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It climbed out of the arena, loosed its suspender, sat down again on the post-office stoop, and took a chew. It consoled itself by drawling sarcasms at the city council which was not to blame, causing the fathers, as has been said, to seek back streets and figure perspiringly on the sinking fund and the appropriation for interest due.

The youth of Okochee—they who were to carry into the rosy future the burden of the debt—accepted failure with youth’s uncalculating joy. For, here was sport, aquatic and nautical, added to the meagre round of life’s pleasures. In yachting caps and flowing neckties they pervaded the lake to its limits. Girls wore silk waists embroidered with anchors in blue and pink. The trousers of the young men widened at the bottom, and their hands were proudly calloused by the oft-plied oar. Fishermen were under the spell of a deep and tolerant joy. Sailboats and rowboats furrowed the lenient waves, popcorn and ice-cream booths sprang up about the little wooden pier. Two small excursion steamboats were built, and plied the delectable waters. Okochee philosophically gave up the hope of eating turtle soup with a gold spoon, and settled back, not ill content, to its regular diet of lotus and fried hominy. And out of this slow wreck of great expectations rose up J. Pinkney Bloom with his “wad” and his prosperous, cheery smile.

Needless to say J. Pinkney was no product of Georgia soil. He came out of that flushed and