that it was Link Merwell under an assumed name. Finally a visit had been paid to the rooms Haskers and Merwell had occupied, and both had been found vacated, with the keys sticking in the locks.

   "And neither of 'em stopped to pay his bill," the clerk had told them, mournfully.

   "I am not surprised," Dave had answered. "They are a bad pair."

   The clerk had wanted to know the particulars, and the boys had told him as much as they deemed necessary. Then they had come out on the piazza of the hostelry, wondering what they ought to do next.

   "I don't think it is worth while trying to follow them up," said the senator's son. "If you caught Merwell you would have to appear in court against him, and you know what a lot of trouble you had appearing against Jasniff;" and this statement was true.

   "Oh, let them go!" cried Phil. "Say," he added, "did you hear what Link said about bleeding his dad for money? Isn't he the limit!"

   "That proves he isn't working for a living," remarked Dave. "And to think that he told me he was going to reform!"

   "That sort of a chap doesn't reform," asserted Roger.

   "Oh, I don't know. Gus Plum reformed."

   "Yes, but Plum isn't like Merwell, or Jasniff. He was simply overbearing. These other fellows are downright dishonest."

   The four boys walked back to the automobile, and soon they were returning to the hotel at which Bert was staying. By that time it was close to the lunch hour and so the visitors were invited to stay over for something to eat.

   "Didn't catch that man Haskers, eh?" remarked Mr. Passmore, as he came up, in company with Mr. Fordham.

   "No, he ran away," answered Roger, and then he and the others told of what had occurred.

   "I am very thankful to you for saving me from a bad investment," said Mr. Fordham. "I shall not forget it." And he kept his word, for later on, after he had consulted with his son and found out just how worthless was the stock in the Sunset Milling Company, he sent each of the boys a fine pair of gold cuff-links.

   After lunch the lads remained with Bert for about an hour and then took their departure for Roger's home, where they arrived some time 

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