"Begobs! Ye don't know this wan Irish divil, Ned?" screamed Murphy. "I wull be afthurr pluggin' the lights uv me frind McClure."

At the words he stepped toward McClure, followed by the others. But he was intercepted by a swift motion of Pullar.

"No, Easy!" cried the young boss firmly. "Stick with me, lad. This is my powwow. We are about to smoke the pipe of peace."

For a fleeting instant he caught the Irishman's eye. The flash of intelligence that passed between them checked the belligerent passion in Murphy's wild heart. With a significant and rueful nod the thresher agreed to Pullar's wish.

"Ah, Ned, darlint!" said he affectionately, taking in the room at a sweeping glance. "For why have ye bin mussin' up Rob's bowld byes? 'Tis a cyclone blower ye are, me hearty. Go ahead wid the show. The Valley Gang's occupyin' the front sates."

With a very bad grace the Valley Outfit followed their spokesman's lead. The eyes of the two gangs turned to Ned.

Aside from the gash along his cheek he was unhurt. Walking in among McClure's men he picked up his pipe. Repacking the tobacco carefully he lit up. Throwing a series of blue circles to the ceiling he indulged in a moment's reminiscence. Finally he spoke, addressing Easy Murphy in his usual quiet tone.

"A few minutes ago," said he, "Rob McClure was eating his head off over a certain little proposition when—we had a slight interruption. In fact, I was anxious to get home to the milking. I have changed my mind. Rob's proposal will interest you. He wants to stack his huskies up against the Valley Gang on a thirty-day run. He contends laying down a trifle of five hundred dollars that he can lick my gang——"

Here arose a sudden commotion, savage threats and a sinister movement of the Valley Gang. Ned waved his men back with a laugh.

"Just a minute, lads," said he. "Let me have my say. McClure pretends that he can lick the Valley Outfit in a thirty day out-put. Strange as it may seem I cannot agree with him. If he will make a real bet, make it cash and approve Jack Butte as holder of stakes, we'll be able to start something right off the bat."