he returned to the hotel White was sitting in a steamer-chair on the balcony. "Well," said Keogh, "did you and His Nibs decide on the kind of chromo he wants?"

White got up and walked back and forth on the balcony a few times. Then he stopped and laughed strangely. His face was flushed, and his eyes were bright with a kind of angry amusement.

"Look here, Billy," he said, somewhat roughly, "when you first came to me in my studio and mentioned a picture, I thought you wanted a Smashed Oats or a Hair Tonic poster painted on a range of mountains or the side of a continent. Well, either of those jobs would have been Art in its highest form compared to the one you've steered me against. I can't paint that picture, Billy. You've got to let me out. Let me try to tell you what that barbarian wants. He had it all planned out and even a sketch made of his idea. The old boy doesn't draw badly at all. But, ye goddesses of Art! listen to the monstrosity he expects me to paint. He wants himself in the centre of the canvas, of course. He is to be

painted as Jupiter sitting on Olympus, with the clouds at his feet. At one side of him stands George Washington, in full regimentals, with his hand on the president's shoulder. An angel with outstretched wings hovers overhead, and is placing a laurel wreath on the president's head, crowning him-Queen of the May, I suppose. In the background is to be cannon, more angels and soldiers. The man who would paint that picture would have to have the soul of a dog, and would deserve to go down into oblivion without even a tin can tied to his y tail to sound his memory."

Little beads of moisture crept out all over Billy Keogh's brow. The stub of his blue pencil had not figured out a contingency like this. The machinery of his plan had run with flattering smoothness until now. He dragged another chair. upon the balcony, and got White back to his seat. He lit his pipe with appar

ent calm.

"Now, sonny," he said, with gentle grimness, "you and me will have an Art to Art talk. You've got your art and I've got mine. Yours is the real Pierian stuff that turns up its nose at bock-beer signs and oleographs of the Old Mill. Mine's the art of Business. This was my scheme, and it worked out like twoand-two. Paint that president man as Old King Cole, or Venus, or a landscape, or a fresco, or a bunch of lilies, or anything he thinks he looks like. But get the paint on the canvas and collect the spoils. You wouldn't throw me down, Carry, at this stage of the game. Think of that ten thousand."

"I can't help thinking of it," said White, "and that's what hurts. I'm tempted to throw every ideal I ever had down in the mire, and steep my soul in infamy by painting that picture. That five thousand meant three years of foreign study to me, and I'd almost sell my soul for that."

"Now it ain't as bad as that," said Keogh, soothingly. "It's a business proposition. It's so much paint and time against money. I don't fall in with your idea that that picture would so everlastingly jolt the art side of the question. George Washington was all right, you know, and nobody could say a word against the angel. I don't think so bad of that group. If you was to give Jupiter a pair of epaulets and a sword, and kind of work the clouds around to look like a blackberry patch, it wouldn't make such a bad battle scene. Why, if we hadn't already settled on the price, he ought to pay an extra thousand for Washington, and the angel ought to raise it five hundred."

You don't understand, Billy," said White, with an uneasy laugh. "Some of us fellows who try to paint have big notions about Art. I wanted to paint a picture some day that people would stand before and forget that it was made of paint. I wanted it to creep into them like a bar of music and mushroom there like a soft bullet. And I wanted 'em to go away and ask, 'What else has he done?' And I didn't want 'em to find a thing; not a portrait nor a magazine cover

nor an illustration nor a drawing of a girl-nothing but the picture. That's why I've lived on fried sausages, and tried to keep true to myself. I persuaded myself to do this portrait for the chance it might give to me to study abroad. But this howling, screaming caricature! Good Lord! can't you see how it is?"

