returns; and I know⁠—your old father isn’t a back number yet, Harran⁠—I may not have so wide an outlook as our friend Cedarquist, but I am quick to see my chance. Boy, the whole East is opening, disintegrating before the Anglo-Saxon. It is time that bread stuffs, as well, should make markets for themselves in the Orient. Just at this moment, too, when Lyman will scale down freight rates so we can haul to tidewater at little cost.”

Magnus paused again, his frown beetling, and in the silence the excited murmur from the main room of the club, the soprano chatter of a multitude of women, found its way to the deserted library.

“I believe it’s worth looking into, Governor,” asserted Harran.

Magnus rose, and, his hands behind him, paced the floor of the library a couple of times, his imagination all stimulated and vivid. The great gambler perceived his Chance, the kaleidoscopic shifting of circumstances that made a Situation. It had come silently, unexpectedly. He had not seen its approach. Abruptly he woke one morning to see the combination realised. But also he saw a vision. A sudden and abrupt revolution in the Wheat. A new world of markets discovered, the matter as important as the discovery of America. The torrent of wheat was to be diverted, flowing back upon itself in a sudden, colossal eddy, stranding the middleman, the entrepreneur, the elevator- and mixing-house men dry and despairing, their occupation gone. He saw the farmer suddenly emancipated, the world’s food no longer at the mercy of the speculator, thousands upon thousands of men set free of the grip of Trust and ring and monopoly acting for themselves, selling their own wheat, organising into one gigantic trust, themselves, sending their agents to all the entry ports of China. Himself, Annixter, Broderson and Osterman would pool their issues. He would convince them of the magnificence of the new movement. They would be its pioneers. Harran would be sent to Hong Kong to represent the four. They would charter⁠—probably buy⁠—a ship, perhaps one of Cedarquist’s, American built, the nation’s flag at the peak, and the sailing of that ship, gorged with the crops from Broderson’s and Osterman’s ranches, from Quien Sabe and Los Muertos, would be like the sailing of the caravels from Palos. It would mark a new era; it would make an epoch.

With this vision still expanding before the eye of his mind, Magnus, with Harran at his elbow, prepared to depart.

They descended to the lower floor and involved themselves for a moment in the throng of fashionables that blocked the hallway and the entrance to the main room, where the numbers of the raffle were being drawn. Near the head of the stairs they encountered Presley and Cedarquist, who had just come out of the wine room.

Magnus, still on fire with the new idea, pressed a few questions upon the manufacturer before bidding him goodbye. He wished to talk further upon the great subject, interested as to details, but Cedarquist was vague in his replies. He was no farmer, he hardly knew wheat when he saw it, only he knew the trend of the world’s affairs; he felt them to be setting inevitably eastward.

However, his very vagueness was a further inspiration to the Governor. He swept details aside. He saw only the grand coup, the huge results, the East conquered, the march of empire rolling westward, finally arriving at its starting point, the vague, mysterious Orient. He saw his wheat, like the crest of an advancing billow, crossing the Pacific, bursting upon Asia, flooding the Orient in a golden torrent. It was the new era. He had lived to see the death of the old and the birth of the new; first the mine, now the ranch; first gold, now wheat. Once again he became the pioneer, hardy, brilliant, taking colossal chances, blazing the way, grasping a fortune⁠—a million in a single day. All the bigness of his nature leaped up again within him. At the magnitude of the inspiration he felt young again, indomitable, the leader at last, king of his fellows, wresting from fortune at this eleventh hour, before his old age, the place of high command which so long had been denied him. At last he could achieve.

Abruptly Magnus was aware that someone had spoken his name. He looked about and saw behind him, at a little distance, two gentlemen, strangers to him. They had withdrawn from the crowd into a little recess. Evidently having no women to look after, they had lost interest in the afternoon’s affair. Magnus realised that they had not seen him. One of them was reading aloud to his companion from an evening edition of that day’s newspaper. It was in the course of this reading that Magnus caught the sound of his name. He paused, listening, and Presley, Harran and Cedarquist followed his example. Soon they all understood. They were listening to the report of the judge’s decision, for which Magnus was waiting⁠—the decision in the case of the League vs. the Railroad. For the moment, the polite clamour of the raffle hushed itself⁠—the winning number was being drawn. The guests held their breath, and in the ensuing silence Magnus and the others heard these words distinctly:

“… It follows that the title to the lands in question is in the plaintiff⁠—the Pacific and Southwestern Railroad, and the defendants have no title, and their possession is wrongful. There must be findings and judgment for the plaintiff, and it is so ordered.”

In spite of himself, Magnus paled. Harran shut his teeth with an oath. Their exaltation of the previous moment collapsed like a pyramid of cards. The vision of the new movement of the wheat, the conquest of the East, the invasion of the Orient, seemed only the flimsiest mockery. With a brusque wrench, they were snatched back to reality. Between them and the vision, between the fecund San Joaquin, reeking with fruitfulness, and the millions of Asia crowding toward the verge of starvation, lay

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