He had made
$10,000 on the sale, and that would go toward paying off what he had
borrowed for the original purchase. Meanwhile he could be looking
about for another site.
Later in the winter he told me it was a bad time to look. His
position in the real-estate business enabled him to follow the trend
of the market, and that trend was obstinately upward. But of course
there would be a reaction--and he was keeping his eyes open.
As the resuscitated Academy scheme once more fell into abeyance, I
saw Halidon less and less frequently; and we had not met for several
months, when one day of June, my morning paper startled me with the
announcement that the President had appointed Edward Halidon of New
York to be Civil Commissioner of our newly acquired Eastern
possession, the Manana Islands. "The unhealthy climate of the
islands, and the defective sanitation of the towns, make it
necessary that vigorous measures should be taken to protect the
health of the American citizens established there, and it is
believed that Mr.
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