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promotion and in its reconstruction, we left the court by city standards without a stain on our characters. The great amalgamation of Household Services was my uncle's first really big-scale enterprise and his first display of bolder methods; for this we bought back Do Ut, Moggs (going strong with a seven per cent. dividend) and acquired Skinnerton's polishes, the Hiffleshaw properties and the Runcorn's mincer and coffee-mill business. To that Amalgamation I was really not a party; I left it to my uncle because I was then beginning to get keen upon the soaring experiments I had taken on from the results then to hand of Lilienthal, Pilcher and the Wright brothers. I was developing a glider into a flyer. I meant to apply power to this glider as soon as I could work out one or two residual problems affecting the longitudinal stability. I knew that I had a sufficiently light motor in my own modification of Bridger's light turbine, but I knew too that until I had cured my aeroplane of a tendency demanding constant alertness from me, a tendency to jerk up its nose at unexpected moments and slide back upon me, the application of an engine would be little short of suicide.

But that I will tell about later. The point I was coming to was that I did not realize until after the crash how recklessly my uncle had kept his promise of paying a dividend of over eight per cent. on the ordinary shares of that hugely over-capitalized enterprise, Household Services.

I drifted out of business affairs into my research much more than either I or my uncle had contemplated. Finance was much less to my taste than the organization of the Tono-Bungay factory. In the new field of enterprise there was a great deal of bluffing and gambling,