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"You come right out of what the folks around here like to call the enemy camp, but it don't matter a little bit. Not a little bit. The whole of Sachigo's standin' wide open for you to walk through." Then he dashed his hand across his face to clear the voracious mosquitoes.

Say, when I came aboard the Myra and they scrapped the Lizzie, I never guessed to get a full cargo. Well, I can load right down to the water line for this place alone all the time. No. Sachigo's a mighty big fixture in the trade of this coast. It's a swell proposition for us sea folk. It keeps our propellers moving all the time. They're bright folk, sure."

We sail to-morrow sundown, which will give you plenty time looking around if you fancy that way. I allow Sachigo's worth it. One day it'll be a big city, if I'm a judge. Will you step this way?" The seaman's deference was obvious. But Nancy remained oblivious to it. To her it was just kindliness, and she was more than grateful. But his final remark about Sachigo left her pathetically disquieted.

Ten days ago we went to the camp of old Sachigo, the Cree, who loves Jeanne as his own daughter. It was Jeanne's idea to save you. Jeanne told him of Thorpe's plot to destroy you, and to lay the blame on Sachigo's people. Sachigo is out there in the mountains hiding with thirty of his tribe. Two days ago Jeanne learned where her father's men were hiding. We had planned everything.

When Sachigo's complete it's to be the parent company of a mighty combine that's going to take in all the mills of Canada outside Nathaniel Hellbeam's group. And then then, sir, the squeeze'll start right in. And it isn't going to stop till the sponge that's Nathaniel Hellbeam is wrung dry." "You heard all this when you were held prisoner and working like a swine in Martin's forests?"

Then his eyes resumed their keen regard. "We don't need to wait around though. The skitters are mighty thick down here. Sachigo's gettin' a special breed I kind o' hate. That letter, an' we'll get along." Bull drew out Father Adam's letter and waited while the other tore it open. Bat glanced at the contents and jumped to the signature. Then he thrust out a gnarled and powerful hand.

Subject to Ray Birchall's ultimate report, after personal inspection on the spot of the properties involved, the flotation was to be launched for some seventy million dollars, and thus the consummation of Sachigo's original inspiration would be achieved. Bat had listened to the story almost without comment. He had missed nothing of it. Neither had he failed to observe the man telling it.

He spoke quietly without a sign of emotion. But the light in his hot eyes was almost desperate. "I want to hand you the story so you'll get it all clear," he went on after a moment. "So I'll start by telling you how we stand at the mill. Get this, an' hold it tight in your head, and the rest'll come clear as day. Sachigo's right on top.

"Meanwhile," he said, leaning over the desk, "it might be well for you to get a grip on the fact that Sachigo's going right on. It's the greatest groundwood proposition in the world. I know enough of Harker to realise his capacity to make it do just what he needs. And as for that other this Sternford kid why, I gather he's a pretty live wire that's set there for a reason.

"You couldn't offer the Board a more welcome proposition than the purchase of Sachigo just now. We're changing our forest organisation right now, and that means temporary delays and drop in output. Sachigo's our worry while we're doing it. But with your permission I won't send a man up there. I think," he added deliberately, "I'd like to send a woman." Hellbeam's face was a study.