“We would like to hear what you have to offer,” Len suggested, addressing Mr. Anderson.

“Well,” the capitalist answered, “I’ve been thinking about it, and am free to say, that I feel disposed to join with you,—buy a share of your mine, organize a new firm, and go in for its thorough development; but before I can say what I am willing to give, I must know more than I do as to the probable cost of certain preparations, such as the drainage of the mine, the availability of timber for inside bracing, etc., the cost of making a wagon road up here, the kind of winter houses which will be needful, and various other things. How would ten thousand dollars strike you as payment for half the mine?”

Sandy’s eyes opened wide. That is a great deal of money to a Scotchman. Lennox looked as though he was just ready to jump at it, but Max calmly raised one foot over his knee and said quietly:

“It doesn’t come within sight of the proper figure.”

Mr. Anderson laughed, and put on his hat for a tramp up the cliff, where, Max had said, it might be possible to head off the water.

A week later all assembled in Mr. Anderson’s office in the Camp to hear his proposition.

“I will give you,” he said, “fifty thousand dollars in cash for one half of the mine, for if I cannot have more than a quarter, it will not pay me to touch it; a new partnership to be made between us four for continuing the work, and the profits to be divided according to the amount which each one contributes under the new arrangement toward putting the mine in a shape to produce and sell ore.”

This proposition was accepted. And while the proper papers were being made out, the three members of the old firm of Brehm, Bushwick & Co. went aside to settle their own affairs preparatory to dissolving the partnership.

“McKinnon,” said Len, as spokesman, “Max and I have been studying what ought to be your share of this money. We think that the circumstances have been so peculiar, that it would not be doing as well by you as we want to, if we stick by the old agreement, and at the same time we felt that you were not quite even with us in the affair. We thought we would split the difference by offering you ten thousand dollars and a chance to come into the new firm for so much as you choose to re-invest. Will that be satisfactory?”

“Parfectly—parfectly, and I thank ye for your leeberality, since I wadna hae blamed ye had ye stuck to the original terms, though, to be sure, they would ’a’ fallen far short o’ what ye are proposin’. But, I ha’ had eno’ o’ the mining business. It’s no what I was cut out for, I’m thinkin’, and wi’ all respect to you, and carryin’ away a life-long gladness, that I ever met ye, I will take my belongings back to auld Scotland and aye stay there.”