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be twelve miles away. In reality, he was not eight. During the night he had traveled at disadvantage, and taken a round-about way without being aware of it. He was mistaken also in supposing that the pursuit would be easily abandoned. Mining communities could not afford to condone theft, nor were they disposed to facilitate the escape of the thief. More than once the murderer had escaped, while the thief was pursued relentlessly. All this made Hogan's position a perilous one. If he had been long enough in the country to understand the feeling of the people, he would not have ventured to steal the nugget.

About eleven o'clock Hogan sat down to rest. He reclined on the greensward near the edge of a precipitous descent. He did not dream that danger was so close till he heard his name called and two men came running toward him. Hogan, starting to his feet in dismay, recognized Crane and Peabody, two of his late comrades.

"What do you want?" he faltered, as they came within hearing.

"The nugget," said Crane sternly.

Hogan would have denied its possession if he could, but there it was at his side.

"There it is," he said.

"What induced you to steal it?" demanded Crane.

"I was dead broke. Luck was against me. I couldn't help it."

"It was a bad day's work for you," said Peabody. "Didn't you know the penalty attached to theft in the mining-camps?"

"No," faltered Hogan, alarmed at the stem looks of his captors.
"What is it?"

"Death by hanging," was the terrible reply.

Hogan's face blanched, and he sank on his knees before them.

"Don't let me be hung!" he entreated. "You've got the nugget back.
I've done no harm. No one has lost anything by me."

"Eight of us have lost our time in pursuing you. You gave up the nugget because you were forced to. You intended to carry it away."

"Mercy! mercy! I'm a very unlucky man. I'll go away and never trouble you again."

"We don't mean that you shall," said Crane sternly. "Peabody, tie his hands; we must take him back with us."

"I won't go," said Hogan, lying down. "I am not going back to be hung."

It would obviously be impossible to carry a struggling man back fifteen miles, or more.

"We must hang you on the spot then," said Crane, producing a cord.
"Say your prayers; your fate is sealed."

"But this is murder!" faltered Hogan, with pallid lips.

"We take the responsibility."

He advanced toward Hogan, who now felt the full horrors of his situation. He sprang to his feet, rushed in frantic fear to the edge of the precipice, threw up his arms, and plunged headlong. It was done so quickly that neither of his captors was able to prevent him.

They hurried to the precipice and looked over. A hundred feet below, on a rough rock, they saw a shapeless and motionless figure, crushed out of human semblance.

"Perhaps it is as well," said Crane gravely. "He has saved us an unwelcome task."

The nugget was restored to its owners, to whom Hogan's tragical fate was told.

"Poor fellow!" said Joe soberly. "I would rather have lost the nugget."

"So would I," said Bickford. "He was a poor, shif'less critter; but
I'm sorry for him."

CHAPTER XXXIX HOW JOE'S BUSINESS PROSPERED

Joe and his friend Bickford arrived in San Francisco eight days later without having met with any other misadventure or drawback. He had been absent less than three months, yet he found changes. A considerable number of buildings had gone up in different parts of the town during his absence.

"It is a wonderful place," said Joe to his companion.

"It is going to be a great city some day."

"It's ahead of Pumpkin Holler already," said Mr. Bickford, "though the Holler has been goin' for over a hundred years."

Joe smiled at the comparison. He thought he could foresee the rapid progress of the new city, but he was far from comprehending the magnificent future that lay before it. A short time since, the writer of this story ascended to the roof of the Palace Hotel, and from this lofty elevation, a hundred and forty feet above the sidewalk, scanned with delighted eyes a handsome and substantial city, apparently the growth of a century, and including within its broad limits a population of three hundred thousand souls. It will not be many years before it reaches half-a-million, and may fairly be ranked among the great cities of the world.

Of course Joe's first visit was to his old place of business. He received a hearty greeting from Watson, his deputy.

"I am glad to see you, Joe," said he, grasping our hero's hand cordially. "When did you arrive?"

"Ten minutes ago. I have made you the first call."

"Perhaps you thought I might have 'vamosed the ranch,'" said Watson, smiling, "and left you and the business in the lurch."

"I had no fears on that score," said Joe. "Has business been good?"

"Excellent. I have paid weekly your share of the profits to Mr.
Morgan."

"Am I a millionaire yet?" asked Joe.

"Not quite. I have paid Mr. Morgan on your account"β€”here Watson consulted a small account-bookβ€”"nine hundred and twenty-five dollars."

"Is it possible?" said Joe, gratified. "That is splendid."

"Then you are satisfied?"

"More than satisfied."

"I am glad of it. I have made the same for myself and so have nearly half made up the sum which I so foolishly squandered at the gaming-table."

"I am glad for you, Mr. Watson."

"How have you prospered at the mines?"

"I have had excellent luck."

"I don't believe you bring home as much money as I have made for you here."

"Don't bet on that, Mr. Watson, for you would lose."

"You don't mean to say that you have made a thousand dollars?" exclaimed Watson, surprised.

"I have made five thousand dollars within a hundred or two."

"Is it possible!" ejaculated Watson. "You beat everything for luck,
Joe."

