On the evening of the third day after his latest interview with Doctor Jones, Keith threw down his paper with a cry of triumph. He had been scanning the columns of every issue with minute care, combing even the fine print for the auctioneer's advertisements. Here was what he wanted: top of column, third page, where every one would be sure to see it. The commissioners issued a signed statement, calling public attention to the details of their appointment, and warning that titles issued under sheriff's sale would be considered invalid.

Keith read this with great attention, then drew his personal check against Palmer, Cook & Co. for eleven thousand dollars in favour of Doctor Jones. After some search he unearthed the little man in a downtown rookery, and from him obtained an assignment of his judgment against the city. Doctor Jones lost no time spreading the news, with the additional statement that he considered himself well out of the mess. He proceeded to order himself a long-coveted microscope, and was thenceforth lost to sight among low-tide rocks and marine algae. The sheriff's sale came off at the advertised date. There were no bidders; the commissioners' warning had had its effect. Keith himself bought in the lots for $5,000. This check about exhausted his resources. This, less costs, was, of course, paid back to himself as holder of the judgment. He had title, such as it was, for about what he had given Jones.

The bargain amused Keith's acquaintance hugely. Whenever he appeared he was deluged with chaff, all of which he took, good naturedly. He was considered, in a moment of aberration, to have bought an exceedingly doubtful equity. Some thought, he must have a great deal of money, arguing that only the owner of a fat bank account could afford to take such fliers; others considered that he must have very little sense. Keith was apparently unperturbed. He at once began to look about him, considering the next step in his scheme. Since this investment had taken nearly every cent he had left, it was incumbent to raise more money at once.

He called on John Sherwood at the Empire. The gambler listened to him attentively.

"I can't go into it," he said, when Keith had finished. A slight smile sketched itself on his strong, impassive face. "Not that I do not believe it will work; I think it will. But I have long made it a rule never to try to make money outside my own business--which is gambling. I never adopt ordinary honest methods."

Keith's honest but legally trained mind failed to notice the quiet sarcasm of this. "Well, you know everybody in town. Where can I go?"

Sherwood thought a moment.

"I'll take you to Malcolm Neil," he said at last. It was Keith's turn to look thoughtful.

"All right," he said at last. "But not just right away. Give me a couple of days to get ready."

At the appointed time Sherwood escorted Keith to Malcolm Neil's office, introduced and left him. Keith took the proffered wooden chair, examining his man with the keenest attention.

Malcolm Neil, spite of his Scotch name, was a New Englander by birth. He had come out in '49, intending, like everybody else, to go to the mines, but had never gone farther than San Francisco. The new city offered ample scope for his talents, and he speedily became, not only rich, but a dominating personality among financial circles. He accomplished this by supplementing his natural ability with absolute singleness of purpose. It was known that his sole idea was the making of money. He was reputed to be hard, devoid of sentiment, unscrupulous. Naturally he enjoyed no popularity, but a vast respect. More people had heard of him, or felt his power, than had seen him; for he went little abroad, and preferred to work through agents. John Sherwood's service in obtaining for Keith a personal interview was a very real one. Neil's offices were small, dingy, and ill lighted, at the back of one of the older and cheaper buildings. In the outer of the two were three bookkeepers; the other contained only a desk, two chairs, and an engraving of Daniel Webster addressing the Senate.

The man himself sat humped over slightly, his head thrust a little forward as though on the point of launching a truculent challenge. He was lean, gray, with bushy, overhanging brows, eyes with glinting metallic surfaces, had long sinewy hands, and a carved granite and inscrutable face, His few words of greeting revealed his voice as harsh, grating and domineering.

Keith, reading his man, wasted no time in preliminaries.

"Mr. Neil," he said, "I have a scheme by which a great deal of money can be made."

Neil grunted. If it had not been for the fact that John Sherwood had introduced the maker of that speech, the interview would have here terminated. Malcolm Neil deeply distrusted men with schemes to make large sums of money. After a time, as Keith still waited, he growled;

"What is it?"

"That," said Keith, "I shall not disclose until my standing in the matter is assured."

"What do you want?" growled Neil.

"Fifty per cent of the profits, if you go in."

"What do you want of me?"

"The capital."

"What is the scheme?"

"That I cannot tell you without some assurance of your good intention."

"What do you expect?" rasped Neil, "that I go into this blind?"

"I have prepared this paper," said Keith, handing him a document.

Neil glanced over the paper, then read it through slowly, with great care. When he had finished, he looked up at Keith, and there was a gleam of admiration in his frosty eye.

"You are a lawyer, I take it?" he surmi............