"And, are these notes negotiable security? Will your shop-keepers accept them in lieu of coin?"

"At proper discounts--yes," said Bartlett, flushing.

"I have heard," the other remarked almost musingly, "that they are redeemable at from fifteen to twenty per cent. And that the only man who accepts them at even half of their face value is McTurpin the gambler."

"That is not my business," Bartlett answered brusquely. The quintet rode on, absorbed and silent. Below them swept green reaches of ranch land, dotted here and there with cattle and horses or the picturesque haciendas of old Spanish families. The camino stretched white and broad before them, winding through rolling hillocks, shaded sometimes by huge overhanging trees.

"Isn't this Francisco Sanchez, whom we go to visit, a soldier, a former commandante of your town, alcalde?" asked a rider.

"Yes, the same one who ran away when Montgomery came." Bartlett laughed. "It was several days before he dared come out of the brush to take a look at the 'gringo invader.'"

"I met him at the reception to Commodore Stockton," said the man who rode beside Bartlett. "He didn't impress me as a timid chap, exactly. Something of a fire-eater, I'd have said."

"Oh, they're all fire-eaters--on the surface," Bartlett's tone was disdainful. "But you may all judge for yourselves in a moment. For, if I'm not mistaken, he's coming up the road to meet us."

"By jove, he sits his horse like a king," said Bartlett's companion, admiringly. "Who are those chaps with him? Looks like a sort of--reception committee."

"They are Guerrero and Vasquez and--oh, yes, young Benito Windham," Bartlett answered. He spurred his horse and the others followed; there was something about the half careless formation of the four riders ahead which vaguely troubled the alcalde.