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th the local division of the Eastern Conference. The Eastern Conference was an organization to which most of the leading companies belonged. Its function was the orderly regulation of all matters affecting its members' relations with their agents. Theoretically its primary purpose was to prevent the overcompensation of some agents at the expense of others. If it did not always succeed in doing this, it did at least succeed in making extremely embarrassing the lot of any company operating outside of its organization. It was everywhere an arbitrary body, and its New York State branch was perhaps the least disciplined of any of its constituent parts, and was moreover suspected of favoring some of its own members at the expense of others. President Wintermuth, loyal to his associates, but patient only up to a certain point, had of late begun to consider that his company was decidedly in the latter class. It was easy to see that a diplomat's hand was needed to accomplish what Smith was sent to accomplish, and Smith could be a diplomat of parts when the need arose; but his instructions from Mr. O'Connor had left him so little latitude that he was obliged to return without securing any positive action of any sort. "They will take the matter up at the next meeting," he reported. O'Connor transmitted this report to the President with an expression of disappointment. "We ought to have had that thing fixed up. And if it had been handled right, it would have been fixed up now," he said. Whereat the President, with one of his flashes of clear vision, replied suavely, "And who gave Smith his instructions?" It was only a chance shot on Mr. Wintermuth's part, but it went straight to the mark, and it rankled. O'Connor knew--or felt reasonably sure--that Smith had not mentioned the matter to any one but himself, yet the chief had struck unerringly the nail's head. And all this endeared Smith but little to the man who had never liked him. It is none too comfortable to work for a man who will covertly begrudge you your successes and indifferently conceal his satisfaction at your mistakes; for the stoutest hearted it is a discouraging business. This Smith found it, and he would have found it still more discouraging had it not been for the exuberance of his enthusiasm for his profession and his healthy appetite for most real things that came his way--real work, real pleasures, real sport, and perhaps a few real follies.
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