"Of course you know that Johnny is a client of mine." "I know that he is a friend of yours also," she reminded him.
"On that basis I'll tell you anything you want to know," laughed Loring.

"Johnny was doing an excellent business in real estate speculation when this man Collaton came to him with an enormous irrigation scheme.

They formed a partnership.

Collaton went out West to superintend the reclaiming of some thousands of acres of arid land, while Johnny stayed here to sell rose-bordered farms to romantic city home seekers.

Collaton spent money faster than Johnny could get it, and operations had to be discontinued.