"I wouldn't 'a' done it to them boys," he said, as he surveyed a deposit of upward of seven thousand dollars, his profit on the transaction, "if it hadn't 'a' been they organized to cheat me out of my river. I calc'late in the circumstances, though, I'm most entitled to what I kin salvage out of the wreck."

Now the Coldriver Dam and Boom Company, Scattergood Baines president and manager, was ready for business, which was to take the logs of Messrs. Crane and Keith and drive them down the river at the rate of sixty cents per thousand feet. It was ready and eager, and so expressed itself in quaintly worded communications from Baines to those gentlemen. But no logs appeared to be driven.

"Jest like I said," Scattergood told himself, and, the day being hot and the road dusty, he removed his shoes and rested his sweltering bulk in the shade to consider it.

"It's a nice river," he said, audibly. "I hate to git done out of it."

After long delays Crane and Keith made pretense of building camps and starting to log. But one difficulty after another descended on their operations. In the spring, when each of them should have had several millions of feet of spruce ready to roll into the water, not a log was on rollways. Not a man was in the camps, for, owing to reasons not to be comprehended by the public, the woodsmen of both operators had struck simultaneously and left the woods.

Presently the first interest day arrived, with not even a hope of being able to meet the required payment at a future date. Bondholders—dummies, just as Scattergood's contractor was a dummy—met. Their deliberations were brief. Foreclose with all promptitude was their word, and foreclose they did. With the result that legal notices were published to the effect that on the sixteenth day of June the dam, booms, cribbing, improvements, charter, contracts, and property of whatsoever nature belonging to the Coldriver Dam and Boom Company were to be sold at public auction on the steps of the county courthouse. Scattergood had lost his river....

"Terms of the sale are cash with the bid," said Crane to Keith. "I saw to that."

"Good. Wasn't necessary, I guess. There hasn't been even a wriggle out of Baines."

"Won't be. We'll have to send somebody up to bid it in. It's just taking money out of one pocket to put it into the other, but we've got to go through the motions."

"Anyhow, let's get credit for grabbing a bargain," said Keith. "Bid her in cheap. No use taking a big wad of money out of circulation even for a few days."