"You're choking me," Gleeson whined. "I can't breathe, and you're breaking my head. I never did——"

"What was your game?" Peters interrupted to ask.

"I told you. I never meant to harm you. It was a fair deal. The claim was to be sold between ourselves, and then the big find was to be made and the claim sold again, only to some one else, and then——well, that's all. There's nothing wrong in that. It's done every day in mining. It's the only thing that pays in mining. Grubbing for nuggets is no good. Not one in ten thousand makes anything out of that; any fool can make a pile out of the other, if he only does it properly. I know the ropes. I'll put you all into a good thing later on, you see; something with more money in it than you'll make in a lifetime at grubbing after nuggets. You trust me. I'm square. I don't want to harm you. We're all mates, and——"

"Who were standing in over this swindle with you?" Peters asked.

"It wasn't a swindle. It was a fair speculation—a good open deal, and it would have made the fortune of every one who had the savee to see through it. Where's the swindle to sell what others want to buy and at their own valuation? We don't ask them to buy. We don't put up the price. We only tell people what a good thing we've got, and let it get known that so much gold has been found on our claim. If they come in and offer us big sums for our chance, and we take the offer, where's the swindle?"

Palmer Billy, moved to intense indignation, dropped the pick he was holding, and walked away for ten yards, swinging round and coming back with an angry stride.

"Swear, you slippery-tongued shark, you; swear by all the bones in your body that if you——"

The oath, whatever it might have been, was never completed nor administered, for his emotions becoming too much for him to hold in check, Palmer Billy sprang upon Gleeson, and gave vent to his feelings in a manner which was more satisfying to him than a mere oratorical outburst. Had he been allowed to complete his intention, the future career of Gleeson would not have been connected with mining swindles. For a time Peters and Tony, neither being predisposed in favour of Gleeson, stood by watching the chastisement Palmer Billy meted out, undisturbed by the cries for mercy and the yells of pain which the resounding blows of the raging digger called forth from his victim. It was only when both cries and yells ceased, and Gleeson lay senseless and inert, that they interfered.

"You're only wasting it," Peters said quietly, as he took hold of Palmer Billy's arm. "He can't feel it now."

Tony caught the other arm in time to prevent it delivering a blow at the man who had interrupted Palmer Billy's pleasant entertainment of thrashing one of a tribe who had so often lured him to destruction.