Out of the cabin, on his hands and knees, crawled a man. He was evidently badly frost-bitten, for he tried to drag himself upright by the door-post, but failed miserably, falling forward along the ground. As he lay there, he turned toward Granger a face which was expressionless as if it had been covered with a mask of waxen leprosy; it was frozen solid, as were his feet and hands. Granger knew, more by the clothes than the ghastly features, that the man was Spurling.

He seemed now to have given up hope of standing erect, and began to move painfully on all fours across the snow to where a log of rotten wood was lying. Having reached it, he tried to raise it, but there was not the strength in his hands. He tried to fasten his teeth upon it, to drag it back with him; but his jaws seemed paralysed. Then he crept back to the cabin.

Soon he came out again, and, having reached the log, commenced to light it with a match. At first it refused to ignite, but when he had pushed some broken twigs under it, it burst into flame. He bent over it hungrily, drawing so near that Granger expected to see his clothing catch fire.

Then, as he watched, he saw a second figure. It was that of a man, dressed precisely as he himself was dressed, and his back was turned towards him so that he could not discern his face; he carried in his hand an axe. He moved stealthily on snowshoes, dodging from tree to tree, lest he should be discovered by the crouching man. His intention was so evidently evil, that Granger cried out a warning to save Spurling. Murder, when watched in this way, was so brutal that, though he himself had planned to do the deed, his whole moral nature revolted against it now. He cried again, but his warning was not heard. He wished that the man with the axe would turn his head, that he might see his face.

A horrible, grotesque suspicion was growing up within him; he fancied that he knew the man—that he had seen him before in the Klondike, that he was himself. Spurling, quite unaware of his danger, was holding out his hands to the flames; it was not until the man was close behind him that be heard his footsteps and turned his head. His face was frozen; the frost had bound him hand and foot, making him defenceless, so that he could hardly stir; the only means of appeal he had was the expression in his eyes.

Granger thought that he saw that expression—the cornered soul gesticulating, shrieking for mercy from the living eyes in the half-dead face. When the murderer raised his axe, he saw the soul's pitiful cowardice and how it shrank. The axe came crashing down. There was no need to strike twice; he fell limply backward, throwing his arms out wide—and there was an end of El Dorado and of all his dreams of avarice.

The murderer, as if suddenly afraid of his own handiwork, without turning his head, hurried on across the portage through the forest, and was quickly lost to sight.

Scenting the blood, the four gray huskies, one by one, came out from the cabin, where they seemed to have been asleep, and the others followed them. They came slowly over to where their tyrant was lying, and sniffed his body. They did it cautiously, for as yet they had not lost their fear of him; he might awake and belabour them for disturbing his last long rest.

In falling his legs had shot from under him into the fire, scattering the embers, so he lay full length, with the red gash in his forehead, his arms spread out like a cross, and his face, in the inverted image, turned earthwards, gazing down on Granger and the Last Chance River with startled, unseeing eyes.

The mirage began to fade and float cloudwards, drifting up-river above the tree-tops higher and higher, till it vanished in the west.