don't seem to impair my appetite none."
"Gay—by George, that's a pretty name. Mack, I've got to meet her."
"Ha!" snorted Mack, and considered that a sufficient answer. He started to pull Jim into the crowded restaurant. Josiah Craib's gaunt frame stepped around the pair. The banker had his hands clasped tightly behind him, and his long face bent forward like that of some droopy vulture. He drew Jim's attention by a slight jerk of his shoulders.
"About that personal offer, Jim. I spoke a little prematurely. I will have to withdraw the offer. Sorry."
"That's all right," said Jim soberly. "I don't—" But Craib was gone, plowing a straight furrow through the multitude.
"He's crooked as a snake's shadder," grumbled Mack. "What's he talkin' about?"
"Nothing," replied Jim. "I've got to meet her, Mack." They passed into the restaurant.
Jim Chaffee thought she hadn't seen him. But she had clearly discovered the excitement simmering in his eyes as she passed by. And he would have been immensely interested if he had known that later in the night she stood by the window of her hotel room and looked across the street to where he stood. The Melotte family was in town; Lily Melotte and a pair of other girls had cornered Jim in front of Tilton's dry-goods store. His hat was off, and he was smiling at the group in a manner that for the moment made him quite gracefully gallant. Lily Melotte touched his arm with a certain air of possession, and at that Gay Thatcher drew away from the window and lifted her sturdy shoulders.
"They tell me he is a lady's man," said she to herself. "It would seem so. Yet I have never seen a finer face. He carries himself so surely—and still without swagger. I wonder if he will try to meet me again?"
With that feminine question she crossed to the table and began to write a letter to the governor of the territory. It was not a social letter; it was one of sober business with the words sounding strangely like those of an equal to an equal. Gay Thatcher was in Roaring Horse ostensibly to attend the rodeo; in reality her presence was for the purpose of finding certain things about certain people. Dress, manner, and beauty might be feminine, but beneath her dark and quite lustrous hair was a sharp mind and a store of experience surpassing that of many a man. Gay Thatcher was a free lance.
II. A SECRET MEETING
William Wells Woolfridge was not an impressive man in the open air; in fact he was apt to take on a neutral coloring when surrounded by neighbors. It required four walls and a little furniture to draw him out. With a desk in front of him and a few sheets of business to trap his attention, he slowly acquired a distinct personality and threw off an atmosphere of authority that his subordinates were quick to sense and even more quick to obey. There is no autocrat like the man who feels himself lacking in outward command.
Perhaps it was his face that made him seem negative. It was a smooth and pink face, suggesting freckles. He wore riding breeches and cordovan boots, and all his clothes matched in shade and were scrupulously pressed. His hair ran sleekly into his neck, his hands were like those of a musician; he had the air of eating well, and indeed his ranch kitchen was stocked with victuals the rest of the country never heard of, nor would have eaten if they had. He was thirty-five and seemed younger; he looked like an Easterner, which he once had been; he looked like a business man, which he was; he looked nothing at all like a cattleman, but he owned more acres than Dad Satterlee, hired thirty punchers in season, and sported a very modern ranch house appointed with Filipino boys in white jackets. The rank and file of Roaring Horse never quite got used to him; but they didn't know, either, the extent of his power nor the far-reaching sources of his fortune; his forefathers had done very well in many lines and many places.
About nine o'clock in the evening William Wells Woolfridge entered the hotel and walked as inconspicuously as possible up the stairs, letting himself into a room occupied by two other gentlemen. One was a visitor from down-territory, the other Josiah Craib. After a few preliminary words, preceded by an adequate measure of rye, the gentleman from down-territory, whose name was on the register as T. Q. Bangor, came to the issues.
"Fortunate thing, Woolfridge, that this rodeo gave me an excuse to come up here and see you. The less of fuss the better. Written correspondence won't do at this stage. It may interest you to know that our engineers have given me some rather favorable estimates."
"Good enough," replied Woolfridge. Though a fortune hinged on the statement he took it with urbane calm. "But why not use words that bite a little deeper?"
At this point Craib rose, gaunt body casting a grotesque shadow against the wall. "You don't need me. I'll go back to my office." With a nod to each of them he went out, closing the door softly behind him, and down the street; as he marched through the crowd, hands clasped across his back and his eyes dropped to the sidewalk, there seemed to be a deep and somber fire burning within the man. Once, when he passed into the bank, he looked at the stars above. That was a rare thing for Craib to do.
In the room Bangor proceeded. "Your banker friend gives me an uneasy, insecure feeling. What does the man think about?"
"God knows," said Woolfridge. "It doesn't matter. He's tied to me. Go on."
"I didn't put the specific case before our engineers," explained Bangor. "I made it an arbitrary and theoretical proposition to keep them off the track. Until the big news breaks we want no leaks. But they assure me of this point—to divert enough water from the proposed power dam for irrigation purposes will be all right. It depends on the following factors—that the number of acres to be irrigated does not require more than so many acre-feet of water, that the dam is high enough and the back basin great enough to take care of a set minimum for the generation of electrical current. I have all the figures with me. It checks all right with the reserves we will be carrying when the Roaring Horse project goes through. I'll give you the sheets to run over. But there are a lot of angles to this thing, and I wish you'd talk to me straight out. I want the picture in your head."
Woolfridge pulled a map from his pocket and unfolded it on the bed. It covered the Roaring Horse country between peaks and western alkali wastes, between Roaring Horse canyon and town, and it had been especially drawn by surveyors for Woolfridge. He laid a finger on it. "All you see here is desert grazing land. Intrinsically worth whatever you've got to pay for it. Fifty cents an acre, ten dollars an acre. All as dry as a bone except for drilled wells and two small creeks. The Roaring Horse absorbs everything. At present this land is good for nothing but cattle. Less than eleven inches of rainfall a year on it. That's the first fundamental proposition.
"The second proposition is that this land is astonishingly fertile; it will grow absolutely anything if irrigated. I've tested it. The third proposition is that we have had three bad cattle years with another in prospect and the ranchers discouraged and willing to sell. I have quietly bought a lot of range through my dummy company next door. I will continue to buy until I have an almost solid strip along the canyon within easy irrigating distance. The control will be absolutely mine. I will irrigate it, divide it into small farms, and sell. Ten dollar range land with water on it is worth, in this district, from fifty to a hundred and fifty dollars."
"Yes, but Woolfridge, have you given enough attention to the cost of installing an irrigating system? One unforeseen item can lay you flat on your back."
Woolfridge smiled, still the mild, soft-fleshed man. "Let's check the items of expense. First, the dam. You are building it for a power dam—doesn't cost me a penny. You will charge a nominal sum for the use of the water later, but that falls on the homesteader, not me. Second item is the main ditch. And outside of one small piece of digging, about three hundred yards, that won't cost anything, either. Look on the map here."
He traced a shaded line that started on the upper end of the Roaring Horse canyon and worked parallel to it, though angling away slightly as it traveled. "That's a gully which in prehistoric days was a good-sized creek. Its mouth comes within three hundred yards of the rim, and that piece had somehow been overlain with soil. It travels down grade with