Within something less than thirty days he must take up a note which Pony Lee held for a thousand dollars; Pony would want the money and had said as much when he had advanced it. Then there were the calves, due within the week, from French Valley; Tony Vaca was rushing them, was selling at a very low figure and would want his money on the nail. Well, he must have it. That was another seven hundred dollars. There was another note held by Engle, down in San Juan. The banker might extend it; he might not. It was for fifteen hundred dollars, and would fall due within sixty days. On top of this were the running expenses: the ranch was working full-handed, the men would want their wages a week from Saturday: this was Tuesday. He turned to their accounts; three or four of them had not drawn down last month. They would all want their money when next pay-day came. He estimated the amount. In the neighbourhood of seven hundred dollars. He totalled all of these forthcoming payments. The aggregate was close to four thousand dollars. And his cheque-book, balanced to date, indicated that he had overdrawn to make the payment to Carr. He could have paid the ten thousand and have had something over two thousand in cold cash to run on; now he had not enough in the San Juan bank to make his own cheque good. 'If Carr had only been satisfied with the ten thousand,' he muttered. 'Or if he had given me warning ahead that he wanted the extra twenty-five hundred. Now what?' None of these issues were clouded, and in due time he decided upon all points. He gave up all thought of bed, made himself a pot of coffee and sat up all night, devoting himself to details. The cheque he had given Carr must be honoured; hence he must ride to-morrow to San Juan to see Engle, the banker. He was only a few hundred dollars short there and Engle would help him to balance the account. The fifteen hundred he owed the bank on his personal note could no doubt be extended if necessary. There remained the money for the calves, the thousand due Pony Lee and another thousand to pay his men and for such necessities as would arise. All of this he would talk over with Engle. It might be that the bank would take a mortgage on his equity in Desert Valley and advance a considerable sum on it. But he must not forget that the present crisis was not all to be considered. Another year would bring the time of another payment to Carr. In the meantime the ranch must be operated, it must be made to pay. He had already planned on asking extensions from Engle; but it did not enter his thought now to ask John Carr to wait.