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he had fancied that Stacy liked her;indeed; Kitty fancied it;

too;and it seemed almost providential now that he should know how

to assist his old partner to happiness。  For it was inconceivable

that Stacy should not be able to rescue this woman from her

shameful bonds; or that she should not consent to it through his

(Barker's) arguments and entreaties。  To a 〃champion of dames〃 this

seemed only right and proper。  In his unfailing optimism he

translated Stacy's laugh as embarrassment and Demorest's as only

ignorance of the real question。  But Demorest had noticed; if he

had not; that Stacy's laugh was a little nervously prolonged for a

man of his temperament; and that he had cast a very keen glance at

Barker。  A messenger arriving with a telegram brought from

Boomville called Stacy momentarily away; and Barker was not slow to

take advantage of his absence。



〃I wish; Phil;〃 he said; hitching his chair closer to Demorest;

〃that you would think seriously of this matter; and try to persuade

Stacywho; I believe; is more interested in Mrs。 Horncastle than

he cares to showto put a little of that determination in love

that he has shown in business。  She's an awfully fine woman; and in

every way suited to him; and he is letting an absurd sense of pride

and honor keep him from influencing her to get rid of her

impossible husband。  There's no reason;〃 continued Barker in a

burst of enthusiastic simplicity; 〃that BECAUSE she has found some

one she likes better; and who would treat her better; that she

should continue to stick to that beast whom all California would

gladly see her divorced from。  I never could understand that kind

of argument; could you?〃



Demorest looked at his companion's glowing cheek and kindling eye

with a smile。  〃A good deal depends upon the side from which you

argue。  But; frankly; Barker boy; though I think I know you in all

your phases; I am not prepared yet to accept you as a match…maker!

However; I'll think it over; and find out something more of this

from your goddess; who seems to have bewitched you both。  But what

does Mistress Kitty say to your admiration?〃



Barker's face clouded; but instantly brightened。  〃Oh; they're the

best of friends; they're quite like us; you know; even to larks

they have together。〃  He stopped and colored at his slip。  But

Demorest; who had noticed his change of expression; was more

concerned at the look of half incredulity and half suspicion with

which Stacy; who had re…entered the room in time to hear Barker's

speech; was regarding his unconscious younger partner。



〃I didn't know that Mrs。 Horncastle and Mrs。 Barker were such

friends;〃 he said dryly as he sat down again。  But his face

presently became so abstracted that Demorest said gayly:



〃Well; Jim; I'm glad I'm not a Napoleon of Finance!  I couldn't

stand it to have my privacy or my relaxation broken in upon at any

moment; as yours was just now。  What confounded somersault in

stocks has put that face on you?〃



Stacy looked up quickly with his brief laugh。  〃I'm afraid you'd be

none the wiser if I told you。  That was a pony express messenger

from New York。  You remember how Barker; that night of the strike;

when we were sitting together here; or very near here; proposed

that we ought to have a password or a symbol to call us together in

case of emergency; for each other's help?  Well; let us say I have

two partners; one in Europe and one in New York。  That was my

password。〃



〃And; I hope; no more serious than ours;〃 added Demorest。



Stacy laughed his short laugh。  Nevertheless; the conversation

dragged again。  The feverish gayety of the early part of the

evening was gone; and they seemed to be suffering from the

reaction。  They fell into their old attitudes; looking from the

firelight to the distant bulk of Black Spur without a word。  The

occasional sound of the voices of promenaders on the veranda at

last ceased; there was the noise of the shutting of heavy doors

below; and Barker rose。



〃You'll excuse me; boys; but I must go and say good…night to little

Sta; and see that he's all right。  I haven't seen him since I got

back。  But〃to Demorest〃you'll see him to…morrow; when Kitty

comes。  It is as much as my life is worth to show him before she

certifies him as being presentable。〃  He paused; and then added:

