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lopes as far as the eye could reach. Great herds of cattle dotted the expanse, and here and there could be seen a mounted cowboy, winding in and out among the stock. Dark lines at short intervals marked the course of artificial canals, that were fed by a series of pipes from brooks back in the mountains. There was an inexhaustible supply of sparkling water, and it was evident that the fortunate owner of this ranch was forever secure against drought--that scourge of the Western plains. "It must have cost a mint of money to do all that piping and digging," suggested Bert as his eyes took in the vast extent of the operations. "Yes, a good many thousands," assented his host, "but it pays to do things right. I've already got back a good many times over all that it cost. A single hot barren summer would destroy thousands of head of cattle, to say nothing of the suffering of the poor brutes. And those that didn't die would be so worn to skin and bone that they'd hardly pay the expense of shipping them to market. The only way to make money in ranching nowadays is to do things on a big scale and take advantage of all up-to-date ideas. "A good many people," he went on, "have an idea that if a man has a good ranch and a few thousand head of stock he's found a short and easy way to riches. That doesn't follow at all. There are just as many chances, just as many ups and downs as in any other business. I know lots of men that once were prosperous ranchers who to-day are down and out, and that too through no fault of their own. Sometimes it's a disease that comes along and sweeps away half of your herd at a single stroke. The drought gets them in summer and a blizzard covers them up in winter. Then, too, there are the cattle rustlers that, in the course of a season, often get away with hundreds of them, change the brand and send them away to their confederates. Many of them are stung by rattlesnakes. The wolves, in a hard winter, pull down a lot of the cows, and sometimes, though not so often, the grizzlies get after them. Take all these things into account, figure up the payroll for the help, the freight charges on your shipments, and it's no wonder that many a man finds a balance on the wrong side of the ledger in lean seasons. No, it isn't all 'peaches and cream' in ranching." "You spoke of grizzlies a minute ago," said Dick, whose sporting blood had tingled at mention of the name. "Are there many of those fellows around he
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