"Oh, dear, Papa Sherwood!" gasped Nan. "What is the matter with that horrid man? He says the most dreadful things about you!"

"What's that?" demanded her father, quickly. "What do you know about Bulson?"

"More than I really want to know about him," said Nan, ruefully. She related briefly what had happened a few days before on Pendragon Hill. "And when he called you a rascal, I—oh! I was very, very angry! What did he mean, Papa Sherwood?"

But her father postponed his explanation until later; and it was really from her mother that Nan heard the story of Mr. Sherwood's trouble with Ravell Bulson. Mrs. Sherwood was very indignant about it, and so, of course, was Nan.

A week or more before, Mr. Sherwood had had business in Chicago, and in returning took the midnight train. The sleeping car was side-tracked at Tillbury and when most of the passengers were gone the man in the berth under Mr. Sherwood's began to rave about having been robbed. His watch and roll of banknotes had disappeared.

The victim of the robbery was Mr. Ravell Bulson. Mr. Bulson had at once accused the person occupying the berth over his as being the guilty person. Nan's father had got up early, and had left the sleeping car long before Mr. Bulson discovered his loss.

The railroad and the sleeping car company, of course, refused to acknowledge responsibility for Mr. Bulson's valuables. Nor on mere suspicion could Mr. Bulson get a justice in Tillbury to issue a warrant for Mr. Sherwood.

But Ravell Bulson had been to the Sherwood cottage on Amity Street, and had talked very harshly. Besides, the fat man had in public loudly accused his victim of being dishonest.

Mr. Sherwood's reputation for probity in Tillbury was well founded; he was liked and respected; those who really knew him would not be influenced by such a scandal.

But as Mr. Sherwood was making plans to open an agency in Tillbury for a certain automobile manufacturing concern, he feared that the report of Mr. Bulson's charge would injure his usefulness to the corporation he was about to represent. To sue Bulson for slander would merely give wider circulation to the story the fat man had originated.