The young engineer responded promptly with facts and figures, and made much of his proposed stock subscriptions to be paid for in labor and ties, and the farmers present declared it entirely feasible. Most of the merchants were frightened at the amount of cash that would be required for rails, etc., as almost all of it would have to be subscribed by them; but Philip, backed by the consciousness of his own bank deposit in the East, assured them that through some Eastern acquaintances he could get merchants' short notes discounted for a large part of their subscriptions, and that the guaranteed stock could be sold or borrowed on as soon as issued; if the cutting and delivery of ties could begin at once, the road could be completed soon enough to get the autumn and winter produce to market almost as rapidly as it could be brought in.

At this stage of the proceedings the owner of the saw-mill promised to expedite matters by subscribing five hundred dollars' worth of stock, payable in ties at a fair price. The town's last railway excitement, several years before, had caused him to buy in a lot of small timber and saw it into ties, which had been dead stock ever since; he had even tried to sell them for firewood. Doctor Taggess thought so highly of the project that he said he would take a thousand dollars' worth of stock; he had very little ready money, but through family connections in the East he could raise the money by mortgaging his home. The county clerk said he would take five hundred dollars' worth, the hotel-keeper promised to take a similar amount, and the flour miller asked to be "put down" for two hundred and fifty. By this time the merchants lifted up their hearts and pledged enough more to secure the purchase of the metal. It was then resolved that a public meeting should be held within a week, at the court-house, roofless though it still was, and all participators in the private consultation agreed to "boom" the enterprise in the meantime to the best of their ability.

The public meeting was as enthusiastic and successful as could have been desired. Caleb had already secured the right of way, as promised, and a statement of this fact, added to those narrated above and repeated at the meeting, elicited great applause. Truett announced the valuations, estimated after much consultation, of the various kinds of labor to be received in payment of stock; also, the price of ties, and the length, breadth, thickness, and general quality of the ties desired. As the required number of ties was apparently in excess of the producing capacity of the local saw-mill and the farmers tributary to Claybanks, it was resolved that tie subscriptions should be solicited from the part of the county on the other side of the trunk line, and thus expand the blessings of stockholdership. Then a list of conditional subscriptions was opened, and it filled so rapidly, that before the meeting adjourned there appeared to be secured as much labor, money, and ties as would be needed; so a committee was appointed to organize the Claybanks Railway Company according to the laws of the state.

"Is it done—really done?" asked Grace and Mary, like two excitable schoolgirls, when Philip, Caleb, and Truett returned to the store, which was almost full of expectant farmers' wives.

"It is an accomplished fact—on paper," said Philip. "To that extent it is done."

"Your own work, you mean," said Truett. "Mine has merely begun."

"When do you really begin?" asked Mary of her brother.

"To-day—this instant," was the reply, "if I can get a couple of well-grown boys to assist me, while I go over the route with an instrument and a lot of stakes."

Several farmers' wives at once offered the services of their own sons, and went in search of them, while two of the women, more "advanced" than the others, themselves volunteered to carry stakes, chains, etc.,—anything to hurry that blessed railroad into existence. Fortunately the arrival of several boys made the services of these patriotic ladies unnecessary.

"The sooner I am able to avail myself of any labor that may offer, the sooner I shall be ready for some of the ties. Oh, those ties! I wonder how many farmers and their sons I shall have to instruct in hewing!" said Truett.