"Look! From the book of the hotel it is better you should erase the name of Grace Conroy, and put down your own!"

"And why, Victor?"

"She asks why," said Victor, appealing to the ceiling. "My God! Because one hundred miles from here live the brother and sister of Grace Conroy. I have seen him!"

"Well."

"Well," echoed Victor. "Is it well? Listen. You shall hear if it is well."

He drew his chair beside her, and went on in a low, earnest voice—

"I have at last located the mine. I followed the deseno—the description of the spot, and all its surroundings—which was in the paper that I—I—found. Good! It is true!—ah, you begin to be interested!—it is true, all true of the locality. See! Of the spot I do not know. Of the mine it has not yet been discovered!

"It is called 'One Horse Gulch;' why—who knows? It is a rich mining camp. All around are valuable claims; but the mine on the top of the little hill is unknown, unclaimed! For why? You understand, it promises not as much as the other claims on the surface. It is the same—all as described here."

He took from his pocket an envelope, and drew out a folded paper (the papers given to Grace Conroy by Dr. Devarges), and pointed to the map.

"The description here leads me to the head waters of the American River. I followed the range of foot-hills, for I know every foot, every step, and I came one day last week to 'One Horse Gulch.' See, it is the gulch described here—all the same."