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 came of it, Mr. Gould. However, here we possess the advantage of having only one South American government hanging around for plunder out of the deal. It is an advantage; but then there are degrees of badness, and that government is the Costaguana government."

Thus spoke the considerable personage, the millionaire endower of churches on a scale befitting the greatness of his native land—the same to whom the doctors used the language of horrid and veiled menaces. He was a big-limbed, deliberate man, whose quiet burliness lent to an ample silk-faced frock-coat a superfine dignity. His hair was iron gray, his eyebrows were still black, and his massive profile was the profile of a Cæsar's head on an old Roman coin. But his parentage was German and Scotch and English, with remote strains of Danish and French blood, giving him the temperament of a Puritan and an insatiable imagination of conquest. He was completely unbending to his visitor, because of the warm introduction the visitor had brought from Europe, and because of an irrational liking for earnestness and determination wherever met, to whatever end directed.

"The Costaguana government shall play its hand for all it's worth—and don't you forget it, Mr. Gould. Now, what is Costaguana? It is the bottomless pit of ten per cent. loans and other fool investments. European capital had been flung into it with both hands for years. Not ours, though. We in this country know just about enough to keep in-doors when it rains. We can sit and watch. Of course, some day we shall step in. We are bound to. But there's no hurry. Time