"Supposing I won't?"

"Then I'll call help, and advise Jack to have you arrested."

"Going to run the whole school, aren't you?"

"I am going to run this affair, Ritter. Now leave the boat."

"Oh, I'll leave," muttered the bully, and walking to the side, he sprang down to the float. Then he ran to the boathouse and placed the ax inside. "Don't you dare to mention this to anybody!" he shouted as he reappeared. "If you do, you'll get yourself in hot water. My word is as good as yours." And then he turned and ran towards the school building.

Pepper watched him out of sight.

"No use of reporting this to Captain Putnam," he reasoned. "Ritter would, of course, deny everything. Wonder if he did much damage?"

Pepper made an examination. Luckily the bully had not had time to get in his nefarious work to any extent, and the bottom of the sloop showed only two slight ax cuts, not deep enough to do harm.

"Caught him just in time," thought Pepper, and then he sat down on the stern seat and munched away at the sandwich and cake, washing the stuff down with a drink from the cooler in the boathouse.

By the time he had finished, the other cadets were coming from their supper, and soon he was joined by Jack, Dale and several others. In private, he told the young major of what had occurred.