〃Don't wait up; you fellows; for me; sometimes the little chap

won't let me go。  It's as if he thought; now Kitty's away; I was

all he had。  But I'll be up early in the morning and see you。  I

dare say you and Stacy have a heap to say to each other on

business; and you won't miss me。  So I'll say good…night。〃  He

laughed lightly; pressed the hands of his partners in his usual

hearty fashion; and went out of the room; leaving the gloom a

little deeper than before。  It was so unusual for Barker to be the

first to leave anybody or anything in trouble that they both

noticed it。  〃But for that;〃 said Demorest; turning to Stacy as the

door closed; 〃I should say the dear fellow was absolutely

unchanged。  But he seemed a little anxious to…night。〃



〃I shouldn't wonder。  He's got two women on his mind;as if one

was not enough。〃



〃I don't understand。  You say his wife is foolish; and this other〃



〃Never mind that now;〃 interrupted Stacy; getting up and putting

down his pipe。  〃Let's talk a little business。  That other stuff

will keep。〃



〃By all means;〃 said Demorest; with a smile; settling down into his

chair a little wearily; however。  〃I forgot business。  And I

forgot; my dear Jim; to congratulate you。  I've heard all about

you; even in New York。  You're the man who; according to everybody;

now holds the finances of the Pacific Slope in his hands。  And;〃 he

added; leaning affectionately towards his old partner; 〃I don't

know any one better equipped in honesty; straightforwardness; and

courage for such a responsibility than you。〃



〃I only wish;〃 said Stacy; looking thoughtfully at Demorest; 〃that

I didn't hold nearly a million of your money included in the

finances of the Pacific Slope。〃



〃Why;〃 said the smiling Demorest; 〃as long as I am satisfied?〃



〃Because I am not。  If you're satisfied; I'm a wretched idiot and

not fit for my position。  Now; look here; Phil。  When you wrote me

to sell out your shares in the Wheat Trust I was a little

staggered。  I knew your gait; my boy; and I knew; too; that; while

you didn't know enough to trust your own opinions or feeling; you

knew too much to trust any one's opinion that wasn't first…class。

So I reckoned you had the straight tip; but I didn't see it。  Now;

I ought not to have been staggered if I was fit for your confidence;

or; if I was staggered; I ought to have had enough confidence in

myself not to mind you。  See?〃



〃I admit your logic; old man;〃 said Demorest; with an amused face;

〃but I don't see your premises。  WHEN did I tell you to sell out?〃



〃Two days ago。  You wrote just after you arrived。〃



〃I have never written to you since I arrived。  I only telegraphed

to you to know where we should meet; and received your message to

come here。〃



〃You never wrote me from San Francisco?〃



〃Never。〃



Stacy looked concernedly at his friend。  Was he in his right mind?

He had heard of cases where melancholy brooding on a fixed idea had

affected the memory。  He took from his pocket a letter…case; and

selecting a letter handed it to Demorest without speaking。



Demorest glanced at it; turned it over; read its contents; and in a

grave voice said; 〃There is something wrong here。  It is like my

handwriting; but I never wrote the letter; nor has it been in my

hand before。〃



Stacy sprang to his side。  〃Then it's a forgery!〃



〃Wait a moment。〃  Demorest; who; although very grave; was the more

collected of the two; went to a writing…desk; selected a sheet of

paper; and took up a pen。  〃Now;〃 he said; 〃dictate that letter to

me。〃



Stacy began; Demorest's pen rapidly following him:



〃DEAR JIM;On receipt of this get rid of my Wheat Trust shares at

whatever figure you can。  From the way things pointed in New York〃



〃Stop!〃 interrupted Demorest。



〃Well?〃 said Stacy impatiently。



〃Now; my dear Jim;〃 said Demorest plaintively; 〃when did you ever

know me to write such a sentence as 'the way things pointed'?〃



〃Let me finish reading;〃 said Stacy。  This literary sensitiveness

at such a moment seemed little short of puerility to the man of

business。



〃From the way things pointed in New York;〃 continued Stacy; 〃and

from private advices received; this seems to be the only prudent

course before the feathers begin to fly。  Longing to see you again

and the dear old stamping…ground at Heavy Tree。  Love to Barker。

Has the dear old boy been at any fresh crank lately?



〃Yours; PHIL DEMOREST。〃



The dictation and copy finished together。  Demorest laid the

freshly written sheet beside the letter Stacy had 

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