"Sure," said Keogh, as tenderly as he would have spoken to a child, and he laid a long fore-finger on White's knee. "I see. It's bad to have your art all slugged up like that. I know. You wanted to paint a big thing like the panorama of the battle of Gettysburg. But let me kalsomine you a little mental sketch to consider. Up to date we're out $385.50 on this scheme. Our capital | took every cent both of us could raise. We've got about enough left to get back to New York on. I need my share of that ten thousand. I want to work a copper | deal in Idaho, and make a hundred thousand. That's the business end of the thing. Come down off your art perch, Carry, and let's land that hatful of dollars."

"Billy," said White, with an effort, “I'll try. I won't say I'll do it, but I'll try. I'll go at it, and put it through if I can.'

"That's business," said Keogh heartily. "Good boy! Now, here's another thing-rush that picture-crowd it through as quick as you can. Get a couple of boys to help you mix the paint if necessary. I've picked up some pointers around town. The people here are beginning to get sick of Mr. President. They say he's been too free with concessions; and they accuse him of trying to make a dicker with England to sell out the country. We want that picture done and paid for before there's any row."

In the great patio of Casa Morena, the president caused to be stretched a huge canvas. Under this White set up his temporary studio. For two hours each day the great man sat to him.

White worked faithfully. But, as the work progressed, he had seasons of bitter scorn, of infinite self-contempt, of sullen gloom and sardonic gaiety. Keogh, with the patience of a great general, soothed, coaxed, argued-kept him at the picture.

At the end of a month White announced that the picture was completed— Jupiter, Washington, angels, clouds, cannon and all. His face was pale and his mouth drawn straight when he told Keogh. He said the president was much pleased with it. It was to be hung in the National Gallery of Statesmen and Heroes. The artist had been requested to return to Casa Morena on the following day to receive payment. At the appointed time he left the hotel, silent under his friend's joyful talk of their success.

An hour later he walked into the room where Keogh was waiting, threw his hat on the floor, and sat upon the table.

"Billy," he said, in strained and laboring tones, "I've a little money out West in a small business that my brother is running. It's what I've been living on while I've been studying art. I'll draw out my share and pay you back what you've lost on this scheme."

"Lost!" exclaimed Keogh, jumping up. "Didn't you get paid for the picture?" "Yes, I got paid," said White. "But just now there isn't any picture, and there isn't any pay. If you care to hear about it, here are the edifying details. The president and I were looking at the painting. His secretary brought a bank draft on New York for ten thousand dollars and handed it to me. The moment I touched it I went wild. I tore it into little pieces and threw them on the floor. A workman was repainting the pillars inside the patio. A bucket of his paint happened to be convenient. I picked up his brush and slapped a quart of blue paint all over that ten-thousand-dollar nightmare. I bowed, and walked out. The president didn't move or speak. That was one time he was taken by surprise. It's tough on you, Billy, but I couldn't help it."

There seemed to be excitement in Coralio. Outside there was a confused, rising murmur pierced by high-pitched cries. "Abajo el traidor-Muerte al traidor! were the words they seemed to form.

"Listen to that!" exclaimed White, bitterly: "I know that much Spanish. They're shouting, 'Down with the traitor!' I heard them before. I felt that they meant me. I was a traitor to Art. The picture had to go."

"Down with the blank fool' would have suited your case better," said Keogh, with fiery emphasis. "You tear up ten thousand dollars like an old rag because the way you've spread on five dollars' worth of paint hurts your conscience. Next time I pick a side-partner in a scheme the man has got to go before a notary and swear he never even heard the word 'ideal' mentioned."

Keogh strode from the room, white-hot. White paid little attention to his resentment. The scorn of Billy Keogh seemed a trifling thing beside the greater self-scorn he had escaped.

In Coralio the excitement waxed. An outburst was imminent. The cause of this demonstration of displeasure was the presence in the town of a big, pinkcheeked Englishman, who, it was said, was an agent of his government come to clinch the bargain by which the president placed his people in the hands of a foreign power. It was charged that not only had he given away priceless concessions, but that the public debt was to be transferred into the hands of the English, and the custom-houses turned over to them as a guarantee. The long-enduring people had determined to make their protest felt.

