"That's right," agreed Mr. Gibney. "I suppose the swab that owned the horse starved him until the poor animal figgered that all's grass that's green. As the feller says, 'Truth is sometimes stranger than fiction.' If you throw in a saddle and bridle cheap, I might be induced to invest in one of your old horses, shipmate."

The auctioneer glanced quickly at Mr. Gibney, but noticing that worthy's face free from guile, he burst out laughing.

"My sea-faring friend," he said presently, "when we use the term 'old horse,' we use it figuratively. See all this freight stored here? Well, that's old horses. It's freight from the S.P. railroad that's never been called for by the consignees, and after it's in the warehouse a year and isn't called for, we have an old horse sale and auction it off to the highest bidder. Savey?"

Mr. Gibney took refuge in a lie. "Of course I do. I was just kiddin' you, my hearty." (Here Mr. Gibney's glance rested on two long heavy sugar-pine boxes, or shipping cases. Their joints at all four corners were cunningly dove-tailed and wire-strapped.) "I was a bit interested in them two boxes, an' seein' as this is a free country, I thought I'd just step in an' make a bid on them," and with the words, Mr. Gibney walked over and busied himself in an inspection of the two crates in question.

The fact of the matter was that so embarrassed was Mr. Gibney at the exposition of his ignorance that he desired to hide the confusion evident in his sun-tanned face. So he stooped over the crates and pretended to be exceedingly interested in them, hauling and pushing them about and reading the address of the consignee who had failed to call for his goods. The crates were both consigned to the Gin Seng Company, 714 Dupont Street, San Francisco. There were several Chinese characters scrawled on the top of each crate, together with the words, in English: "Oriental Goods."

As he ceased from his fake inspection of the two boxes, the King of the Forty Thieves approached and surveyed the sailor with an even greater amount of distrust and suspicion than ever. Mr. Gibney was annoyed. He disliked being stared at, so he said:

"Hello, Blumenthal, my bully boy. What's aggravatin' you?"

Blumenthal (since Mr. Gibney, in the sheer riot of his imagination elected to christen him Blumenthal, the name will probably suit him as well as any other) came close to Mr. Gibney and drew him aside. In a hoarse whisper he desired to know if Mr. Gibney attended the auction with the expectation of bidding on any of the packages offered for sale. Seeking to justify his presence, Mr. Gibney advised that it was his intention to bid in everything in sight; whereupon Blumenthal proceeded to explain to Mr. Gibney how impossible it would be for him, arrayed against the Forty Thieves, to buy any article at a reasonable price. Further: Blumenthal desired to inform Mr. Gibney that his (Mr. Gibney's) efforts to buy in the "old horses" would merely result in his running the prices up, for no beneficent purpose, since it was ever the practice of the Forty Thieves to permit no man to outbid them. Perhaps Mr. Gibney would be satisfied with a fair day's profit without troubling himself to hamper the Forty Thieves and interfere with their combination, and with the words, the king surreptitiously slipped Mr. Gibney a fifty-dollar greenback.

Mr. Gibney's great fist closed over the treasure, he having first, by a coy glance, satisfied himself that it was really fifty dollars. He shook hands with the king. He said:

"Blumenthal, you're a smart man. I am quite content with this fifty to keep off your course and give you a wide berth to starboard. I'm sensible enough to know when I'm licked, an' a fight without profit ain't in my line. I didn't make my money that way, Blumenthal. I'll cast off my lines and haul away from the dock," and suiting the action to the figure, Mr. Gibney departed.