Johnny arose and kicked himself solemnly.

“For not guessing what newspapers were good for,” he explained. “Go on! What next? What did you do with the rest of the day?”

Talbot leaned forward, and all the animation of the dinner table returned to his manner and to his face.

“Boys,” said he earnestly, “this is the most wonderful town that has ever been! There has been nothing like it in the past; and there will never be anything like it again. After I had sold out my papers I went wandering across the Plaza with my hands in my pockets. Next the El Dorado there is a hole in the ground. It isn’t much of a hole, and the edges are all caving in because it is sandy. While I was looking at it two men came along. One was the owner of the hole, and the other said he was a lawyer. The owner 120 offered to rent the hole to the lawyer for two hundred and fifty dollars a month; and the lawyer was inclined to take him up. After they had gone on I paced off the hole, just for fun. It was twelve feet square by about six feet deep! Then I walked on down toward the water front, and talked with all the storekeepers. They do a queer business. All these goods we see around came out here on consignment. The local storekeepers have a greater or lesser share and sell mainly on commission. Since they haven’t any adequate storehouses, and can’t get any put up again, they sell the stuff mainly at auction and get rid of it as quickly as possible. That’s why some things are so cheap they can make pavements of them when a ship happens to come in loaded with one article. I talked with some of them and told them they ought to warehouse a lot of this stuff so as to keep it over until the market steadied. They agreed with that; but pointed out that they were putting up warehouses as fast as they could–which wasn’t very fast–and in the meantime the rains and dust were destroying their goods. It was cheaper to sell at auction.”

“And a heap more exciting,” put in Johnny. “I went to one of them.”

“Well, I wandered down to the shore, and looked out over the bay. It was full of shipping, riding high at anchor. I had an idea. I hired a boat for five dollars, and rowed out to some of the ships. Believe me or not, most of them were empty; not even a watchman aboard! I found some of the captains, however, and talked with each of them. They all told the same story.”

“Crews skipped to the mines, I suppose?” said Yank.

121“Exactly. And they couldn’t get any more. So I offered to hire a few of them.”

“The captains?” I inquired.

“No; the ships.”