"I'll tell you," said Warden. "Buckskin Bill, the cattle-thief, was in a tight corner, and he took refuge in Barren Valley. He found the smugglers' cache—and he found something else that the smugglers didn't know of. He found—gold. It's a queer thing, boys, but he'd decided—for private reasons—to give up the cattle-lifting just two days before. The police were hot after him, but they didn't catch him and the smugglers didn't catch him either. He dodged 'em all, and when he left he said to himself, 'I'll be the boss of Barren Valley when I come back.' After that he went West and starved a bit in the Australian desert till the cattle episode had had time to blow over. Then—it's nearly two years ago now—he came back. The first person he ran into was—Fletcher Hill, the policeman."

He paused with that dramatic instinct which was surely part-secret of his fascination. He had caught the full attention of the crowd, and held them spellbound.

In a moment he went on. "That gave him an idea. Hill, of course, was after other game by that time and didn't spot him. Hill was a magistrate and a civil power at Wallacetown. So Bill went to him, knowing he was straight, anyway, and told him about the gold in Barren Valley, explaining, bold as brass, that he couldn't run the show himself for lack of money. Boys, it was a rank speculation, but Hill was a sport. He caught on. He came to Barren Valley, and they tinkered round together, and they found gold. That same night they came upon the smugglers, too—only escaped running into them by a miracle. Hill didn't say much. He's not a talker. But after they got back to Wallacetown he made an offer to Buckskin Bill which struck him as being a very sporting proposition for a policeman. He said, 'If you care to take on Barren Valley and make an honest concern of it, I'll get the grant and do the backing. The labour is there,' he said, 'but it's got to be honest labour or I won't touch it.' It was a sporting offer, boys, and, of course, Bill jumped. And so a contract was drawn up which had to be signed. And 'What's your name?' said Fletcher Hill." Warden suddenly began to laugh. "On my oath, he didn't know what to say, so he just caught at the first honest-sounding name he could think of. 'Fortescue,' he said. Hill didn't ask a single question. 'Then that mine shall be called the Fortescue Gold Mine,' he said. 'And you'll work it and make an honest man's job of it.' It was a pretty big undertaking, but it sort of appealed to Buckskin Bill, and he took it on. The only real bad mistake he made was when he trusted Harley. Except for that, the thing worked—and worked well. The smuggling trade isn't what it was, eh, boys? That's because Fortescue—and Fletcher Hill—are using up the labour for the mine. And you may hate 'em like hell, but you can't get away from the fact that this mine is run fair and decent, and there isn't a man here who doesn't stand a good chance of making his fortune if he plays a straight game. It's been a chance to make good for every one of us, and it's thanks to Fletcher Hill—because he hasn't asked questions—because he's just taken us on trust—and I'm hanged if he doesn't deserve something better than a bullet through his brain, even if he is a magistrate and a policeman and a man of honour. Have you got that, boys? Then chew it over and swallow it! And when you've done that, I'll tell you something more."

"Oh, let's have it all, boss, now you're at it!" broke in Nixon. "We shan't have hysterics now. We're past that stage."

Warden turned with a lightning movement and laid his hand upon the girl beside him. "Gentlemen," he said, "it's Fletcher Hill—and not Buckskin Bill—who's the boss of this valley. And he's a good boss—he's a sportsman—he's a maker of men. And this lady is going to be his wife. You're going to stand by her, boys. You aren't going to make a widow of her before she's married. You aren't going to let a skunk like Harley make skunks of you all. You're sportsmen, too—better sportsmen than that stands for—better sportsmen, maybe, than I am myself. What, boys? It's your turn to speak now."

"Wait a bit!" said Nixon. "You haven't quite finished yet, boss."

"No, that's true." Warden paused an instant, then abruptly went forward a pace and stood alone before the crowd. "I've taken a good many chances in my life," he said. "But now I'm taking the biggest of 'em all. Boys, I'm a damned impostor. I've tricked you all, and it's up to you to stick me against a wall and shoot me as I deserve, if you feel that way. For I'm Buckskin Bill—I'm Fortescue—and I'm several kinds of a fool to think I could ever carry it through. Now you know!"

With defiant recklessness he flung the words. They were more of a challenge than a confession. And having spoken them he moved straight forward with the moonlight on his face till he stood practically among the rough crowd.

They opened out to receive him, almost as if at a word of command. And Buckskin Bill, with his head high and his blue eyes flaming, went straight into them with the gait of a conqueror.

Suddenly, with a passionate gesture, he stopped, flinging up his empty right hand. "Well, boys, well? What's the verdict? I'm in your hands."