"What's the meaning of that, then ?" he asked.
"Oh, it can easily be set right.

You see Pearson invests all the spare capital and keeps as small a margin as possible at the bank.

Still it was too bad for him to allow me even to run a risk of having a cheque returned.

I have written to him and demanded his authority to sell out some stock, and I have written an explanation to these people.

In the meantime, however, I have had to issue several cheques; so I had better transfer part of our private account to meet them." "Quite so, my boy.