Frank knew now that there was a "job" to knife him in the race. Rattleton and Diamond were on hand, and they took turns in helping Toots keep guard over Nemo.
Merriwell was angry. He went out looking for John Baldwin. When he found Baldwin he offered to bet all the money he had about him that Nemo would take either the first or the second purse. Baldwin snapped at the bet in a manner that showed he believed he had a "soft thing."
"You'll go back to Yale broke," he sneered.
"Don't let that worry you," returned Frank, coolly. "It strikes me that the fellow who is furnishing you with cash stands a chance of dropping something."
"You say that very mildly. You're scared now."
"If I had more money about my clothes I'd put it all up."
"That shows what an easy thing you are. I'll take your paper against my good money, and now you don't dare do a thing."
"How much do you want to risk that way?"
"Any sum you like."