"Well, as I say, one corner of the Escalante reaches over the Hophras and out into the park, covering about eight or ten square miles of the territory just beyond us on our side of the river. Starbuck told me yesterday that a big Eastern colonization company had got a bill through Congress alienating that tract."

The chief of construction bounded out of his chair and began to walk the floor. "By George!" he said; and again: "By George! That's what we're up against, Colonel! Where will those fellows get the water for their land? There is no site for a dam lower down than ours, and, anyway, that land lies too high to be watered by anything but a high-line ditch!"

"Nice little brace game, isn't it?" growled Baldwin. "If we hadn't been a lot of hayseed amateurs, we might have found out long ago that some one was running in a cold deck on us. What's your notion? Are we done up, world without end?"

Williams's laugh was grim.

"What we need, Colonel, is to go out on the street and yell for a doctor," he said. "It's beginning to look as if we had acquired a pretty bad case of malignant strangle-itis."

Baldwin ran his fingers through his hair and admitted that he had lost his sense of humor.

"It's hell, Williams," he said soberly. "You know how recklessly I've waded into this thing—how recklessly we've all gone into it for that matter. I'll come down like a man and admit that it has climbed up the ladder to a place where I can't reach it. This Eastern crowd is trying to freeze us out, to get our dam and reservoir and ditch rights for their Escalante scheme. When they do, they'll turn around and sell us water—at fifty dollars an inch, or something like that!"

"What breaks my heart is that we haven't been able to surround the sure-enough fact while there was still time to do something," lamented the ex-reclamation man. "The Lord knows it's been plain enough, with Stanton right here on the ground, and probably every one of the interferences traceable directly to him. He has begun to close in on us; his purchase of the Gardner and Bolling stockholdings is the beginning of the end. You know as well as I do, Colonel, what a contagious disease 'the yellows' is. Others will get it, and the first thing we know, Stanton will own a majority of the stock and be voting us all out of a job. You'll have to come around to my suggestion, after all, and advertise for a doctor." It was said of the chief of construction that he would have joked on his death-bed, and, as a follower for the joke, he added: "Why don't you call Smith in and give him the job?"

"Smith be damned," growled the colonel, who, as we have seen, had become completely color-blind on the sense-of-humor side.

"I wouldn't put it beyond him to develop into the young Napoleon of finance that we seem to be needing just now," Williams went on, carrying the jest to its legitimate conclusion.