"Why?"

"I—I hate to tell you this, but the fact is—I'm going to acquire him."

She shook, her head and smiled at him—the superior smile of one quite conscious of her strength.

"He is to be sold at public auction," she informed him. "And the man who outbids me for that horse will have to mortgage his ranch and borrow money on his Liberty Bonds."

"We shall see that which we shall see," he returned, enigmatically. "Waiter, bring me my check, please."

While the waiter was counting out the change from a twenty-dollar bill, Farrel resumed his conversation with the girl.

"Do you plan to remain in the San Gregorio very long?"

"All summer, I think."

He rose from his chair and bowed to her with an Old-World courtliness.

"Once more I thank you for your kindness to me, señorita," he said. "It is a debt that I shall always remember—and rejoice because I can never repay it. I dare say we shall meet again in the very near future, and when we do, I am going to arrange matters so that I may have the honor of being properly introduced." He pocketed his change. "Until some day in the San Gregorio, then," he finished, "adios!"