Parker turned to his daughter. "Kay," he demanded, "do you love your poor old father?"

"Yes, I do, pa, but you can't have Panchito until you do something for me."

"Up jumped the devil! What do you want?"

"If you accept a favor from Miguel Farrel you ought to be sport enough to grant him one. If you ever expect to see Panchito in your racing colors out in front at the American Derby, Miguel must have a renewal of his mortgage."

"Oh, the devil take that mortgage. You and your mother never give me a moment's peace about it. You make me feel like a criminal; it's getting so I'll have to sit around playing mumbley-peg in order to get a thrill in my old age. You win, Kay. Farrel, I will grant you a renewal of the mortgage. I'm weary of being a Shylock."

"Thanks ever so much. I do not desire it, Mr. Parker. One of these bright days when I get around to it, and provided luck breaks my way, I'll take up that mortgage before the redemption period expires. I have resolved to live my life free from the shadow of an accursed mortgage. Let me see, now. We were talking about horse-racing, were we not?"

"Miguel Farrel, you'd anger a sheep," Parker cried wrathfully, and strode away toward his automobile waiting in the infield. Kay and Don Mike watched him drive straight across the valley to the road and turn in the direction of El Toro.

"Wilder than a March hare," Don Mike commented.

"Not at all," Kay assured him. "He's merely risking his life in his haste to reach El Toro and telegraph Dan Leighton to report immediately."