"So he does," said Bickford, who felt that it was time for him to speak. "It's lucky for me that I fell in with him. It brought me luck, too, for we went into partnership together."

"Have you brought home five thousand dollars, too?" asked Watson.

"I've got about the same as Joe, and now I'm going home to marry
Susan Smith if she'll have me."

"She'll marry a rich miner, Mr. Bickford. You needn't be concerned about that."

"I feel pretty easy in mind," said Joshua.

"How soon do you sail?"

"When does the next steamer go?"

"In six days."

"I guess it'll carry me."

Watson turned to Joe.

"I suppose you will now take charge of your own business?" said lie.
"I am ready to hand over my trust at any minute."

"Would you object to retaining charge forβ€”say for four months to come?" asked Joe.

"Object? I should be delighted to do it. I couldn't expect to make as much money any other way."

"You see, Mr. Watson, I am thinking of going home myself on a visit. I feel that I can afford it, and I should like to see my old friends and acquaintances under my new and improved circumstances."

Watson was evidently elated at the prospect of continued employment of so remunerative a character.

"You may depend upon it that your interests are safe in my hands," said he. "I will carry on the business as if it were my own. Indeed, it will be for my interest to do so."

"I don't doubt it, Mr. Watson. I have perfect confidence In your management."

Joe's next call was on his friend Morgan, by whom also he was cordially welcomed.

"Have you called on Watson?" he asked.

"Yes."

"Then he has probably given you an idea of how your business has gone on during your absence. He is a thoroughly reliable man, in my opinion. You were fortunate to secure his services."

"So I think."

"Have you done well at the mines?" asked Mr. Morgan doubtfully.

"You hope so, but you don't feel confident?" said Joe, smiling.

"You can read my thoughts exactly. I don't consider mining as reliable as a regular business."

"Nor I, in general, but there is one thing you don't take into account."

"What is that?"

Mr. Bickford answered the question.

"Joe's luck."

"Then you have been lucky?"

"How much do you think I have brought home?"

"A thousand dollars?"

"Five times that sum."

"Are you in earnest?" asked Mr. Morgan, incredulous.

"Wholly so."

"Then let me congratulate youβ€”on that and something else."

"What is that?"

"The lots you purchased, including the one on which your restaurant is situated, have more than doubled in value."

"Bully for you, Joe!" exclaimed Mr. Bickford enthusiastically.

"It never rains but it pours," said Joe, quoting an old proverb. "I begin to think I shall be rich some time, Mr. Morgan."

"It seems very much like it."

"What would you advise me to do, Mr. Morganβ€”sell out the lots at the present advance?"

"Hold on to them, Joe. Not only do that, but buy more. This is destined some day to be a great city. It has a favorable location, is the great mining center, and the State, I feel convinced, has an immense territory fit for agricultural purposes. Lots here may fluctuate, but they will go up a good deal higher than present figures."

"If you think so, Mr. Morgan, I will leave in your hands three thousand dollars for investment in other lots. This will leave me, including my profits from the business during my absence, nearly three thousand dollars more, which I shall take East and invest there."

"I will follow your instructions, Joe, and predict that your real estate investments will make you rich sooner than you think."

"Joe," said Bickford, "I've a great mind to leave half of my money with Mr. Morgan to be invested in the same way."

"Do it, Mr. Bickford. That will leave you enough to use at home."

"Yesβ€”I can buy a farm for two thousand dollars and stock it for five hundred more. Besides, I needn't pay more than half down, if I don't want to."

"A good plan," said Joe.

"Mr. Morgan, will you take my money and invest it for me just like
Joe's? Of course I want you to take a commission for doing it."

"With pleasure, Mr. Bickford, more especially as I have decided to open a real estate office in addition to my regular business. You and Joe will be my first customers. I shouldn't wonder if the two or three thousand dollars you leave with me should amount in ten years to ten thousand."

"Ten thousand!" ejaculated Joshua, elated. "Won't I swell round
Pumpkin Holler when I'm worth ten thousand dollars!"

Six days later, among the passengers by the steamer for Panama, were
Joseph Mason and Joshua Bickford.

CHAPTER XL JOE'S WELCOME HOME

On arriving in New York both Joe and Mr. Bickford bought new suits of clothes. Mr. Bickford purchased a blue dress suit, resplendent with brass buttons, and a gold watch and chain, which made a good deal of show for the money. His tastes were still barbaric, and a quiet suit of black would not have come up to his idea of what was befitting a successful California miner.

He surveyed himself before the tailor's glass with abundant satisfaction.

"I guess that'll strike 'em at home, eh, Joe?" he said.

"You look splendid, Mr. Bickford."

"Kinder scrumptious, don't I?"

"Decidedly so."

"I say, Joe, you'd better have a suit made just like this."

Joe shuddered at the thought. In refinement of taste he was decidedly ahead of his friend and partner.

"I'm going to buy a second-hand suit," he said.

"What!" ejaculated Joshua.

Joe smiled.

"I knew you'd be surprised, but I'll explain. I want people to think at first that I have been unlucky."

"Oh, I see," said Joshua, nodding; "kinder take 'em in."

"Just so, Mr. Bickford."

"Well, there is something in that."

"Then I shall find out who my true friends are."

"Just so."

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