“I’ve got the best little mare in the settlement,” he told us, “and don’t you forget it. I’m game to back that little bit of horseflesh for fifty dollars for a mile, twice round the half-mile track, against anything you can produce in these parts. Who’s got anything to say? I’ll run her now, to-morrow, or any time.”

“You ain’t produced the collateral,” put in Sam, quietly.

With that old Dick thrust his hand into his back pocket and drew out quite a wad. Counting out five ten-dollar bills, he put them on the counter.

“Now, Steve, you’re stakeholder,” he said. “Who’s going to cover ’em? It’s put up or shut up.”

Sam got up, and, putting a fifty-dollar bill on top of Dick’s, replied, “I’ll jest take that bet. Hold the stakes, Steve.”

“All right,” said Steve, and pushed the money into his safe.

The boys all looked at Sam, puzzled like, and old Slippery was wondering what it all meant.

“Didn’t know you had a horse, Sam,” he remarked.

“You don’t know everything, Dick,” returned Sam, “but I ain’t surprised, for I only brought him home to-day. Well, let’s settle the time for the match. To-morrow morning at eight o’clock will suit me. I don’t want a crowd to know too much of my horse’s points, so we’ll do it on the quiet.”

The old man agreed to this, and Sam went on: “And now, as I’ve got to see some business, I’ll say good-bye, boys. Say, Steve, a word with you before I go.”