Wade rode slowly forward in the indicated direction, puzzled somewhat, for it led away from Sheridan, which should have been the agent's logical objective point. But a few moments' consideration of the situation made him think that the route was probably chosen for strategic reasons. Very likely Moran had found his escape at the other end of the town blocked, and he meant to work to some distant point along the railroad. Wade drew rein, with the idea of bringing his friends also to the pursuit, but from what his informant had told him Moran already had a long start and there was no time to waste in summoning assistance. Besides, if it were still possible to overtake the quarry, the ranchman preferred to settle his difference with him, face to face, and alone. He urged his horse into a lope, and a little beyond the town dismounted to pick up the trail of the fugitive, if it could be found. Thanks to a recent shower, the ground was still soft, and the cattleman soon picked up the trail of a shod horse, leading away from the road and out upon the turf. By the growing light, he was able to follow this at a fairly rapid pace, and as he pressed on the reflection came to him that if the agent continued as he was now headed, he could hope to come out eventually upon the Burlington Railroad, a full seventy miles from Sheridan. The pursuit was likely to be a long one, in this event, and Wade was regretting that he had not left some word to explain his absence, when he suddenly became aware of the fact that he had lost the trail. With an exclamation of annoyance, he rode back a hundred yards or so, until he picked up the tracks again, when he found that they turned sharply to the right, altogether away from the railroad. Puzzled again, he followed it for half a mile, until convinced that Moran had deliberately circled Crawling Water. But why? What reason could the man have which, in a moment of desperate danger to himself, would lead him to delay his escape? What further deviltry could he have on foot? There was nothing to lead him in the direction he was now traveling, unless...! Wade's heart suddenly skipped a beat and beads of cold sweat bedewed his forehead, for Dorothy Purnell and her mother had come into his mind. There was nothing ahead of Moran but the Double Arrow ranch! If that were the agent's objective point, there would be nothing between him and the women save Barker, and the "drop" of a gun might settle that!