"
He blew out the light and retired, not to sleep, but to revolve plan
after plan for the salvation of the ranch. To float a new loan from
any source in San Marcos County he dismissed for the hundredth time as
a proposition too nebulous for consideration. His only hope of a bank
loan lay in an attempt to interest outside bankers to a point where
they would consent to have the property appraised. Perhaps the letter
from Parker which he held would constitute evidence to cautious
capitalists of the sufficiency of the security for the loan. It was
for that purpose that he had cunningly inveigled Parker into making him
that offer to clear out and leave him a fair field and no litigation.
However, Don Mike knew that between bankers there exists a certain
mutual dependence, a certain cohesiveness that makes for mutual
protection. If, for instance (he told himself), he should apply to a
San Francisco bank for a loan on the ranch, the bank, prior to wasting
either time or mental energy on his application, would first ascertain
from sources other than him, whether it was remotely worth while
considering the loan up to a point of sending a representative down to
appraise the land. Their first move, therefore, would be to write
their correspondent in El Toro--John Parker's bank, the First
National--for information regarding the Farrel family, the ranch and
the history of the mortgage.
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