Ralph Gurney's Oil Speculation. Otis James

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and five men have just turned into the path, coming down here as if they knew just what they should find."

      For a moment Bob and Dick were silent, and Ralph had an opportunity to ask George:

      "Who is Newcombe?"

      "A man in the employ of the owners of the patent, and one who has threatened several times to secure the arrest of Bob."

      Dick's first act, after he fully realized what Jim had said, was to cover the fire, at which they had been soldering, with ashes, in order to prevent any smoke from escaping through the chimney, and by that time Bob had recovered all his presence of mind.

      "Even if they have at last found the hut, they will be puzzled to get into it, or to get us out," he said, as he noted the fastenings of the window-shutters, and uncovered a small aperture which served as a loop-hole through which everything that occurred outside could be seen.

      "You ought to have warned Pete," said George, not feeling remarkably well pleased at the chance of being besieged as a moonlighter, but yet anxious that his friends should elude arrest where the cartridges and explosive fluid would be sufficient proof against them.

      "There is no need of that," replied Bob. "He wouldn't show himself under any circumstances unless we called him, and from the loft of the stable he can see all that is going on."

      Ralph was the most uncomfortable of the party. Not being so familiar with the doings of the moonlighters, nor acquainted with the general feeling of the public against them, the idea of being thus hunted like a criminal was very repugnant to him.

      It was as if his companions were engaged in some crime, instead of simply infringing a patent, the legality of which had not been fully tested, and, if he could have had his choice, he would have been miles away from that spot just then.

      "There they come!" exclaimed Bob from his post of observation, and, looking out for a moment, Ralph saw six men riding into the clearing directly toward the house.

      Almost before he had time to regain his seat, and just as Bob held up his hand as a signal for silence, a knock was heard at the door, as if some one was pounding with the butt-end of a whip.

      No one made any reply, and it seemed to Ralph as if he could hear the pulsations of his own heart, so oppressive was the silence.

      Again the summons was repeated, and a gruff voice cried:

      "Open the door a moment. I wish to speak with Mr. Robert Hubbard."

      Then there was a long silence, and, seeing the look of anxiety on Ralph's face, George said, in a low whisper:

      "Don't look so distressed, my boy. Those men have got no more right to enter here than you have to go into another man's dwelling. If they should succeed in getting in, however, they would find sufficient to prove that Bob was about to infringe their patent; but, as it is, they have no authority to do anything, although Bob will hardly get a chance to shoot the Hoxie well to-night."

      "That's just what I will do," whispered Bob, who had heard George's remark. "I will put in that charge if they camp where they are all night."

      The men on the outside waited some moments in silence, and then the request was repeated, while at the same time footsteps could be heard as if some of them had gone toward the stable.

      "They might easily batter in one of the windows," said Ralph, as the pounding at the door was continued.

      "They would hardly try that plan," replied George, with a meaning smile. "There are a hundred or two quarts of nitro-glycerine stored here, needing only the necessary concussion to explode them. Those men know quite as well as we do how unpleasant such liquid may become, and I assure you that they will strike no very heavy blows on the building."

      It was a singular position for any one to be in, and Ralph was far from being comfortable in his mind, as he awaited the result of this visit to the cabin of the moonlighters.

      CHAPTER IV.

      A REGULAR SIEGE

      Ralph, simply a visitor to the cabin of the moonlighters, felt far more uncomfortable than did his hosts, to whom alone there was any danger.

      As the party waited silently for any move by those outside, Ralph had plenty of time to review his own position, and this review was far from pleasant or reassuring.

      In that section of the country the fact of being arrested as a moonlighter did not imply either disgrace or crime; but in Ralph's home, where nothing was known of such an industry, save when occasionally a newspaper item was read but not understood, the news of his arrest while trying illegally to "shoot" a well, would cause as much consternation and sorrow as if he had attempted to shoot a man. It was far from being a pleasant beginning to his vacation, and he would have been much better satisfied with himself if he had not made any attempt to penetrate the mysteries of the moonlighters' dangerous calling.

      While these uncomfortable thoughts were presenting themselves to Ralph, Bob Hubbard was standing on a rudely-constructed table, in order that he might keep a watch upon Newcombe and his men, and from time to time he whispered to his companions of that which he saw.

      "They've got tired trying to find out anything at the stable, and now they're coming this way. If we keep perfectly quiet they will begin soon to believe that no one is here, and then, very likely, they will go away."

      It was in the highest degree necessary that these men should be thrown off the scent if possible, and each one in the hut remained motionless as statues, but, as was shown a moment later, their silence was fruitless, owing to the defective construction of their furniture.

      "Now they are gathering close around the door," continued Bob, from his post of observation; and then, fearing he might betray himself even through the loop-hole, he began cautiously to descend.

      It was as if his very efforts to move without noise hastened the catastrophe he was trying to avert, for as he started to lower himself from the table, the entire structure gave way, and he came to the floor with such a crash as could have been heard many yards away.

      There was no need of question as to whether Bob's downfall had been heard by those outside, for at the moment a low, involuntary cry of triumph was heard, which did not detract from the unfortunate moonlighter's discomfiture. Had Bob cried out his name he could not have proclaimed his presence any more plainly, and as he disentangled himself from amid the wreck of the table, his face spoke eloquently the anger he felt, either at his own carelessness or the weakness of the table.

      "It's all up now," said Jim, despondently. "There was a chance that they might get tired in time, and go away; but now they will stay here until they see us leave."

      "Well, let them stay," said Bob, savagely. "I have come here to get ready to shoot the Hoxie well, and I'll do it before I go home again."

      "Perhaps you will, and perhaps you won't," said Jim, doubtingly; "but if my opinion's worth anything, you won't."

      Bob made no reply to this; but attacked the tin cartridges on which he had been working with an energy that told plainly of his determination; although how it might be possible for him to do more than to get ready for the work, no one could imagine. He no longer tried to be silent, but made so much bustle with his work that George said:

      "What makes you so careless, Bob? Even if they did hear you when you fell, there is no reason why you should advertise the fact that you are making cartridges."

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