On that night, in Coralio and in other towns, their ire found vent. Yelling mobs, mercurial but dangerous, roamed the streets. They overthrew the great bronze statue of the president that stood in the centre of the plaza, and hacked it to shapeless pieces. They tore from public buildings the tablets set there proclaiming the glory of the "Illustrious Liberator." His pictures in the government office were demolished. The mobs even attacked the Casa Morena, but were driven away by the military, which remained faithful to the executive. All the night terror reigned.

The greatness of Losada was shown by the fact that by noon the next day order was restored, and he was still absolute. He issued proclamations denying positively that any negotiations of any kind had been entered into with England. Sir Stafford Vaughn, the pink-cheeked Englishman, also declared in placards and in public print that his presence there had no international significance. He was a traveller without guile. In fact (so he stated), he had not even spoken with the president or been in his presence since his arrival.

During this disturbance, White was preparing for his homeward voyage in the steamship that was to sail within two or three days. About noon, Keogh, the restless, took his camera out with the hope of speeding the lagging hours. The town was now as quiet as if peace had never departed from her perch on the red-tiled roofs.

About the middle of the afternoon, Keogh hurried back to the hotel with something decidedly special in his air. He retired to the little room where he developed his pictures.

Later on he came out to White on the balcony, with a luminous, grim, predatory smile on his face.

"Do you know what that is?" he asked, holding up a 4 x 5 photograph mounted on cardboard.

"Snap-shot of a señorita sitting in the sand-alliteration unintentional," guessed White, lazily.

"Wrong," said Keogh with shining eyes. "It's a slung-shot. It's a can of dynamite. It's a gold mine. It's a sight-draft on your president man for twenty thousand dollars-yes, sir-twenty thousand this time, and no spoiling the picture. No ethics of art in the way. Art! You with your smelly little

tubes! I've got you skinned to death with a kodak.

Take a look at that.”

White took the picture in his hand, and gave a long whistle. "Jove," he exclaimed, "but wouldn't that stir up a row in town if you let it be seen. How in the world did you get it, Billy?"

"You know that high wall around the president man's back garden? I was up there trying to get a bird's-eye of the town. I happened to notice a chink in the wall where a stone and a lot of plaster had slid out. Thinks I, I'll take a peep through to see how Mr. President's cabbages are growing. The first thing I saw was him and this Sir Englishman sitting at a little table about twenty feet away. They had the table all spread over with documents, and they were hobnobbing over them as thick as two pirates. 'Twas a nice corner of the garden, all private and shady with palms and orange trees, and they had a pail of champagne set by handy in the grass. I knew then was the time for me to make my big hit in Art. So I raised the machine up to the crack, and pressed the button. Just as I did so them old boys shook hands on the deal-you see they took that way in the picture."

Keogh put on his coat and hat.

"What are you going to do with it?" asked White.

"Me," said Keogh in a hurt tone, "why, I'm going to tie a pink ribbon to it and hang it on the what-not, of course. I'm surprised at you. But while I'm out you just try to figure out what gingercake potentate would be most likely to want to buy this work of art for his private collection-just to keep it out of circulation."

The sunset was reddening the tops of the cocoanut palms when Billy Keogh came back from Casa Morena. He nodded to the artist's questioning gaze; and lay down on a cot with his hands under the back of his head.

"I saw him. He paid the money like a little man. They didn't want to let me in at first. I told 'em it was important. Yes, that president man is on the plenty-able list. He's got a beautiful business system about the way he uses his brains. All I had to do was to hold up the photograph so he could see it, and name the price. He just smiled, and walked over to a safe and got the cash. Twenty one-thousand-dollar brand-new United States Treasury notes he laid on the table, like I'd pay out a dollar and a quarter. Fine notes, too-they crackled with a sound like burning the brush off a ten-acre lot."

"Let's try the feel of one," said White, curiously. “I never saw a thousanddollar bill." Keogh did not immediately respond.

"Carry," he said, in an absent-minded way, "you think a heap of your art, don't you?"

