"How so?"

"When I met the Count de Lhorailles for the last time in the desert, I was returning with Belhumeur and an Indian chief from visiting a placer of incalculable value which that Indian had discovered, and the ownership of which he gave to Belhumeur, who, in his turn, handed it over to me. On my return, I proceeded to Mexico, where I entered into negotiations with several notable persons; among others, the French chargé d'affaires. You of course know how slow everything is to succeed in this unhappy country. Still, owing to the rich samples I had the precaution to bring with me, and, above all, the powerful protection of certain persons, I succeeded in founding a company, of which I was appointed chief, with the right of levying a French company, armed and disciplined, in order to take possession of the placer, and work it on behalf of the company."

"What then?"

"Well, I returned to San Francisco, and made a few arrangements; but I needed two things—first, patience, and next, money to enlist my men and purchase the necessary stores; and—shall I confess it to you?—what I most needed was the desire to succeed. But you, Valentine, have caused that desire to spring up in me; your presence has restored all my energy, and though I know not how I shall remove all the obstacles that oppose the execution of my plan, I shall do so, I swear it to you."

"What were you doing in Sonora, then?"

"I can hardly explain it to you. My speculation in cattle was more a flight than anything else. I was disgusted with everything, and tried to make an end of it, no matter how."

"Now it is my turn. Tomorrow, at sunrise, you will start. You will proceed at full speed to San Francisco. Your excursion in Sonora was only an exploring tour. You will employ any pretext you like, in a word, and set to work earnestly forming your company. During that time I will sell your herd, and arrange so as to procure you the funds you require. Trouble yourself about nothing, but push ahead boldly."

"But how will you manage it? The sum I need is large."

"That does not concern you: let me arrange matters in my way; At the appointed hour I will furnish you with more than you want, so it is settled. You will start at sunrise?"

"I will do so; but when and where shall I see you again?"