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    Chapter XXXVIII

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    Three months later Cappy Ricks sat alone in his office, his feet on his desk, his old head bowed on his breast. Apparently he was having a gentle snooze. Suddenly he sat up with the suddenness of a jack-in-the-box and stepped to the door leading to Mr. Skinner's office.

    "Skinner, my dear boy," he said, "do you remember that stinking Humboldt spruce I sawed off on Live Wire Luiz one day when you were out to lunch?"

    Mr. Skinner nodded.

    "They claimed a rebate of six dollars a thousand on it," he declared; "and we declined to allow the claim. Well, I've decided to allow it, Skinner. Tell Hankins to draw a check for the rebate in full and bring it in to me. Send in a stenographer."

    Cappy clawed his whiskers as the stenographer took her seat at his desk.

    "Ahem! Hum! Harumph-h-h!" he began. "Take letter."

    "Mr. J. Augustus Redell

    "President West Coast Trading Co.

    "Merchants' Exchange Building, City.

    "My dear Gus: Having waited for several weeks in the hope of meeting you at the Bilgewater Club, to which, due to some mysterious reason, you appear to have been excessively disloyal of late, I despair of the delight of a personal interview and am accordingly writing you.

    "You will recall that jag of odoriferous spruce your excitable partner was chump enough to buy from the Ricks Lumber & Logging Company. On the receipt this morning of a communication from my exceedingly capable representative in Papeete I came to the conclusion that I could afford to allow the rebate claimed by the excessively sour-balled Senor Almeida, and accordingly I am inclosing herewith, to the order of your company, the Ricks Lumber & Logging Company's check for $536.12.

    "I also beg to tender you my assurance that if I have seemed in the past to cherish an unchristian resentment of that little deal in grape stakes, the memory of the outrage no longer rankles in my bosom. For you, my dear young friend, I entertain the kindliest, the most paternal of feelings. I have not only forgiven, but I have also forgotten; for my honor is clear again and I figure I can pretty blamed well afford myself the luxury.

    "Regarding that steamer Valkyrie, please be advised that the next steamer to Australia, via Papeete and Raratonga, will carry a Blue Star flag and my instructions to our representative to have it tacked to the main truck of the Valkyrie as she dies submerged in the harbor. Since I assume you will be interested in learning the details of our acquisition of the steamer in question, and since, further, I cannot see that I have anything to lose by withholding this interesting information, please be advised that we bought her in for twenty-two thousand five hundred dollars.

    "I fear you will be inclined to doubt this and accuse me of romancing for
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