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He drew forth again his own revolver, to assure himself that he was not mistaken. No, he was not. The pistols were an original brace, and alike in every particular. The smooth, heavy face of the murderer lit up with infernal exultation. He pointed with a finger that trembled now—from sheer excitement—to the pistol in the lifeless hand, then tapped the barrel of his own significantly.

"Suicide!" he whispered. "Suicide—suicide—suicide!" He reiterated the word until he thought that he appreciated its full import. Then he knelt down and leant over the prostrate Ryan, with the confident air of a lucky man on the point of crowning a very pyramid of good fortune.

Slowly and daintily he unfastened the studs in Ryan's shirt; he was playing with blood now, and must avoid unnecessary stains. He would just take what he wanted—take it cleverly, without leaving a trace behind—and satisfy himself that it was what he wanted, more or less. Then he would fire one chamber of Ryan's revolver, and make off. But first—those notes! The chest was already bathed in blood; but Pound saw at once the object of his search, the cause of his deed, and his black heart leapt within him.

Well, the little oiled-silk bag was small—unexpectedly small—incredibly small; but then there were bank notes for enormous sums; and one bank-note, or two, or three, would fold quite as small as this, and press as thin. To Pound's ignorant mind it seemed quite natural for Sundown, the incomparably clever Sundown, to have exchanged his ill-gotten gold for good, portable paper-money at some or other time and place. Dexterously, with the keen broad blade of his knife, he cut the suspending tapes and picked up the bag on its point. The oiled-silk bag was blood-stained; he wiped it gingerly on the flap of Ryan's coat, and then wiped the blood from his own fingers. He knew better than to allow bank-notes to become stained with blood.

Yet how light it was in his palm! It would not be lighter if the oiled-silk contained nothing at all. By its shape, however, it did contain something. Pound rose to his feet to see what. His confidence was ebbing. His knees shook under him with misgiving. He moved unsteadily to the low stone parapet, sat down, and ripped open the little bag with such clumsy haste that he cut his finger.

Jem Pound sat like a man turned to stone. The little bag was still in his left hand, and the knife; his right hand was empty the contents of the bag, a lock of light hair, had fallen from his right palm to the ground, where it lay all together, for there was no wind to scatter it.

Jem Pound's expression was one of blank, unspeakable, illimitable disappointment; suddenly he looked up, and it turned to a grimace of speechless terror.

The barrel of the other revolver covered him.

Bleeding terribly from the bullet in his lungs, but stunned by the fall on his head, Ned Ryan had recovered consciousness in time to see Pound rip open the oiled-silk bag, in time to smile faintly at what followed—and to square accounts.

Ryan did not speak. The faint smile had faded from his face. In the relentless glare that took its place the doomed wretch, sitting in a heap on the low parapet, read his death-warrant.

There was a pause, a hush, of very few moments. Pound tried to use his tongue, but, like his lips, it was paralysed. Then the echoes of the cliff resounded with a second, short, sharp pistol shot, and when the white smoke cleared away the parapet was bare; Jem Pound had vanished; the account was squared.

Ryan fell back. The pistol dropped from his hand. Again he became well-nigh senseless, but this time consciousness refused to forsake him utterly; he rallied. Presently he fell to piecing together, in jerky, delirious fashion, the events of the last few minutes—or hours, he did not know which—but it was all the same to him now. The circumstances came back to him vividly enough, if out of their proper sequence. That which had happened at the moment his senses fled from him was clearest and uppermost in his mind at first.

"The cur!" he feebly moaned. "He gave me no show. He has killed me—I am bleeding to death and not a soul to stop it or stand by me!"

Yet, very lately, he had decided that his life was valueless, and even thought of ending it by his own hand. Some dim reflection of this recent attitude of mind perhaps influenced him still, for, if an incoherent mind can be said to reason, his first reasoning was somewhat in this strain:

"Why should I mind? Who am I any good to, I should like to know? What right have I to live any more? None! I'm ready. I've faced it night and day these four years, and not for nothing—not to flinch now it's here!... And hasn't my life been gay enough, and wild enough, and long enough?... I said I'd die in the bush, and so I will—here, on these blessed old ranges. But stop! I didn't mean to be shot by a mate—I didn't mean that. A mate? A traitor! What shall we do with him?"

His mind had annihilated space: it had flown back to the bush.

A curious smile flickered over Ryan's face in answer to his own question.

"What have I done with him?" he muttered.

He raised himself on his elbows and looked towards the spot where he had seen Pound last. The formation of the parapet seemed to puzzle him. It was unlike the ranges.

"He was always the worst of us, that Jem Pound," he went rambling on; "the worst of a bad lot, I know. But those murders were his doing. So at last we chucked him overboard. And now he's come back and murdered me. As to that, I reckon we're about quits, with the bulge on my side. Never mind, Jem Pound"—with a sudden spice of grim humour—"we'll meet again directly. Your revenge'll keep till then, old son!"

All this time Ryan's brain was in a state of twilight. He now lay still and quiet, and began to forget again. But he could not keep his eyes long from the spot whence Pound had disappeared, and presently, after a fruitless effort to stand upright, he crawled to the parapet, slowly lifted himself, and hung over it, gazing down below.

Nothing to be seen; nothing but the tops of the fir-trees. Nothing to be heard; for the fir-trees were asleep in the still, heavy atmosphere, and the summer rain made no noise. He raised his head until his eyes fell upon the broad flat table-land. The air was not clear, as it had been in the morning. That pall of black smoke covering the distant town was invisible, for the horizon was far nearer, misty and indeterminate; and his eyes were dim as they never had been before. The line of white smoke left by an engine that crept lazily across the quiet country was what he saw clearest; the tinkling of a bell—for Sunday-school, most likely—down in one of the hamlets that he could not see, was the only sound that reached his ears.

Yet he was struggling to recognise as much as he could see, vaguely feeling that it was not altogether new to him. It was the struggle of complete consciousness returning.

He was exhausted again; he fell back into the road. Then it was that he noticed the parapet streaming with blood at the spot where he had hung over it. To think that the coward Pound should have bled so freely in so short a time! And how strange that he, Ned Ryan, should not have observed that blood before he had drenched himself in it! No! Stop! It was his own blood! He was shot; he was dying; he was bleeding to his death—alone—away from the world!

A low moan—a kind of sob—escaped him. He lay still for some minutes. Then, with another effort, he raised himself on his elbow and looked about him. The first thing that he saw—close to him, within his reach—was that fatal tress of light-coloured hair!

In a flash his mind was illumined to the innermost recesses, and clear from that moment.