Ned believed that a full disclosure of the facts in the case would send warships to Asuncion. He believed that an international complication might breed open war unless he succeeded in getting Lyman away without open conflict with the authorities of the little republic. But how?

Well, the State Department at Washington had trusted him, and he would do his best. The thing to do at that time, it appeared to him, was to await the action of the newcomers. They might be officers of Paraguay, with authority to make arrests in Peru, and they might be only four-flushers. He must temporize until he found out what they proposed to do in the matter.

And, then, he reasoned, if they had Lyman, he had Collins! That was not so bad! Perhaps an exchange of prisoners might be made! This did not seem very likely, but still there was hope. Collins, for all he knew, might be the man who expected to profit by the robbery of the American cattleman.

"So Mr. Lyman is there with you?" Ned called back. "Send him over here. I want to talk with him."

A harsh laugh was the only answer to this.

"You may as well come to terms with me," Collins exclaimed. "You have no chance of winning now. I like your nerve, but you're butting into too strong a game for a lad of your years."

"I shall have to take chances," Ned replied. "What will those men do with Lyman?"

"I don't know!"

"I know!" Jimmie cried. "They'll kill him!"

"I don't think they'll do that," Collins remarked, with a wicked sneer, "but it would clear the atmosphere if he should fall down a mountain!"