you a good price per thousand, but payable only when the logs are
delivered to our rivermen."

Radway, with his usual mental attitude of one anxious to justify
the other man, ended by seeing only his employer's argument. He
did not perceive that the latter's proposition introduced into the
transaction a gambling element. It became possible for Morrison &
Daly to get a certain amount of work, short of absolute completion,
done for nothing.

"How much does the timber estimate?" he inquired finally.

"About five millions."

"I'd need a camp of forty or fifty men then. I don't see how I can
run such a camp without borrowing."

"You have some money, haven't you?"

"Yes; a little. But I have a family, too."

"That's all right. Now look here." Daly drew towards him a sheet
of paper and began to set down figures showing how the financing
could be done. Finally it was agreed. Radway was permitted to draw
on the Company's warehouse for what provisions he would need. Daly
let him feel it as a concession.

All this was in August. Radway, who was a good practical woodsman,
set about the job immediately. He gathered a crew, established his
camp, and began at once to cut roads through the country he had