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N A summer’s day, while the city was rocking with the din and red uproar of patriotism, Billy Casparis told me this story.

In his way, Billy is Ulysses, Jr. Like Satan, he comes from going to and fro upon the earth and walking up and down in it. To-morrow morning while you are cracking your breakfast egg he may be off with his little alligator grip to boom a town site in the middle of Lake Okeechobee or to trade horses with the Patagonians.

We sat at a little, round table, and between us were glasses holding big lumps of ice, and above us leaned an artificial palm. And because our scene was set with the properties of the one they recalled to his mind, Billy was stirred to narrative.

“It reminds me,” said he, “of a Fourth I helped to celebrate down in Salvador. ’Twas while I was running an ice factory down there, after I unloaded that silver mine I had in Colorado. I had what they called a ‘conditional concession.’ They made me put up a thousand dollars cash forfeit that I would make ice continuously for six months. If I did that I could draw down my ante. If I failed to do so the government took the pot. So the