself with rage. He decided, after quick deliberation, that the best thing to do would be to boom the property heavily, by means of newspaper advertising, and see if it could not be disposed of before any additional damage was likely to be done to it. He laid the matter before Lester, who agreed that this would be advisable. They had already expended six thousand dollars in advertising, and now the additional sum of three thousand dollars was spent in ten days, to make it appear that In wood was an ideal residence section, equipped with every modern convenience for the home-lover, and destined to be one of the most exclusive and beautiful suburbs of the city. It was "no go." A few lots were sold, but the rumor that the International Packing Company might come was persistent and deadly; from any point of view, save that of a foreign population neighborhood, the enterprise was a failure.

To say that Lester was greatly disheartened by this blow is to put it mildly. Practically fifty thousand dollars, two-thirds of all his earthly possessions, outside of his stipulated annual income, was tied up here; and there were taxes to pay, repairs to maintain, actual depreciation in value to face. He suggested to Ross that the area might be sold at its cost value, or a loan raised on it, and the whole enterprise abandoned; but that experienced real estate dealer was not so sanguine. He had had one or two failures of this kind before. He was superstitious about anything which did not go smoothly from the beginning. If it didn't go it was a hoodoo—a black shadow—and he wanted no more to do with it. Other real estate men, as he knew to his cost, were of the same opinion.

Some three years later the property was sold under the sheriff's hammer. Lester, having put in fifty thousand dollars all told, recovered a trifle more than eighteen thousand; and some of his wise friends assured him that he was lucky in getting off so easily.





CHAPTER L



While the real estate deal was in progress Mrs. Gerald decided to move to Chicago. She had been staying in Cincinnati for a few months, and had learned a great deal as to the real facts of Lester's irregular mode of life. The question whether or not he was really married to Jennie remained an open one. The garbled details of Jennie's early years, the fact that a Chicago paper had written him up as a young millionaire who was sacrificing his fortune for love of her, the certainty that Robert had practically eliminated him from any voice in the Kane Company, all came to her ears. She hated to think that Lester was making such a sacrifice of himself. He had let nearly a year slip by without doing anything. In two more years his chance would be gone. He had said to her in London that he was without many illusions. Was Jennie one? Did he really love her, or was he just sorry for her? Letty wanted very much to find out for sure.

The house that Mrs. Gerald leased in Chicago was a most imposing one on Drexel Boulevard. "I'm going to take a house in your town this winter, and I hope to see a lot of you," she wrote to Lester. "I'm awfully bored with life here in Cincinnati. After Europe it's so—well, you know. I saw Mrs. Knowles on Saturday. She asked after you. You ought to know that you have a loving friend in her. Her daughter is going to marry Jimmy Severance in the spring."

Lester thought of her coming with mingled feelings of pleasure and uncertainty. She would be entertaining largely, of course. Would she foolishly begin by attempting to invite him and Jennie? Surely not. She must know the truth by this time. Her letter indicated as much. She spoke of seeing a lot of him. That meant that Jennie would have to be eliminated. He would have to make a clean breast of the whole affair to Letty. Then she could do as she pleased about their future intimacy. Seated in Letty's comfortable boudoir one afternoon, facing a vision of loveliness in pale yellow, he decided that he might as well have it out with her. She would understand. Just at this time he was beginning to doubt the outcome of the real estate deal, and consequently he was feeling a little blue, and, as a concomitant, a little confidential. He could not as yet talk to Jennie about his troubles.

"You know, Lester," said Letty, by way of helping him to his confession—the maid had brought tea for her and some brandy and soda for him, and departed—"that I have been hearing a lot of things about you since I've been back in this country. Aren't you going to tell me all about yourself? You know I have your real interests at heart."

"What have you been hearing, Letty?" he asked, quietly.

"Oh, about your father's will for one thing, and the fact that you're out of the company, and some gossip about Mrs. Kane which doesn't interest me very much. You know what I mean. Aren't you going to straighten things out, so that you can have what rightfully belongs to you? It seems to me such a great sacrifice, Lester, unless, of course, you are very much in love. Are you?" she asked archly.

Lester paused and deliberated before replying. "I really don't know how to answer that last question, Letty," he said. "Sometimes I think that I love her; sometimes I wonder whether I do or not. I'm going to be perfectly frank with you. I was never in such a curious position in my life before. You like me so much, and I—well, I don't say what I think of you," he smiled. "But anyhow, I can talk to you frankly. I'm not married."

"I thought as much," she said, as he paused.

"And I'm not married because I have never been able to make up my mind just what to do about it. When I first met Jennie I thought her the most entrancing girl I had ever laid eyes on."

"That speaks volumes for my charms at that time," interrupted his vis-a-vis.

"Don't interrupt me if you want to hear this," he smiled.

"Tell me one thing," she questioned, "and then I won't. Was that in Cleveland?"

"Yes."

"So I heard," she assented.

"There was something about her so—"

"Love at first sight," again interpolated Letty foolishly. Her heart was hurting her. "I know."

"Are you going to let me tell this?"

"Pardon me, Lester. I can't help a twinge or two."

"Well, anyhow, I lost my head. I thought she was the most perfect thing under the sun, even if she was a little out of my world. This is a democratic country. I thought that I could just take her, and then—well, you know. That is where I made my mistake. I didn't think that would prove as serious as it did. I never cared for any other woman but you before and—I'll be frank—I didn't know whether I wanted to marry you. I thought I didn't want to marry any woman. I said to myself that I could just take Jennie, and then, after a while, when things had quieted down some, we could separate. She would be well provided for. I wouldn't care very much. She wouldn't care. You understand."

"Yes, I understand," replied his confessor.

"Well, you see, Letty, it hasn't worked out that way. She's a woman of a curious temperament. She possesses a world of feeling and emotion. She's not educated in the sense in which we understand that word, but she has natural refinement and tact. She's a good housekeeper. She's an ideal mother. She's the most affectionate creature under the sun. Her devotion to her mother and father was beyond words. Her love for her—daughter she's hers, not mine—is perfect. She hasn't any of the graces of the smart society woman. She isn't quick at repartee. She can't join in any rapid-fire conversation. She thinks rather slowly, I imagine. Some of her big thoughts never come to the surface at all, but you can feel that she is thinking and that she is feeling."

"You pay her a lovely tribute, Lester," said Letty.

"I ought to," he replied. "She's a good woman, Letty; but, for all that I have said, I sometimes think that it's only sympathy that's holding me."

"Don't be too sure," she said warningly.

"Yes, but I've gone through with a great deal. The thing for me to have done was to have married her in the first place. There have been so many entanglements since, so much rowing and discussion, that I've rather lost my bearings. This will of father's complicates matters. I stand to lose eight hundred thousand if I marry her—really, a great deal more, now that the company has been organized into a trust. I might better say two millions. If I don't marry her, I lose everything outright in about two more years. Of course, I might pretend that I have separated from her, but I don't care to lie. I can't work it out that way without hurting her feelings, and she's been the soul of devotion. Right down in my heart, at this minute, I don't know whether I want to give her up. Honestly, I don't know what the devil to do."

Lester looked, lit a cigar in a far-off, speculative fashion, and looked out of the window.

"Was there ever such a problem?" questioned Letty, staring at the floor. She rose, after a few moments of silence, and put her hands on his round, solid head. Her yellow, silken house-gown, faintly scented, touched his shoulders. "Poor Lester," she said. "You certainly have tied yourself up in a knot. But it's a Gordian knot, my dear, and it will have to be cut. Why don't you discuss

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