"Your brokers inform me that unless you desire to take your losses it
will be necessary to put up a ten-point margin," said my secretary.

"That means a cheque for $20,000, I presume," I observed, making a
hurried calculation. He said it did, and I gave it to him.

As soon as he had gone I went out with Kirkaldy, our club professional,
and played a few holes before luncheon, hoping to get that confounded
N.O. & G. stock affair out of my mind so that I could play a good game
in the afternoon. I made the fifth hole in five, which reminded me that
the cursed stock had dropped five points. As a consequence I drove wide
on the next hole, and Kirkaldy won half a dozen balls from me.

In order to play a perfect game of golf one's mind must reflect no
outside matter, and I shall sell that miserable stock the moment I can
get out without serious loss. This should be a lesson to me.

I saw Carter a few minutes ago and he tells me he understands that the
famous Grace Harding does play golf. My worst fears are confirmed.

I shall now clean my clubs and go to bed.




ENTRY NO. II

MAINLY ABOUT SMITH