A fortnight had slipped by since the evening Hawtrey had spent with Sally, when Winifred and Sproatly once more arrived at the Hastings homestead. The girl was looking a trifle jaded, and it appeared that the manager of the elevator, who had all along treated her with a good deal of consideration, had insisted upon her going away for a few days now the pressure of business which had followed the harvest had slackened. Sproatly, as usual, had driven her in from the settlement.

When the evening meal was over they drew their chairs close up about the stove, and Hastings thrust fresh birch billets into it, for there was a bitter frost. Mrs. Hastings installed Winifred in a canvas lounge and wrapped a shawl about her.

"You haven't got warm yet, and you're looking quite worn out," she said. "I suppose Hamilton has still been keeping you at work until late at night?"

"We have been very busy since I was last here," Winifred admitted, and then turned to Hastings. "Until the last week or so there has been no slackening in the rush to sell. Everybody seems to have been throwing wheat on to the market."

Hastings looked thoughtful. "A good many of the smaller men have been doing so, but I think they're foolish. They're only helping to break down prices, and I shouldn't wonder if one or two of the big, long-headed buyers saw their opportunity in the temporary panic. In fact, if I'd a pile of dollars lying in the bank I'm not sure that I wouldn't send along a buying order and operate for a rise."

His wife shook her head at him. "No," she said; "you certainly wouldn't while I had any say in the matter. You're rather a good farmer, but I haven't met one yet who made a successful speculator. Some of our friends have tried it—and you know where it landed them. I expect those broker and mortgage men must lick their lips when a nice fat woolly farmer comes along. It must be quite delightful to shear him."

Hastings laughed. "I should like to point out that most of the farmers in this country are decidedly thin, and have uncommonly little wool on them." Then he turned to the rest. "I feel inclined to tell you how Mrs. Hastings made the expenses of her Paris trip; it's an example of feminine consistency. She went round the neighbourhood and bought all the wheat anybody had left on hand up, or, at least, she made me do it."

His wife, who had, as it happened, means of her own, nodded. "That was different," she said; "anyway, I had the wheat, and I—knew—it would go up."

"Then why shouldn't other folks sell forward, for instance, when they know it will go down? That's not what I suggested doing, but the point's the same."

"They haven't got the wheat."