"You see, here is a sure thing," continued the oleaginous personage. "Banks' column will be twenty thousand strong. Steele's will be ten thousand. There are thirty thousand, without counting Porter's fleet. The Confederates can't raise twenty thousand to cover the Red River country, if they go to hell. Besides, there is an understanding. Tit for tat, you know. Cotton for cash. You see I am as well posted on the matter as you are, Colonel."
Here he paused, wheezed, nodded, smiled and bored his corkscrew eyes into Carter. The latter uttered not a word and gave no sign of either acquiescence or denial.
"You see the cotton is sure to come," continued the stout man, withdrawing his ocular corkscrew for a moment. "Now what I propose is, that you put in the capital, or the greater part of it, and that I do the work and give you the lion's share of the profits. I can't furnish the capital, and you can. You can't do the work, and I can. Or suppose I guarantee you a certain sum on each bale, Colonel, for a hundred thousand dollars, I promise you a square profit of two hundred thousand."
"Mr. Walker, if it is sure to pay so well, why don't you go in alone?" asked Carter.
Mr. Walker pointed at his coarse grey trousers and then took hold of the frayed edge of his coarse grey coat.
"See here, Colonel," said he. "The man who wears this cloth hasn't a hundred thousand dollars handy. When I knew you in old times I used to go in my broadcloth. I hope to do it again—not that I care for it. That's one reason I don't go in alone—a short bank balance. Another is that I haven't the influence at headquarters that you have. I need your name as well as your money to put the business through quick and sure. That's why I offer you four fifths of the profits. Colonel, it's a certain thing and a good thing. I am positively astonished at finding any hesitation in a man in your pecuniary condition."
"What do you know about my condition?" demanded Carter imperiously.
"Well, it's my interest to know," replied Walker, whose cunning fat smile did not quail before the Colonel's leonine roar and toss of mane. "I have bought up a lot of your debts and notes. I got them for an average of sixty, Colonel."
"You paid devilish dear, and made a bad investment," said Carter, "I wouldn't have given thirty."
A bitter smile twisted his lips as he thought how poor he was, how bad his credit was, and how mean it was to be poor and discredited.