And when the opening of the flaps in the dressing-tent had disclosed the youths destined to face each other for the supremacy of the wrestling ring, a murmuring sound rolled through the concourse like the echoes of a passing wind.

"It's young Black and Nattie Manning!" cried more than one. "Whew! there will be a warm tussle now."

Over in one corner of the grand stand Grant and Mori sat in amazement. The dénouement was entirely unexpected to them. Not long did they remain silent. Up sprang the lame youth, his kindly face glowing with excitement. Mounting a vacant chair despite his infirmity, he shook a bundle of English notes in the air, and shouted:

"Ten to one on my brother! Ten to one! ten to one! Twenty pounds even that he secures the first two points! Whoop! where are the backers of the other side? I'll make it fifteen to one in five-pound notes. Who will take the bet?"

In the meantime Mori had not been idle. Forcing his way directly to where Mr. Black was sitting with the Germans, he shook a bag of coin in the air, and dared them to place a wager with him. Following his example came half a dozen American friends of the new firm, and presently the grand stand resounded with the cries of eager bettors.

Down in the arena Nattie and Ralph stood confronting one another like tigers in a forest jungle. The former's face was set with determination. He had long wished for just such an opportunity. It had come at last.

Ralph's face wore a peculiar pallor. It was not fear, but rather that of one who felt the courage of desperation. He well knew there was little difference in physical strength between them, but he appeared to lack the stamina of honesty and merit.

Both lads were in the pink of condition, and they formed a picture appealing to the hearts of all lovers of athletics. There was not an ounce of superfluous flesh on either. If anything, Ralph was slightly taller, but Nattie's arms gave promise of greater length and muscle.

Presently the din in the grand stand ceased. Wagers had been given and taken on both sides with great freedom. Grant had collapsed into a chair with his purse empty and his notebook covered with bets. Mori was still seeking takers with great persistency.