But it soon became evident that Merker's reveries did not mean vacancy of mind. At such times the Placid One figured on his stock. When he put in a list of goods required, there was little guess-work as to the quantities needed. Furthermore, he had other schemes. One evening he presented himself to Welton with a proposition. His waving brown hair was slicked back from his square, placid brow, his wide, cowlike eyes shone with the glow of the common or domestic fire, his brown beard was neat, and his holiday clothes were clean. At Welton's invitation he sat, but bolt upright at the edge of a chair. "After due investigation and deliberation," he stated, "I have come to the independent conclusion that we are overlooking a means of revenue." "As what?" asked Welton, amused by the man's deadly seriousness. "Hogs," stated Merker. He went on deliberately to explain the waste in camp garbage, the price of young pigs, the cost of their transportation, the average selling price of pork, the rate of weight increase per month, and the number possible to maintain. He further showed that, turned at large, they would require no care. Amused still at the man's earnestness, Welton tried to trip him up with questions. Merker had foreseen every contingency. "I'll turn it over to you. Draw the necessary money from the store account," Welton told him finally. Merker bowed solemnly and went out. In two weeks pigs appeared. They became a feature of the landscape, and those who experimented with gardens indulged in profanity, clubs and hog-proof fences. Returning home after dark, the wayfarer was apt to be startled to the edge of flight by the grunting upheaval of what had seemed a black shadow under the moon. Bob in especial acquired concentrated practice in horsemanship for the simple reason that his animal refused to dismiss his first hypothesis of bears. Nevertheless, at the end of the season Merker gravely presented a duly made out balance to the credit of hogs. Encouraged by the success of this venture, he next attempted chickens. But even his vacant-eyed figuring had neglected to take into consideration the abundance of such predatory beasts and birds as wildcats, coyotes, raccoons, owls and the swift hawks of the falcon family. "I had thought," he reported to the secretly amused Welton, "that even in feeding the finer sorts of garbage to hogs there might be an economic waste; hogs fatten well enough on the coarser grades, and chickens will eat the finer. In that I fell into error. The percentage of loss from noxious varmints more than equals the difference in the cost of eggs. I further find that the margin of profits on chickens is not large enough to warrant expenditures for traps, dogs and men sufficient for protection." "And how does the enterprise stand now?" asked Welton. "We are behind." "H'm. And what would you advise by way of retrenchment?"