Farrel took each lady by the arm and with high, mincing steps, simulating the utmost caution in his advance, he led them a little way down the veranda out of hearing of the husband and father.

"It isn't a secret," he whispered, "because a secret is something which one has a strong desire to conceal. However, I do not in the least mind telling you the cause of the O-be-joyful look that has aroused your curiosity. Please lower your heads and incline your best ears toward me… There! I rejoice because I have the shaggy old wolf of Wall Street, more familiarly known as John Parker, beaten at his favorite indoor sport of high and lofty finance. 'Tis sad, but true. The old boy's a gone fawn. Le roi est mort! vive le roi!"

Kay's eyes danced. "Really, Miguel?"

"Not really or actually, Kay, but—er—morally certain."

"Oh!" There was disappointment in her voice. Her mother was looking at Don Mike sharply, shrewdly, but she said nothing, and Farrel had a feeling that his big moment had fallen rather flat.

"How soon will John be called upon to bow his head and take the blow?" Mrs. Parker finally asked. "Much as I sympathize with you, Miguel, I dislike the thought of John hanging in suspense, as it were."

"Oh, I haven't quite made up my mind," he replied. "I could do it within three days, I think, but why rush the execution? Three months hence will be ample time. You see," he confided, "I like you all so well that I plan to delay action for six months or a year, unless, of course, you are anxious for an excuse to leave the ranch sooner. If you really want to go as soon as possible, of course I'll get busy and cook Señor Parker's goose, but———"

"You're incorrigible!" the lady declared. "Procrastinate, by all means. It would be very lonely for you without us, I'm sure."

"Indeed, it would be. That portion of me which is Irish would picture my old hacienda alive at night with ghosts and banshees."

Mrs. Parker was looking at him thoughtfully; seemingly she was not listening. What she really was doing was saying to herself: "What marvelous teeth he has and what an altogether debonair, captivating young rascal he is, to be sure! I cannot understand why he doesn't melt John's business heart. Can it be that under that gay, smiling, lovable surface John sees something he doesn't quite like? I wonder."