"What I said," replied Loudon, staring into the other's sinister black eyes. "I shore do hate to translate my words."

For a long minute the two men gazed steadily at each other. Neither made a move. Blakely's hand hung at his side. Loudon's hand had not yet touched his gun-butt. But Blakely could not know that, for Loudon's crossed knees concealed the position of his hand.

Loudon was giving Blakely an even chance. He knew that Blakely was quick on the draw, but he believed that he himself was quicker. Blakely evidently thought, so too, for suddenly he grunted and turned his back on Loudon.

"What's that?" inquired Blakely, pointing a finger at one end of the rope.

"What—oh, that!" exclaimed Mike. "Sure, that's what a seaman calls whippin'. The holdfast was missin', an' the rope was beginning' to unlay, so I whipped the end of it. 'Twill keep the rope from frayin' out, do yuh mind. An' it's the last rope I have in stock, too."

Loudon, watching Blakely's hands, saw that what Mike Flynn called whipping was whip-cord lapped tightly a dozen turns or so round the end of the rope. Blakely, without another word, paid for the rope, picked it up, and departed, head high, sublimely indifferent to the presence of Loudon. Mike Flynn heaved a heartfelt sigh of relief.

"Praise be!" he ejaculated. "I'd thought to lose a customer a minute back." Then, recollecting himself, he added quickly, "What was that yuh said about cartridges, Johnny?"

CHAPTER II

AT THE BAR S