"Mrs. Davis is resting nicely," she whispered. "It would only excite her to see you to-night. Just wait outside, and I will slip away and join you in a few minutes."

Mrs. Fairbanks was soon on the way homeward with Ralph. She explained that Mrs. Davis was quite unwell and nervous. She had stayed with her and nursed her, and left her comfortable for the night.

"She gave me the ten dollars for you, Ralph," said Mrs. Fairbanks, "but she said very little about the bonds. I have an idea that she knows something about them, and I think she has been writing to Gasper Farrington. The last thing she said as I left her, was for both of us to come to see her to-morrow night. She said she would get something in the meantime she had placed with a friend to show us, in which we would both be interested."

Ralph said nothing to his mother about meeting Van, nor did he mention Farrington's visit to the Davis home. He did not wish to worry his mother, and he hoped that another twenty-four hours might somewhat clear the situation.

Of course Mrs. Fairbanks was more than pleased over her present of the new hat. Her son's recital of the tiger episode frightened and thrilled her by turns.

Ralph did a good deal of thinking after getting to bed. He wondered if Mrs. Davis was up to any double-dealing. Perhaps she knew something of importance about the bonds. She might have come to Stanley Junction to sell her secret to Farrington. Possibly later she became undecided as to her course, her accidental meeting with Ralph moving her to favor him in the matter.

Ralph guessed that no one but Farwell Gibson could have sent Van to Stanley Junction. Gibson had been mixed up in the matter of his father's railroad bonds, years back. Was there some kind of a three-cornered complication, in which Farrington, Gibson, and Mrs. Davis each had a share, and all three playing at cross-purposes?

At ten o'clock that night the local newspaper left the press, weighted with the biggest sensation of the year, but Ralph did not know it.

He was made aware of it next morning, however, as he left the house. Ned Talcott, an old school chum, came running up to him fluttering a freshly-printed sheet.

"Did you see it? Did you really do all that?" he demanded, in breathless excitement.