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are scarce,” replied Vance, without lifting his eyes from the copy he was revising.

      “Scarce!” chimed in the city editor, “I should say so. We have not had such a thing as a ‘scoop’ about the office for six months.”

      “Journalism,” observed the dramatic critic, “is, without question, the king of professions. Here we see life in its every phase.”

      “I am beginning to think,” said Vance, “that journalism is a drudgery without hope or reward.”

      “You astonish me,” replied the religious editor. “Why, Vance,” he continued, knocking the ashes from his cigarette, “a fellow with as bright a future in the profession as you have, making such a remark as that, causes me to think you are growing cynical. Think of the opportunities which journalism affords.”

      “What opportunities,” replied Vance, “have I, or you, or any other members of the staff, excepting those we have no right to take advantage of? I freely admit that there is a fascination about the profession of journalism; an influence, if you please, that holds us in the rut, much the same as the current of a mighty river – always drawing everything into the center where the current is swiftest – but the individuality of the most talented among us is completely lost in the great octopus that we are daily and nightly striving with our best efforts of brawn and brain to keep supplied with news.”

      “Bravo!” shouted the police reporter. “There is not an ordinary prize-fighter in the land but has more individual reputation than any of us. Vance is about right in his position.”

      At this juncture of their conversation, a note was handed to Vance. It was a polite request to report at the chief’s private room at ten o’clock the next morning. After hastily glancing over it, Vance read it aloud.

      “I say, Vance, old boy, that’s a little rough; and still,” continued the religious editor, between vigorous puffs of his cigarette, “it may be a step up.”

      It was an open question with members of the force whether a formal summons into the presence of the chief, without any intimation of the nature of the interview, was a good omen or otherwise.

      “Possibly,” responded Vance, “but I rather surmise it is a step out.”

      “The evil is sufficient unto the day thereof,” observed the dramatic critic. “It is twelve o’clock, boys; let us adjourn to the ‘realm of pie,’ and there we will discuss the unlooked-for summons.”

      A half dozen as jolly young fellows as could be found anywhere, were soon seated in a private room at Thompson’s cafe, partaking of the reporter’s stereotyped lunch. As a result of their deliberations, there were many hopeful expressions made for the benefit of Vance. There was an under-current, however, of unmistakable belief, which Vance was not slow to perceive and share, that his interview with the chief would not result satisfactorily.

      The dramatic critic soon drifted to the leeward of the question, and with almost forced vivaciousness recounted the latest hit of a jolly little soubrette dancer at Madison Square Gardens. His description was not only interesting, but a welcome diversion from the somber subject that might mean a separation of Vance from the staff. The religious editor took up the cue where the dramatic critic let go, and commenced swearing in newspaper parlance about the unsatisfactory work he was doing in his department.

      The police reporter came in for a description of a “knock-out” he had witnessed in the Bowery, and for the edification of his associates, explained the difference between a “shoulder-strike” and an “undercut.”

      On returning to their respective posts of duty, there was but little said, but it was noticeable that Vance was bid good night with more consideration than usual.

      As Vance hurried along toward the elevated road, his thoughts were again filled with that demure little Louise, a product of the great mountains of the west. With her had come a hope – perhaps only a visionary one – stimulated by the enthusiasm of the old miner. He did not pause to analyze the sustaining hope which he experienced; he only knew that it took off the keen edge of anxiety which otherwise he would have felt concerning his coming interview with the chief.

      CHAPTER IV – A SUPPER PARTY

      AT TEN O’.LOCK the following morning, Vance sent in his card to the chief, and was immediately admitted to his presence. “Good morning, Mr. Gilder.”

      “Good morning, sir,” was Vance’s prompt reply.

      “I sent for you,” said the chief, as he industriously looked over a bundle of papers on his desk, “To discuss a matter I have had in mind for some time.”

      “Yes, sir,” was Vance’s laconic reply.

      The chief having found the paper he evidently had been searching for, motioned Vance to be seated, and turning to him, asked:

      “Have you ever traveled much in the west?”

      “Have never been west of Buffalo.”

      “Your work,” observed the chief, “has been very satisfactory – I may say, especially so – and it is the policy of the Banner not only to reward those who have talent, but also to keep pace with the times, and give its readers reliable information upon all questions of moment and importance. The great Northwest has been opening up for the last half century. There have been booms and counter-booms out in that country, spasmodically, for many years, and a great many fortunes have been lost by ill advised investors, but I am not personally familiar with anyone who has bettered his condition in western speculations. Just at the present time the northwest is attracting, as you are doubtless aware, considerable attention, and the effort to popularize it by the western press, seems unabating. Our eastern people, even some of the oldest families of New York, are becoming poisoned with the virus of western investments. My private opinion is that instead of receiving dividends on these holdings, they will lose principal and all.

      “We want,” said he, “a level-headed correspondent in that western country. Mark, I say level-headed, for the reason that not infrequently an eastern man, especially if he is unacquainted with the wonderland of the west, loses his head, figuratively speaking, and becomes won over by the fairy tales of prospective wealth, as told by the average real estate boomer.

      “You, Mr. Gilder,” said the chief, eying Vance with great directness, “have been selected for this important position of trust. I might,” he continued, as if it were an afterthought, “modify my remarks by saying there are some places in the west worthy of credence, possessing real merit; but in nine cases out of ten, the new towns that are ringing up throughout the north western portion of the United States are, in my judgment, intangible as moonshine. In short, there is entirely too much capital flowing from the east into those wildcat western speculations, and we desire to give a series of letters descriptive of that country to the readers of the Banner, containing the facts stripped of all allurement, and dissuade them from such unstable investments as are daily being made.

      "I deem,” continued the chief, “these few suggestions necessary for your good in governing the character of your correspondence from that western country to the columns of the Banner. I shall expect you to be ready tomorrow evening, and start on the six o’clock train. As you will probably be away for some time, it would be well for you to arrange your private affairs accordingly.

      Call tomorrow at eleven o’clock, and I will have ready the necessary credentials, transports and instructions.”

      Vance bowed his acquiescence and turned to go, when the chief said, “By the way, instead of $40 a week, your present salary, you will receive $60 and expenses, which doubtless will be satisfactory.”

      Vance attempted to express his appreciation of the confidence that had been reposed in him, of so important an undertaking; but the chief waved him to silence and muttered something about “time being money,” and at once turned to other affairs that were awaiting his attention.

      That afternoon Vance was not found among the staff, and a new man occupied his chair. He called on Thomas Patten, Esq., the attorney who had represented the Gilder family for many years, and named in his

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