sold out 
and be on to something else." 
"Well, it's too hot for shop," Kendrick yawned. "I think I shall cut work 
on Friday and have a long week-end at Sandwich." 
"I have a good mind to do the same," his companion declared. "And as 
to B. & I.'s there's money to be made out of them one way or the other, 
but I shall advise my clients not to touch them.--Hullo, we're 
discovered! Here's Sarah." 
The young lady in question, escorted by a pink-complexioned, 
somewhat bored-looking young man, who cheered up at the sight of the 
iced drinks, greeted the two friends with a smile. She was attired in the 
smartest of garden-party frocks, her brown eyes were clear and 
attractive, her complexion freckled but pleasant, her mouth humorous, 
a suggestion which was further carried out by her slightly retroussé 
nose. She seemed to bring with her an agreeable atmosphere of 
wholesome things. 
"You shall advise your clients not to touch what?" she enquired. "Are 
there any tips going?" 
Kendrick shook his head. 
"You stick to the tips your clients slip into your hand, my dear young 
lady," he advised, "and don't dabble in what you don't understand. The 
Stock Exchange is a den of thieves, and Maurice here and I are two of 
the worst examples." 
Miss Sarah Baldwin made a little grimace. 
"My clients are such a mean lot," she complained. "Now that they have 
got over the novelty of being driven in a taxicab by a woman, they are 
positively stingy. Even Jimmy here only gave me a sovereign for 
picking him up at St. James' Street, waiting twenty minutes at his 
tailor's, and bringing him on here. What is it that you're going to advise
your clients to leave alone, please, Mr. White?" 
"British and Imperial Granaries." 
The young man--the Honourable James Wilshaw--suddenly dropped 
his eyeglass and assumed an anxious expression. 
"I say, what's wrong with them, White?" he demanded. "They're large 
holders of wheat, and wheat's going up all the time." 
"Wheat's going up because they're buying," was the dry comment. 
"Directly they leave off it will drop, and when it begins to drop, look 
out for a slump in B. & I.'s." 
The young man relapsed into a seat by Sarah's side and swung an 
immaculately trousered leg. 
"But look here, Maurice, my boy, why should they leave off buying, 
eh?" he enquired. 
"Because," the other explained, "there is a little more wheat in the 
world than the B. & I. have money for." 
"I can give you a further reason," Kendrick intervened, "for leaving B. 
& I.'s severely alone. There is at the present moment on his way to this 
country---if he is not already here, by the by--one of the shrewdest and 
finest speculators in the world, who is coming over on purpose to do 
what up to now our own men seem to have funked--fight the B. & I. 
tooth and nail." 
"Who's that, Ken?" Maurice White asked with interest. "Why haven't I 
heard about him before?" 
"Because," Kendrick replied, "he wrote and told me that he was coming 
and marked his letter 'Private,' so I thought that I had better keep it to 
myself. His boat was due in Liverpool several days ago, though, so I 
suppose that any one who is interested knows all about his coming by 
this time."
"But his name?" Sarah demanded. "Why don't you tell us his name and 
all about him? I love American millionaires who do things in Wall 
Street and fight with billions. If he's really nice, he may take me off 
your hands, Jimmy." 
"I'd like to see him try," that young man growled, with unexpected 
fierceness. 
"Well, his name is John Philip Wingate," Kendrick told them. "He 
started life, I believe, as a journalist. Then he inherited a fortune and 
made another one on Wall Street, where I imagine he came across 
Dreadnought Phipps. What happened I don't exactly know," he went on 
ruminatively. "Phipps couldn't have squeezed him, or we should have 
heard about it, but somehow or other the two got at loggerheads, for it's 
common knowledge amongst their business connections--I don't know 
that they have any friends--that Wingate has sworn to break Phipps. 
There will be quite a commotion in the City when it gets about that 
Wingate is here or on his way over." 
"It's almost like a romance," Sarah declared, as she took the ice which 
her cavalier had brought her and settled down once more in her chair. 
"Tell me more about Mr. Wingate, please. Mr. Phipps I know, of 
course, and he doesn't seem in the least terrifying. Is Mr. Wingate like 
that or is he a dourer type?" 
"John Wingate," Kendrick said reflectively, "is a much younger man 
than Phipps---I should say that    
    
		
	
	
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