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say that you should know at once," she explained hurriedly, averting her gaze. She seemed very much upset. He hastened away to post McCorquodale and Svenson to watch for further demonstrations from the enemy. There was no sign of any intention on the part of Red McIvor's men to assault the impregnable position. The whole gang seemed to have drawn off, for the present at least, and it would be impossible for any of them to creep up the hill without giving ample warning of their approach. So, cautioning both to keep their ears open and to call him at the first sign of further trouble, he slipped back to hear what Stiles had to say. The story of the bookkeeper's strange experience was so absorbing that it was not long before both his auditors completely forgot their surroundings. The gang of toughs in the camp below were running a consignment of cheap whisky and rum into the north country for distribution among the camps and various unscrupulous traders who would supply it to lumberjacks, trappers, construction gangs and even Indians in due season. This Red McIvor was a notorious character who was known in many an out-of-the-way corner of the North for the boldness of his operations and his defiance of the law. But is [Transcriber's note: it?] was not just chance that had brought him into this part of the country on his present expedition. It was the money hidden in the stump. McIvor was open for any sideline in dishonesty that gave promise of lucrative returns and his agent, Weiler, had been very busy in Toronto recently. Somebody had tipped J. C. Nickleby as to Podmore's underhand activities--Ferguson, the lawyer, Stiles thought; but was not sure--and Podmore had been watched closely and followed when he started West. Word had been passed to Red McIvor, who had lost no time in getting on the trail of this fifty-thousand-dollar pick-me-up, with the result that he had reached out a hairy arm, twisted his fingers in Mr. Podmore's coat-collar and calmly dispossessed him of the sealed envelope which he had recovered from the stump. The chase which had ended thus had not been prolonged, as the city man had been no match for the experienced woodsman in the latter's own environment. When McIvor found that all he had for his efforts was a package of worthless stage money he was furious. He at once concluded that Podmore had tricked him and had hidden the real money. He trusted his eastern agent implicitly an
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