"Very well, then. Now the Siowitha is largely composed of very rich men—among them Bradley Harmon, Jack Ruthven, George Fane, Sanxon Orchil, the Hon. Delmour-Carnes—that crowd—rich and stingy. That's why they are contented with a yearly agreement with the farmers instead of buying the four thousand acres. Why put a lot of good money out of commission when they can draw interest on it and toss an insignificant fraction of that interest as a sop to the farmers? Do you see? That's your millionaire method—and it's what makes 'em in the first place."
He drew a large fancy handkerchief from his pistol-pocket and wiped the beads from the bridge of his limber nose. But they reappeared again.
"Now," he said, "I am satisfied that, working very carefully, we can secure options on every acre of the four thousand. There is money in it either way and any way we work it; we get it coming and going. First of all, if the Siowitha people find that they really cannot get on without controlling these acres—why"—and he snickered so that his nose curved into a thin, ruddy beak—"why, Captain, I suppose we could let them have the land. Eh? Oh, yes—if they must have it!"
Selwyn frowned slightly.
"But the point is," continued Neergard, "that it borders the railroad on the north; and where the land is not wavy it's flat as a pancake, and"—he sank his husky voice—"it's fairly riddled with water. I paid a thousand dollars for six tests."
"Water!" repeated Selwyn wonderingly; "why, it's dry as a desert!"
"Underground water!—only about forty feet on the average. Why, man, I can hit a well flowing three thousand gallons almost anywhere. It's a gold mine. I don't care what you do with the acreage—split it up into lots and advertise, or club the Siowitha people into submission—it's all the same; it's a gold mine—to be swiped and developed. Now there remains the title searching and the damnable job of financing it—because we've got to move cautiously, and knock softly at the doors of the money vaults, or we'll be waking up some Wall Street relatives or secret business associates of the yellow crowd; and if anybody bawls for help we'll be up in the air next New Year's, and still hiking skyward."
He stood up, gathering together the mail matter which his secretary had already opened for his attention. "There's plenty of time yet; their leases were renewed the first of this year, and they'll run the year out. But it's something to think about. Will you talk to Gerald, or shall I?"
"You," said Selwyn. "I'll think the matter over and give you my opinion. May I speak to my brother-in-law about it?"
Neergard turned in his tracks and looked almost at him.