No sooner were they fairly under way for the West than Emerson began the definite shaping of his plans. He and George carefully went over the many details of their coming work and sent many messages, with the result that outfitters in a dozen lines were awaiting them when they arrived in Seattle. Without loss of time Boyd installed himself and his friends at a hotel, secured a competent and close-mouthed stenographer, and then sought out the banker with whom he had made a tentative agreement before going to Chicago. Mr. Hilliard greeted him cordially. "I see you have carried out your part of the programme," said he; "but before we definitely commit ourselves, we should like to know what effect this new trust is going to have on the canning business." "You mean the N. A. P. A.?" "Precisely. Our Chicago correspondent can't tell us any more than we have learned from the press--namely, that a combination has been formed. We are naturally somewhat cautious about financing a competitive plant until we know what policy the trust will pursue." Here was exactly the complication Boyd had feared; therefore, it was with some trepidation that he argued: "The trust is in business for the money, and its very formation ought to be conclusive evidence of your good judgment. However, you have backed so many plants such as mine that you know, as well as I do, the big profits to be taken." "That isn't the point. Ordinarily we would not waver an instant, but the Wayland-Marsh outfit is apt to upset conditions. If we only knew--" "I know!" boldly declared Boyd. "Mr. Wayland outlined his policy to me before the public knew anything about the trust." "Indeed? Are you acquainted with Wayne Wayland?" asked Mr. Hilliard, with a new light of curiosity in his eyes. "I know him well." "Ah! I congratulate you. Perhaps this is--er, Wayland money behind you?" "That I am not at liberty to discuss," the younger man replied, evasively. "However, just to make your loan absolutely sure, I have taken steps to sell my season's output in advance. The commission men will be in town shortly, and I shall contract for the entire catch at a stipulated price. Is that satisfactory?" "Entirely so," declared Mr. Hilliard, heartily. "Go ahead and order your machinery and supplies." As Boyd rose to go, he added, "By the way, what do you know about the mineral possibilities of the region back of Kalvik?" "Not much; the country is new. There is a--woman at Kalvik who has some men out prospecting." "Cherry Malotte?" "Do you know her?" asked Boyd, with astonishment. "Very well, indeed. I have had some correspondence with her quite recently." Then, noting Boyd's evident curiosity, he went on: "You see, I have made a number of mining investments in the North--entirely on my own account," he hastened to explain. "Of course, the bank could not do such a thing. My operations have turned out so well that I keep several men just to follow new strikes." "Has Miss Malotte made a strike?"