A sheepish look crossed McGlory’s face as he met the colonel’s inquiring eye.

“I’m in line with my pard,” said he.

“Astounding!” gasped the colonel. “Both habits are reprehensible—exceedingly so. I honor you highly, my lads, but—ahem!—your shining example is one by which I may not profit.” He turned to the mining engineer. “The fire-water is before us, Levitt,” said he; “charge!”

Two hands gripped the glasses simultaneously, and a gurgling followed. The colonel dried his lips elaborately with a large yellow handkerchief.

“The day, Joseph,” he resumed, “is not far distant when you can own a private yacht, a racing stable, an imported car, and a lordly mansion. I have come personally to New York to drive the business through and clinch it. To-night we show the moneyed interests what we’ve got up our wide and flowing sleeves. Half a million in coin, my son, will rise to the bait like a speckled trout to the alluring fly. But be seated, be seated; let’s all be seated.”

Matt took a chair by an open window, and McGlory dropped into another at a little distance.

“The telegram I received, colonel,” observed the cowboy, “was signed ‘Joshua Griggs.’”

“Even so, my dear youth,” smiled the colonel, lowering himself into a chair and lifting his feet to the top of the table. “Mr. Griggs lives in Hempstead. I am enjoying his hospitality, and he has put me up at this most delightful club. I arrived yesterday afternoon, and I yearned to clasp your honest palm before we met in Liberty Street to-night. Incidentally, I will relieve you of further responsibility in the matter of the bullion. Being somewhat fatigued after my long and arduous railroad journey, the Syndicate meeting was put off. To-night, however, we shall be there; and to-night, my son, we put our fortunes to the touch.”

The colonel was altogether too loquacious to suit Matt—too fluent and insincere. That he was entirely capable of engineering a huge swindle Matt felt sure. And Matt regretted to note that the colonel exerted a powerful influence over McGlory.

“Is this deal for the ‘Pauper’s Dream’ on the level, colonel?” inquired the cowboy.