"Pardon me, but I think you're mistaken," Wallie said, politely but positively. "The Academy buys only thoroughbreds."

"If that ain't a bronc, I'll eat it," Pinkey declared, bluntly.

"Can you make out the brand?" asked Miss Spenceley.

Pinkey ruffed the hair again and stepped back and squinted. Then his cracked lips stretched in a grin that threatened to start them bleeding: "'88' is the way I read it."

She nodded: "The brand of Cain."

Then they both laughed immoderately.

Wallie could see no occasion for merriment and it nettled him.

"Nevertheless, I maintain that you are in error," he declared, obstinately.

"I doubt if I could set one of them hen-skin saddles," observed Pinkey, changing the subject.

Wallie replied airily: