f
vast limits of growing spruce was necessary to the control of the
valley. He must own more timber thereabouts than anybody else. He must
dominate the timber situation. To a man whose total resources totaled a
matter of fifty thousand dollars--the bulk of which was tied up in a dam
and boom company as yet unproductive--this looked like a mouthful beyond
his capacity to bite off. Even with timber in the back reaches selling
at sixty-six cents an acre, a hundred thousand acres meant an investment
of sixty-six thousand dollars. True, Scattergood could look forward to
the day when that same timberland would be worth ten dollars an acre--a
million dollars--but looking ahead would not produce a cent to-day.

Of timberlands, whose cut logs must go down Coldriver Valley to reach a
market, Scattergood's maps showed him there were probably a quarter of a
million acres--mostly spruce. Estimating with rigid conservatism, this
would run eight thousand feet to the acre, or twenty billion feet of
timber--and this did not take into consideration hardwood. In
Scattergood's secret heart he wanted it _all_. All he might not be able
to get, but he must have more than half--and that half distributed
strategically.

It will be seen that Scattergood was content to wait. His motto was,
"Grab a dollar to-day--but don't meddle with it if it interferes with a
thousand dollars in ten years."

Scattergood's maps had been the work of two years. That they were
accurate he knew, because he had set down on them most of the facts they
showed. They were valuable, for, in Scattergood's rude printing, one
could read upon them the owner of every piece of timber, every farm, the
acreage in each piece of timber, with a careful estimate of the amount
of timber to the acre--also its proportions of spruce, beech, birch,
maple, ash.

Toward the head of the valley, where good timber was thickest,
Scattergood's map showed how it spread out like a fan, with the two main
branches of Coldriver and numerous brooks as the ribs. Then, down the
length of the stream, were parallel bands of it. On the map one could
see what this timber could be bought for; prices ranging from two
dollars and a half an acre down the main river to sixty-six cents at the
extremity of the fan.

As Scattergood studied his maps he saw, far in the future, perhaps, but
clearly and distinctly and certainly, two parallel lines running up the
river to his village; he saw, branching off from a s