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TOM SWIFT AND HIS PHOTO TELEPHONE

"Well, I am, to tell the truth," Tom said, calmly.

"I am here at the request of my employer, Mr. Peters," went on the caller. "He says he is forming a new and very powerful company to exploit airships, and he wants to know whether you would not reconsider your determination not to let him do some business for you."

"No, I'm afraid I don't care to go into anything like that," said Tom.

"It would be a good thing for you," proceeded Mr. Boylan, eagerly. "Mr. Peters is able to command large capital, and if you would permit the use of your airships—or one of them—as a model, and would supervise the construction of others, we could confidently expect large sales. Thus you would profit, and I am frank to admit that the company, and Mr. Peters, also, would make money. Mr. Peters is perfectly free to confess that he is in business to make money, but he is also willing to let others share with him. Come now, what do you say?"

"I am sorry, but I shall have to say the same thing I said before," replied Tom. "Nothing doing!"

Mr. Boylan glanced rather angrily at the young inventor, and then, with a shrug of his shoulders, remarked: