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The Major sat watching Montague, smiling at his naivete. “Where did you say this road was?” he asked. “In Mississippi?”

“Yes,” said Montague.

“I was wondering about it,” said the other. “It is not likely that it's Jim Hegan at all. I don't believe anybody could get him to take an interest in Southern railroads. He has probably mentioned it to someone else. What's your road good for, anyway?”

“We had a plan to extend it,” said Montague.

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“It would take but one or two millions to carry it to the main works of the Mississippi Steel Company.”

The Major gave a start. “The Mississippi Steel Company!” he exclaimed.

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“Yes,” said Montague.

“Oh, my God!” cried the other.

“What is the matter?”

“Why in the world did you take a matter like that to Jim Hegan?” demanded Major Venable.

“I took it to him because I knew him,” said Montague.

“But one doesn't take things to people because one knows them,” said the Major. “One takes them to the right people. If Jim Hegan could have his way, he would wipe the Mississippi Steel Company off the map of the United States.”

“What do you mean?”

“Don't you know,” said the Major, “that Mississippi Steel is the chief competitor of the Trust? And old Dan Waterman organised the Steel Trust, and watches it all the time.”

“But what's that got to do with Hegan?”

“Simply that Jim Hegan works with Waterman in everything.”

Montague stared in dismay. “I see,” he said.