They went out, and a few minutes afterward a furious beat of hoofs and a rattle of wheels rang out across the prairie.

"I hope he will get home without breaking his neck," Carlyon said to Gerald.

"Oh, Markham can take care of himself. But we have something else to think about now."

"That's true," Carlyon agreed with a depressed air. "I took your advice and told that fellow in the Pit to buy wheat; but I wish I'd heard Harding's speech at the council before I made the deal. Now it's clear that I'm dipped pretty deep." He picked up the letters that were scattered among the cards and started as he saw the embossed stamp on one of them. "It's from my broker; I'll soon know the worst."

Gerald, lighting a cigarette, watched the tense expression of the boy's face as he read the letter, and for a few moments nothing was said. Carlyon looked crushed, but Gerald's position was too serious to allow of his sympathizing much. Taking advantage of his friends' love of excitement, he had won a number of small sums at cards, but this was of no account against what he owed. After a moment Carlyon laid a statement of account before him.

"You can see how much I'm out."

"Can't you carry it over?"

"Impossible," Carlyon answered dejectedly. "I didn't actually buy the grain; I've got to find the difference. Besides, what would be the use of holding on, if wheat's still going to drop?"

"It's awkward," Gerald agreed. "You might get some exemption under the Homesteads Act, but this broker could sell you up. Would your people do anything?"

"They won't be asked. Things were not going well with them when I left, and I guess they find it hard enough to keep Dick at college and provide for the girls. They gave me a good start, but it was understood that I'd get nothing more."