There had been a night when it was Spurling's turn to keep guard, and he had slept. Granger had wakened with a nervous sense of peril. Through the open door of the hut he had seen the silver of the moonlight in the tree-tops across the river and had seen the outline of his companion stretched along the ground. As he watched, he had seen a shadow fall across the threshold, followed by a head. It was grey in colour, the ears were laid back, and the fangs were bared as if with hunger. But it was the eyes which had absorbed his attention. They were angry and reproachful; he had seen them before—they were the eyes of a man whose soul is dead. They recalled to him that night when Beorn had declared himself. That he recognised them, as he admitted to himself when daylight was come, may have been only fancy; but the impression which he had while he gazed on them was very real. Moreover, he saw distinctly the scar of the wound which Spurling had inflicted in his fight at the cache. Then the head had been withdrawn, and the hut had been darkened by a huge form which stood across the doorway. He had heard Spurling turn over on his side, rouse up and cry out.

The form had crouched and sprung, and the light shone in again. There was a sound of scuffling outside, followed by a thud. Leaping to his feet, dazed and bewildered, he had run out in time to see a timber-wolf of monstrous size, with Spurling's arm in its mouth, dragging him away into the forest. Careless of his own safety, he had gone after the animal, belabouring its head with the stock of his rifle, for he was afraid to shoot, lest he should wound his companion. It had dropped its prey and fled, bounding off into the dusk between the tree-trunks, leaving Spurling a little mauled but not much injured. This experience had served to prove to them that, however much they hated, they were still indispensable to each other's safety, and must hold together.

Granger, for his own peace of mind, had sought to find an explanation for this happening. If the beast was indeed Beorn's soul, then why was it exiled there, on the Forbidden River? Had Beorn killed the miners, in his underground fights on the Comstock, not out of righteous indignation, as he had stated, but only for the pleasure of destroying life and out of envious, disappointed avarice? Had he mocked God consciously in making Him responsible for those crimes, and in attributing to Him their inspiration? If these things were so, then this might have been his fitting punishment, that, when by his own wickedness he had made himself an outcast from the company of mankind, and had been compelled to banish himself, for the sake of his own preservation, to a land where nothing was of much value, money least of all, there he had discovered the gold in the profitless search of which he had made himself vile. The power over gladness, which it would have represented to another man, had been of no use to him now, for he had not dared to take it out of the district to where it would acquire its artificial worth; yet he had not dared to remain on the Forbidden River: for there was no food there. So his body and soul had parted company; his body going south to God's Voice, while his soul stayed near to the thing after which it had lusted, for which it had exchanged its happiness, to guard it, that it might not become the possession of a freer man and bring him the gladness which to a murderer is denied.

This had seemed to Granger to be the only explanation which fitted in with all the facts. In accepting it, he had found room for the suspicion that he also had laid waste his life not for the sake of romance, not for his dream's sake, but for the sake of greed alone. Having made gold his hope, having said to the fine gold, "Thou art my confidence," he had committed an iniquity to be punished by the judge.

Had he suffered all that punishment as yet, or was there worse to follow? Would the worst that he could expect be death? Once, when he was poor, he had only feared life; but now, with his treasure beneath his feet, with the canoe gliding southward on the journey out, there was added this new terror—the fear of death. He desired most passionately to live now.

Darkness had fallen and the air was growing colder. Presently, flake by flake, the first snow of winter drifted down. The two men said nothing, but they paddled faster, for the chill struck into their chests through their shirts, making them repent the folly which had led them to abandon their clothing that more gold might be carried. Every now and again, Spurling broke out into a fit of coughing and, as he shivered, the canoe trembled. As for Granger his hands were heavy, his arms ached, and his fingers were numb; he dimly wondered at his own perseverance that he still continued to ply his paddle. As the cold spread through him, his senses took to sleeping. He was aroused by a sudden jerk and a shout from Spurling, "Curse you. Back water. Turn her head out into the river."

Looking up, he saw that they had struck the bank and come near capsizing. And he saw more than that; scarcely two yards away a pair of glowing eyes shone out at him.

"For the sake of God, make haste," cried Spurling; "the brute's about to pounce."

With a twist of the paddle he swung the canoe's head round, and with the help of Spurling drove her out. They were none too early, for, just behind them, where a moment since the canoe had been hanging, they heard a splash.

For the rest of the night they kept watch over themselves lest they slept. Till the dawn broke, whenever they turned their eyes toward the bank, they could discern the grey streak of the timber-wolf, dodging in and out between the tree-trunks, keeping pace with them. So long as they were on the Forbidden River they journeyed both day and night, allowing themselves scant time for rest. If they had been eager to get there, they were still more anxious to get away. When in the middle of the third night they swung out into the Last Chance, they stopped and looked back. The moon was shining; sitting squarely on its haunches they could see the timber-wolf, which had run out on the spit of land to the water's edge, gazing after them malignantly.