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"No; an asinine attempt to make good farmers out of hopelessly poor ones," Mr. Wombold answered. "I contend that any farmer to-day who has no land of his own, proves by his lack of it that he is an inefficient farmer." "On the contrary," spoke up Dar Hyal, weaving his slender Asiatic fingers in the air to emphasize his remarks. "Quite on the contrary. Times have changed.

Wombold, Graham gleaned, was an hereditary large land-owner in the vicinity of Wickenberg who prided himself on not yielding to the trend of the times by becoming an absentee landlord. From the piano, where Eddie Mason was the center of a group of girls, came much noise of ragtime music and slangtime song. Terrence McFane and Aaron Hancock fell into a heated argument over the music of futurism.

"But somebody must do the work that enables you to loaf," Mr. Wombold spoke up indignantly. "'Tis true, 'tis sad 'tis true," Terrence replied lugubriously. Then his face beamed.

But she had joined two of the girls in the whispering, giggling seclusiveness of one of the big chairs, and, most of the company being deep in bridge, Graham found himself drifted into a group composed of Dick Forrest, Mr. Wombold, Dar Hyal, and the correspondent of the Breeders' Gazette. "I'm sorry you won't be able to run over with me," Dick was saying to the correspondent.

Efficiency no longer implies the possession of capital. It is a splendid experiment, an heroic experiment. And it will succeed." "What is it, Dick?" Graham urged. "Tell us." "Oh, nothing, just a white chip on the table," Forrest answered lightly. "Most likely it will never come to anything, although just the same I have my hopes " "A white chip!" Wombold broke in.

"Five thousand acres of prime valley land, all for a lot of failures to batten on, to farm, if you please, on salary, with food thrown in!" "The food that is grown on the land only," Dick corrected. "Now I will have to put it straight. I've set aside five thousand acres midway between here and the Sacramento River." "Think of the alfalfa it grew, and that you need," Wombold again interrupted.

They're guarding the banks, the Mint, the post office, and all the public buildings. There is no disorder whatever. The strikers are keeping the peace perfectly. You can't expect me to shoot them down as they walk along the streets with wives and children all in their best bib and tucker." "I'd like to know what's happening on Wall Street," I heard Jimmy Wombold say as I passed along.

And Graham was saved from the Japanese situation with Mr. Wombold by Dar Hyal, who proceeded to proclaim Asia for the Asiatics and California for the Californians. Paula, catching up her skirts for speed, fled down the room in some romp, pursued by Dick, who captured her as she strove to dodge around the Wombold group.