And yet it was.

It was too great a blow to produce anything like irritation or indignation.

I was meek enough to be quite resigned, and merely congratulated myself that I had not telegraphed Mr.Thomson.
I decided not to return to the Barings, and although J.S.Morgan & Co.
had been bringing out a great many American securities I subsequently sold the bonds to them at a reduced price as compared with that agreed to by the Barings.

I thought it best not to go to Morgan & Co.

at first, because I had understood from Colonel Phillips that the bonds had been unsuccessfully offered by him to their house in America and I supposed that the Morgans in London might consider themselves connected with the negotiations through their house in New York.