"More," said White, frankly, "than has been for the financial good of myself and my friends."

"I thought you were a fool the other day," went on Keogh, quietly, “and I'm not sure now that you wasn't. But if you was, so am I. I've been in some funny deals, Carry, but I've always managed to scramble fair, and match my brains and capital against the other fellow's. But when it comes to-well, when you've got the other fellow cinched, and the screws on him, and he's got to put up-why, it don't strike me as being a man's game. They've got a name for it, you know; it's-confound you, don't you understand? A fellow feels-it's something like that blamed art of yours-he-well, I tore that photograph up and laid the pieces on that stack of money and shoved the whole business back across the table. 'Excuse me, Mr. Losada,' I said, but I guess I've made a mistake in the price. You get the photo for nothing.' Now, Carry, you get out the pencil, and we'll do some more figuring. I'd like to save enough out of our capital for you to have some fried sausages in your joint when you get back to New York."

DICKY

THERE is little consecutiveness along the Spanish Main. Things happen there intermittently. Even Time seems to hang his scythe daily on the branch of an orange tree while he takes a siesta and a cigarette.

After the ineffectual revolt against the administration of President Losada, the country settled again into quiet toleration of the abuses with which he had been charged. In Coralio old political enemies went arm-in-arm, lightly eschewing for the time all differences of opinion.

The failure of the art expedition did not stretch the cat-footed Keogh upon his back. The ups and downs of Fortune made smooth travelling for his nimble steps. His blue pencil stub was at work again before the smoke of the steamer on which White sailed had cleared away from the horizon. He had but to speak a word to Geddie to find his credit negotiable for whatever goods he wanted from the store of Brannigan & Company. On the same day on which White arrived in New York, Keogh, at the rear of a train of five pack mules loaded with hardware and cutlery, set his face toward the grim, interior mountains. There the Indian tribes wash gold dust from the auriferous streams; and when a market is brought to them trading is brisk and muy bueno in the Cordilleras.

In Coralio Time folded his wings and paced wearily along his drowsy path. They who had most cheered the torpid hours were gone. Clancy had sailed on a Spanish barque for Colon, contemplating a cut across the isthmus and then a further voyage to end at Calao, where the fighting was said to be on. Geddie, whose quiet and genial nature had once served to mitigate the frequent dull reaction of lotus eating, was now a home-man, happy with his bright orchid, Paula, and never even dreaming of or regretting the unsolved, sealed and monogramed Bottle whose contents, now inconsiderable, were held safely in the keeping of the sea.

Well may the Walrus, most discerning and eclectic of beasts, place sealingwax midway on his programme of topics that fall pertinent and diverting upon the ear.

Atwood was gone he of the hospitable back porch and ingenuous cunning. Dr. Gregg, with his trepanning story smouldering within him, was a whiskered volcano, always showing signs of imminent eruption, and was not to be considered in the ranks of those who might contribute to the amelioration of ennui. The new consul's note chimed with the sad sea waves and the violent tropical greens he had not a bar of Scheherezade or of the Round Table in his lute. Goodwin was employed with large projects: what time he was loosed from them found him at his home, where he loved to be. Therefore it will be seen that there was a dearth of fellowship and entertainment among the foreign contingent of Coralio.

And then Dicky Maloney dropped down from the clouds upon the town, and amused it.

Nobody knew where Dicky Maloney hailed from or how he reached Coralio. He appeared there one day; and that was all. He afterward said that he came on the fruit steamer Thor; but an inspection of the Thor's passenger list of that date was found to be Maloneyless. Curiosity, however, soon perished; and Dicky took his place among the odd fish cast up by the Caribbean.

He was an active, devil-may-care, rollicking fellow with an engaging gray eye, the most irresistible grin, a rather dark or much sunburned complexion, and a head of the fieriest red hair ever seen in that country. Speaking the Spanish language as well as he spoke English, and seeming always to have plenty of silver in his pockets, it was not long before he was a welcome com