“Well, I’m sure pleased you’re satisfied with him. As I said, I was a bit worried at the time, tradin’ with a boy.”

“I’ve quit worrying about Jim getting beat in a trade,” said Mr. Meadows proudly. “He’s quite a businessman. I guess he made at least seventy-five dollars with that horse during the summer.”

Mr. Meadows was still recounting Ticktock’s exploits when Jim returned from school.

“Hi, Mr. Evarts!” he shouted as he came through the gate. “How do you like the looks of my horse?”

“Wonderful. He looks like he’d found horse heaven.”

“Don’t mention that watch,” warned Mr. Meadows as Jim approached. “I’ll surprise him on his birthday. Not very often you can give the same present twice. Probably end up with an elephant this time.”

Ticktock came trotting up to the fence to welcome his master. He stuck his nose over the top wire, begging for some tidbit. Surprisingly enough it was Mr. Meadows who reached in his pocket and produced a sugar cube. He held it in his outstretched palm. Ticktock could see plainly enough that it was sugar, but he hesitated. Mr. Meadows had long since forgotten his old hostility but the mustang remembered. However, he wasn’t the horse to hold a grudge; so he looked inquiringly at Jim. Jim grinned and nodded his head.

Ticktock reached out to take the sugar.