But when she caught sight of his face as he returned she knew it was serious.

“What’s the matter? Is it Mr. Eaton? Is he very ill?” she cried.

His face was set like broken ice refrozen. “Yes, it’s Eaton. They say—but it can’t be true!”

She had never seen him so moved. “What is it, Waring?”

“The boy has sold me out. He is at the courthouse now, undoing my work—the Judas!”

The angry blood swept imperiously into her cheeks. “Don’t waste any more time with me, Waring. Go—go and save yourself from the traitor. Perhaps it is not too late yet.”

He flung her a grateful look. “You’re true blue, Virginia. Come! I’ll leave you at the store as we pass.”

The defection of Eaton bit his chief to the quick. The force of the blow itself was heavy—how heavy he could not tell till he could take stock of the situation. He could see that he would be thrown out of court in the matter of the Consolidated Supply Company receivership, since Eaton’s stock would now be in the hands of the enemy. But what was of more importance was the fact that Eaton’s interest in the Mesa Ore-producing Company now belonged to Harley, who could work any amount of mischief with it as a lever for litigation.

The effect, too, of the man’s desertion upon the morale of the M. O. P. forces must be considered and counteracted, if possible. He fancied he could see his subordinates looking shiftyeyed at each other and wondering who would slip away next.

If it had been anybody but Steve! He would as soon have distrusted his right hand as Steve Eaton. Why, he had made the man, had picked him out when he was a mere clerk, and tied him to himself by a hundred favors. Up on the Snake River he had saved Steve’s life once when he was drowning. The boy had always been as close to him as a brother. That Steve should turn traitor was not conceivable. He knew all his intimate plans, stood second to himself in the company. Oh, it was a numbing blow! Ridgway’s sense of personal loss and outrage almost obliterated for the moment his appreciation of the business loss.