understood that the bank had delivered an ultimatum. He deeply resented it. In his secret heart of hearts he considered it as of a piece with all the "acts of oppression" that he had chalked, rather vaguely, against the Americans' account. Nevertheless he concealed his resentment beneath his pride, and threw over it a careless scarf of nonchalance. Indeed, it was only at the end of quite a long visit, and of many casual topics, that he introduced the real subject of his call in a "by the way" manner.
"I have heard from Señor Mills," he remarked in Spanish, "who desires further payment on some matters between us. I pointed out to him that this was not the season. What ranchero has money at this season? It is not the time of the sale of cattle. But he has given me this and that reason. It seems to be serious with him. Is it possible, amigo, that you?" he paused delicately.
Colonel Peyton's fine old face wrinkled in distress.
"I know, I know!" he cried. "It is the dry year, after last winter. I sincerely hope that it will mean no sacrifice to you, my old friend. I sincerely hope that it will amount only to an inconvenience. For I, too, have talked with Señor Mills—a serious talk, amigo. I have not one cent to lay my hands on. I am myself pushed to save affairs from disaster. It can be done, but"
A chill had struck through Don Vincente's heart at the first words of his friend. For whatever secret opinion or suspicion or aristocratic contempt he might have as to others of the American usurpers of his land, he knew and trusted and loved the owner of Corona del Monte. He knew that the Colonel's refusal was final, because it must be final; and for a single instant his panic-stricken mind visaged the consequences of a failure where he had from long habit taken success for granted. But instantly he recovered command of himself, and waved his hand gracefully.
"It is a nothing," he said. "It can be arranged in other ways."
"Let me tell you my situation," urged the Colonel.
Already the little Spanish gentleman sitting opposite, ridicu-
