replied Smith, promptly, "upon which I have decided to
erect four rows of dwellings."
"But it is too far out for that," was naturally objected.
"O, no; not a rod. The city is rapidly growing in that direction. I have
only to put up the dwellings referred to, and dozens will, be anxious to
purchase lots, and build all around them. Won't the ground to the left
of that you speak of answer as well?"
But the committee replied in the negative. The lot they had mentioned
was the one decided upon as most suited for the purpose, and they were
not prepared to think of any other location.
All this Smith understood very well. He was not only willing, but
anxious for the city to purchase the lot they were negotiating for. All
he wanted was to get a good round price for the same--say four or five
times the real value. So he feigned indifference, and threw difficulties
in the way.
A few years previous to this time, Smith had purchased a considerable
tract of land at the north of the then flourishing village, at fifty
dollars an acre. Its present value was about three hundred dollars an
acre. After a good deal of talk on both sides, Smith finally agreed to
sell the particular lot pitched upon. The next thing was to arrange as
to price.
"At what do you hold this ground per acre?"
It was some time before Smith answered this question. His eyes were cast
upon the floor, and earnestly did he enter into debate with himself as
to the value he should place upon the lot. At first he thought of five
hundred dollars per acre. But his cupidity soon caused him to advance
on that sum, although, a month before, he would have caught at such
an offer. Then he advanced to six, to seven, and to eight hundred. And
still he felt undecided.
"I can get my own price," said he to himself. "The city has to pay, and
I might just as well get a large sum as a small one."
"For what price will you sell?" The question was repeated.
"I must have a good price."
"We are willing to pay what is fair and right."
"Of course. No doubt you have fixed a limit to which you will go."
"Not exactly that," said one of the gentlemen.
"Are you prepared to make an offer?"
"We are prepared to hear your price, and to make a report thereon," was
replied.
"That's a very valuable lot of ground," said Smith.
"Name your price," returned one of the committeemen, a little
impatiently.
Thus brought up to the point, Smith, after thinking hurriedly for a f
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