of a sub-nature of recklessness, inconsistent, all at variance with his creeds and tenets. At the very bottom, when all was said and done, Magnus remained the Forty-niner. Deep down in his heart the spirit of the Adventurer yet persisted. "We will all of us have made fortunes by then." That was it precisely. "After us the deluge." For all his public spirit, for all his championship of justice and truth, his respect for law, Magnus remained the gambler, willing to play for colossal stakes, to hazard a fortune on the chance of winning a million. It was the true California spirit that found expression through him, the spirit of the West, unwilling to occupy itself with details, refusing to wait, to be patient, to achieve by legitimate plodding; the miner's instinct of wealth acquired in a single night prevailed, in spite of all. It was in this frame of mind that Magnus and the multitude of other ranchers of whom he was a type, farmed their ranches. They had no love for their land. They were not attached to the soil. They worked their ranches as a quarter of a century before they had worked their mines. To husband the resources of their marvellous San Joaquin, they considered niggardly, petty, Hebraic. To get all there was out of the land, to squeeze it dry, to exhaust it, seemed their policy. When, at last, the land worn out, would refuse to yield, they would invest their money in something else; by then, they would all have made fortunes. They did not care. "After us the deluge." Lyman, however, was obviously uneasy, willing to change the subject. He rose to his feet, pulling down his cuffs. "By the way," he observed, "I want you three to lunch with me to-day at my club. It is close by. You can wait there for news of the court's decision as well as anywhere else, and I should like to show you the place. I have just joined." At the club, when the four men were seated at a small table in the round window of the main room, Lyman's popularity with all classes was very apparent. Hardly a man entered that did not call out a salutation to him, some even coming over to shake his hand. He seemed to be every man's friend, and to all he seemed equally genial. His affability, even to those whom he disliked, was unfailing