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Peckham sat somewhat apart from the others on his high revolving stool, sometimes listening, without a sign of interest in his face, sometimes twirling his stool around and sitting with his back to the company, apparently immersed in figures.

Allery Jones, the Springtown wag, had once remarked that Peckham's back was more expressive than his face. On this occasion he nudged Dicky Simmons, with a view to reminding him of the fact; but Dicky, a handsome youth with a sanguine light in his blue eyes, was intent on what Harry de Luce was saying.

"Tell you what!" cried de Luce, who had only recently discovered that there were other interests in life besides the three P's, polo, poker, and pigeon-shooting. "Tell you what, those fellows up there are a rustling lot. Take the Cosmopolitan Hotel now! They're getting things down to a fine point in that tavern. There was a man put up there night before last, one of those rich-as-thunder New York capitalists. You could see it by the hang of his coat-tails. He came sniffing round on his own hook, as those cautious cusses do. Well, Rumsey gave him one of his crack rooms—panes of glass in the window, imitation ma-