could git away without a doubt to the Texan army."

"But not having them," said Obed, "we'll even do the best we can, if the Mexicans, having run away, come back to fight another day."

"So we will," said a stalwart Texan named Fields. "That Urrea don't get me again, and if I ain't mistook your friend here is Mr. Palmer, better known in our parts as the Ring Tailed Panther, ain't he?"

Ned saw the Panther's huge form swell. He still wore the great serape, which shone in the firelight with a deep blood-red tinge.

"I am the Ring Tailed Panther," he said proudly.

"Then lemme shake your hand. You an' your pards have done a job to-night that ain't had its like often, and me bein' one of them that's profited by it makes it look all the bigger to me."

The Panther graciously extended an enormous palm, and the great palm of Fields met it in a giant clasp. A smile lighted up the somber face of Mr. Roylston as he looked at them.

"Often we find powerful friends when we least expect them," he said.

"As you are the worst hurt of the lot," said the Panther, "we're going to make you a bed right here by the fire. No, it ain't any use sayin' you won't lay down on it. If you won't we'll jest have to put you down."

They spread a blanket, upon which the exhausted merchant lay, and they covered him with a serape. Soon he fell asleep, and then Fields said to Ned and his comrades:

"You fellows have done all the work, an' you've piled up such a mountain of debt against us that we can never wipe it out. Now you go to sleep and four of us will watch. And, knowin' what would happen to us if we were caught, we'll watch well. But nothing is to be expected to-night."

"Suits us," said Obed. "Some must watch while others sleep, so runs the world away. Bet you a dollar, Ned, that I'm off to Slumberland before you are."

"I don't take the bet," said Ned, "but I'll run you an even race."

In exactly five minutes the two, rolled in their own blankets, slept soundly. All the others soon followed, except four, who, unlike the Mexicans, kept a watch that missed nothing.

CHAPTER III

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