Annabel listened gravely, silently, her face all the paler for the sunlight flashing over it, for the mimic sun on the waves glancing up into her pensive eyes. Somehow, the sunshine, the ripple of the water, seemed to form no part of her life, belonged rather, to Edgerton Compton rowing in solitude against the sky. Those naked trees, bare brown hills and ledges of huge stones seemed her world-boundaries, kin to her, claiming her— But there was California ... and the splendid house to be built....

The Indian was listening now, but as he heard projected details glowingly presented, no change came in his grim deep-lined face. He simply knew it was not to be—let the fool plan! He found himself wondering dully why he no longer hated Gledware with that vindictive fury that gloats over the death-grip, lingers in fiendish leisure over the lifted scalp. He scarcely remembered the wrong done his daughter; it was almost as if he had banished the cause of his revenge; as if vengeance itself had become a simple stroke of destiny. Gledware had chosen his possession, and the Indian was Fate's answer.

"Beautiful one," he heard Gledware say, speaking in an altered tone, "all that is in the future—but see what I have brought you; this is for today. It's yours, dear—let me see it around your neck with the sun full upon it—"

Red Feather turned his head, curiously.

Gledware held outstretched a magnificent diamond necklace which shot forth dazzling rays as it swung from his eager fingers.

Annabel uttered a smothered cry of delight as the iridescence filled her eyes. She looked across the water toward the pagoda-shaped club-house where her mother stood, faintly defined as a speck of white against the green wall-shingles of the piazza. It seemed that it needed this glance to steady her nerves. Edgerton was forgotten. She reached out her hand. And then, perplexed at the necklace being suddenly withdrawn, she looked up. She caught a glimpse of Gledware's face, and her blood turned cold.

That face was frozen in horror. At the turning of the boatman's head, he had instantly recognized under the huge-brimmed hat, the face of his enemy as if brought back from the grave.

There was a moment's tense silence, filled with mystery for her, with indescribable agony for him, with simple waiting for the Indian. Annabel turned to discover the cause of Gledware's terror, but she saw no malice, no threat, in the boatman's eyes.

Gledware ceased breathing, then his form quivered with a sudden inrush of breath as of a man emerging from diving. His eyes rolled in his head as he turned about scanning the shore, glaring at Edgerton's distant boat. Why had he come unarmed? How could he have put faith in Red Kimball's assurances? He tortured his brain for some gleam of hope.

"This is all I have," he shrieked, as if the Indian's foot was already upon his neck. "This is all I have." He flung the necklace into the water. "It was a lie about the California ranch—it's a lie about all my property—I've got nothing, Annabel! I sold the last bit to get you the necklace, but I shouldn't have done that. Now it's gone. I have nothing!"