"Why, that's the city we stop at to take the boat for Putnam Hall,"
exclaimed Dick.

"I know it."

"This is interesting, to say the least," was the comment of the oldest
Rover boy. "Wonder if Dangler has friends or confederates in Ithaca?"

"We must notify the police of this," said Tom. "And the sooner the
better."

Satisfied that they could learn nothing more by remaining around the log
cabin, the boys departed, and inside of an hour were on their buckboard
and bound for the farm. From that place they called up the authorities
and informed them of what they had learned. Another search was at once
instituted for Bill Dangler, but the rascal was not captured.

The next day Mr. Anderson Rover came home, and the boys and Randolph
Rover had to acquaint him with all that had taken place. He shook his
head when he heard of the unregistered bonds.

"I am afraid you will never see them again, Randolph," he said to his
brother.

"I am afraid so myself," was the mournful reply.

Anderson Rover had come home to see his boys off to school.

"I want you to make the most of your opportunities while at Putnam Hall
this term," he said, "for it is to be your last."

"Yes, I know that," answered Tom. "But after that, what?"

"We will talk that over later, Tom. You must either go to college or get
ready to go into business."

"I'd like to go to college!" put in Dick.

"So would I--if I knew what kind of a place it was," added Tom.

"If it was as fine a place as Putnam Hall I'd jump at it," came from
Sam.

The next few days flew by quickly. During that time Dick received a
letter from Dan Baxter, the former bully of Putnam Hall, which
interested him not a little. This letter ran, in part, as follows:

"I am glad to say that I am now doing fairly well. I tried several
positions and am now a traveling salesman for a large carpet house. I
get fifteen dollars per week, all my expenses, and a commission on
sales, so I consider myself lucky.

"When I look back on what I once was, Dick, I can scarcely realize what
a change has come. But I feel happier than I ever was, and I am in hopes
that I shall live to make a man of myself yet. I am trying to give up
all my bad habits, and I haven't smoked, or drank a glass of liquor,
since I left you in the south."

* * * * *

"That's the kind of a letter I like to get," said Dick, as he let his
brothers peruse the communication. "It does a fellow's hear