stock and bonds of the Grenoble Light and Power Company, in which you are
interested, and which is, I believe, to supply the town with electric
light, the present source being inadequate."

"So I did," replied Mr. Simpson, urbanely, "and I believe the investment
to be a good one. There is no better power in this part of the country
than Psalter's Falls."

"I wished to inform you that I do not intend to go into the Light and
Power Company," said Chiltern.

"I am sorry to hear it," Mr. Simpson declared. "In my opinion, if you
searched the state for a more profitable or safer thing, you could not
find it."

"I have no doubt the investment is all that could be desired, Mr.
Simpson. I merely wished you to know, as soon as possible, that I did not
intend to put my money into it. There are one or two other little matters
which you have mentioned during the week. You pointed out that it would
be an advantage to Grenoble to revive the county fair, and you asked me
to subscribe five thousand dollars to the Fair Association."

This time Mr. Simpson remained silent.

"I have come to the conclusion, to-day, not to subscribe a cent. I also
intend to notify the church treasurer that I will not any longer rent a
pew, or take any further interest in the affairs of St. John's church. My
wife was kind enough, I believe, to send five hundred dollars to the
Grenoble hospital. That will be the last subscription from any member of
my family. I will resign as a director of the Grenoble Bank to-morrow,