Welton grinned back, a trifle ruefully.

"You can no more retire than I can," Orde went on. "And as for enjoying life, I'll trade jobs with you in a minute, you ungrateful old idiot."

"I know it, Jack," confessed Welton; "but what can I do? I can't pick up any more timber at any price. I tell you, the game is played out. We're old mossbacks; and our job is done."

"I have five hundred million feet of sugar pine in California. What do you say to going in with me to manufacture?"

"The hell you have!" cried Welton, his jaw dropping. "I didn't know that!"

"Neither does anybody else. I bought it twenty years ago, under a corporation name. I was the whole corporation. Called myself the Wolverine Company."

"You own the Wolverine property, do you?"

"Yes; ever hear of it?"

"I know where it is. I've been out there trying to get hold of something, but you have the heart of it."

"Thought you were going to retire," Orde pointed out.