"Fat Joe has been preaching it for a month." Oddly enough, Stephen O'Mara chose that point at which to laugh, softly. "And I, for a month, have been ridiculing him. That's one of Fat Joe's pet diversions, you know. When all other excitement fails Joe invariably falls back upon an imagination too totally vivid to be wasted on technical things. I laughed at him, until last night. Do you--but of course you know Garry Devereau?" he finished. "Knew his father," Elliott answered succinctly. "Know him well! Good blood--good brains--big hearts! Why?" And then, for the second time that day, Steve related the salient points of that episode which had opened with the trio of owls along the trail and ended with the first gray streaks of returning day. During the recital the expressions which chased across Elliot's face were as varied as they were full of concern. "Then I wasn't merely hysterical, was I?" he brooded after Steve had finished. "Who--who did you say you thought might be behind the man who would have had your plans, had it not been for Mr. Devereau?" "I didn't say," replied Steve, and for the first time since his entrance there was mirth in the unison of their laughter. "It all brings us back to the point from which we started," the younger man went on when they were grave again. "It's a plain enough issue, so far as we are concerned. We've got to be at the mouth of that lower valley by May. We're going to be! And as I see it, wasting time and energy in--shall we call it sleuthing, Mr. Elliott?--won't help us much. We thought that lack of time and the general nature of this country were going to be handicap enough. But now your money is in and I--I never did like to be beaten. Can't we let it stand like that, at least until some one else makes a plainer move? We know the cards we hold. If others care to sit in, perhaps we'll all come to a show-down, next spring at Thirty Mile. It'll be easy enough to explain just how we did it. Alibis based on veiled opposition wouldn't interest the Reserve people much, if we left their timber there to rot. . . . And I'm trying not to overlook any bets, Mr. Elliott." Hastily the iron-gray man thrust his hat back from his forehead. He came to his feet and crossed and clapped one hand upon Steve's shoulder. "Next May!" he barked. "O'Mara, I'm glad you came down this morning. I've been carrying a lot of those ideas around in my head until they had become nightmarish. But I'm through now. You won't hear me croak again. I staked what I had on you, months ago; I'd do it again this minute. What's the odds, after all, who it is that's playing us to lose. It's only the fact that somebody may be fighting us that needs to occupy our attention. I'm done worrying, do you hear? But what about those men who are quitting us? You are sure it would be unwise to import labor? It's cheaper, you know." Steve, too, had risen.