"It's not a thing—I want to speak of," was the answer. "He knows that I know things that he can't afford to have get out,—that's all." Then, turning suddenly, "Mr. Halsey," said he, "there's things going on in this school the Doctor ought to know. I can't tell him or tell you, but you—you ask John where Joy's watch went and how it got there."

The master started, and his dark face grew darker still. That business of Joy's watch had been the scandal of the school all October. Joy was one of the leaders of the First Latin, a member of one of the oldest families of Gotham, and this watch was a beautiful and costly thing that had been given him on his birthday the year before. One hot Friday noon when the school went out to recess, Joy came running back up the stairs from the street below and began searching eagerly about the bookcases at the back of the long school-room. A pale-faced junior master sat mopping the sweat from his forehead, for the First Latin had executed its famous charge but two minutes before, and he had striven in vain to quell the tumult.

"What's the matter, Joy?" he asked. "I beg pardon. Mr. Joy, I should say. I wonder that I am so forgetful as to speak to a young gentleman in the First Latin as I would to boys in the other forms in the school."

At other times when the weakling who had so spoken gave voice to this sentiment it was the conventional thing for the First Latin to gaze stolidly at him and, by way of acknowledgment of the sentiment, to utter a low, moaning sound, like that of a beast in pain, gradually rising to a dull roar, then dying away to a murmur again, accentuated occasionally here and there by deep gutturals, "Hoi! hoi! hoi!" and in this inarticulate chorus was Joy ever the fugleman. But now, with troubled eyes, he stared at the master.

"My watch is gone, sir!"

"Gone, Mr. Joy? You terrify me!" said Mr. Meeker, whose habit it was to use exaggerated speech. "When—and how?"

"While we were—having that scrimmage just now," answered Joy, searching about the floor and the benches. "I had it—looked at it—not two minutes before the bell struck. You may remember, sir, you bade me put it up."

"I do remember. And when did you first miss it?"

"Before we got across Twenty-fifth Street, sir."

By this time, with sympathetic faces, back came Carey and Doremus and Bertram and others of the First Latin, and John, the janitor, stood at the door and looked on with puzzled eyes. It was not good for him that valuables should be lost at any time about the school. All four young fellows searched, but there was no sign. From that day to this Joy had seen no more of his beautiful watch. Detectives had sought in vain. Pawn-shops were ransacked. The Doctor had offered reward and Mr. Meeker, the master, his resignation, but neither was accepted.