The directors will, I feel assured, agree to do
all the work you specify, but the price must be three hundred
thousand. That will leave us two hundred and fifty thousand dollars
net."
"I'll split the difference with you."
MacCandless shook his head.
"Well, that ends our argument," Matt answered pleasantly, and took up
his hat. "You can keep your big white elephant another eight years,
Mr. MacCandless. Perhaps some principal will come along then and make
you another offer; and in the interim you can charge off about one
hundred and fifty thousand dollars interest on the money tied up in
the Narcissus. Fine business--I don't think!" He nodded farewell and
started for the door.
"But you say you have but fifty thousand dollars," MacCandless
protested.
"I said I'd have to get two hundred and fifty thousand dollars more.
Well, I'll do it."
"Quite a sum to raise these days," MacCandless remarked doubtfully.
"Well, if you'll give me a sixty-day option on the Narcissus at two
hundred and seventy-five thousand dollars and agree to do the repairs
on her, including dry-docking, cleaning and painting her up to the
water line, I'll take a ten-thousand-dollar chance, Mr. MacCandless,
that I can raise the money."
"Do you mean you'll give the Oriental Steamship Company ten thousand
dollars for a sixty-day option?"
"I do; and I'll pay for the vessel as I raise the remainder of the
money.
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