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The narrator is talking about Peyton Farquhar, the main character of the story. The story opens when Farquhar is about to be hanged for trying to blow up a bridge for the Confederates. What is interesting about the narration of the story is that the narrator makes the reader think that Farquhar survives the hanging because the rope broke. It isn't until the end of the story that the reader is told that he did hang. Part III is only in the imagination of Farquhar just before he hangs.
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