The evening of pay day, with the money which the Club had placed in my hands to pay the bills, I went down town to carry out the wishes of the Club, when I met a friend, who is in the close confidence of the "big ring" of operators. He called me aside and told me that he had inside information that within three days Silver Hill would commence to jump, that within a week the present value would be multiplied by five or six and more likely by ten. That there would be an immediate and great advance he assured me was absolutely certain. He told me how he had received his information, and it seemed to me to be conclusive. I found a broker, unloaded my pockets, and bade him buy Silver Hill; to buy on a margin all he could afford to. The stock has fallen thirty per cent., and the indications are that it will go still lower. Yesterday I suppose it was sold out, for on the previous day I received a notice from the broker to please call at his office at once. My courage, that never failed me before, broke down. I could not go. The amount of money belonging to the Club which I had was altogether $575.00. Of course it in lost. It is a clear case of breach of trust, if not of embezzlement. You can make me smart for it, if you feel disposed to, or if you can give me the time, I can pay the money in about eight months after I get to work. That is, I can send you about eighty dollars per month. If wanted I will be in Austin or Eureka. I might make this letter much longer, but I suspect by the time you will have read this much, you will think it long enough. Believe me none of you can think meaner of me than I do of myself. JOE MILLER. After the reading of the letter, Wright was the first to find his voice. Said he: "It is too bad. I knew Miller was reckless, but I believed his recklessness never could go beyond his own affairs. I had implicit faith in him." "Had he only told us," said Ashley, "that he wanted to use the money, he could have had five times the sum." "What I hate about it, is the want of courage and the lack of faith in the rist of us," said Corrigan. "Why did he not come loike a mon and say, 'Boys, I have lost a trifle of your money in the malstroom of stocks; be patient and I will work out?'" "It is a pitiable business," said Carlin. "The money--that is the loss of it--does not hurt at all. But it was Miller who proposed the forming of this Club, and he is the one who first betrays us, and then lacks the sand to tell us about it frankly. But no matter. Jesus Christ failed to secure twelve men who were all true. What do you think of it, Brewster?"