"Quite so," said Carrol; "that's how I look at it."

"There's one man, though," said Farwell, "whom I'd like to see get a fair price. That's McCrae, who owns Talapus Ranch. It's the biggest and best in the country."

"Will he sell now?"

"He might."

"What has he got, and what does he want for it?"

Farwell told him.

"What is it worth, Sleeman?" And at his agent's appraisal, Carrol looked shocked and grieved. "Why, good Lord! Farwell," he said, "he wants almost what his ranch is worth."

"Funny that he should, isn't it?" sneered Farwell, who stood in no awe of Carrol. "Well, and that's what I want him to get."

"Can't do it," said Carrol decisively. "No money in it. Show me how I could make a profit."

"Cut it up into little chunks and sell it to those marks back East," Farwell replied. "I don't have to tell you your business. Make another Sentinel of it if you like."