Scattergood Baines sat on the porch of his hardware store and looked down Coldriver Valley. It was very beautiful, even under the hot summer sun of the second anniversary of Scattergood's arrival in that part of the world, but he was not seeing it as it was--mountainous, green, with untouched forests, quickened to life and sound by the swift, rushing, splashing downrush of a tireless mountain river. Scattergood saw the valley as he was going to make it, for he was a specialist in valleys. For years he had searched for an undeveloped valley--for the sort of valley it would be worth his while to take in hand, and two years ago he had found it and invaded it. His equipment for its conquest had been meager--some fifty dollars in money and a head filled from ear to ear and from eyebrows to scalp lock with shrewdness. His progress in twenty-four months had been notable, for he was sole proprietor of a profitable hardware store in Coldriver village, and controlled the upper stretches of Coldriver by virtue of a certain dam and boom company built with other men's capital for Scattergood's benefit and behoof. Now, in the eye of his mind, he could see the whole twenty-odd miles of his valley. Along the left bank, hanging perilously to the slope of the mountain, he saw the rails of a narrow-gauge railroad reaching from Coldriver Valley to the main line that passed the valley's mouth. He saw sturdy, snorting little engines drawing logs to sawmills of a magnitude not dreamed of by any other man in the locality, and he saw other engines hauling out lumber to the southward. He saw villages where no villages existed that day, and villages meaning more traffic for his railroad, more trade for the stores he had it in his thought to establish. Something else he saw, but more dimly. This vision took the shape of a gigantic dam far back in the mountains, behind which should be stored the waters from the melting snows and from the spring rains, so that they might be released at will to insure a uniform flow throughout the year, wet months and dry months, as he desired. He saw this water pouring over other dams, turning water wheels, giving power to mills and factories. More than that, in the remotest and dimmest recess of his brain he saw not sharply, not with full comprehension, this tremendous water power converted into electricity and transported mile upon mile over far-reaching wires, to give light and energy to distant communities. But all that was remote; it lay in the years to come. For the present smaller affairs must content him. Even the matter of the narrow-gauge railroad was beyond his grasp.