"How do you know, Bart?"
"Because he hasn't any. He asked for credit at the store yesterday—to buy some cigarettes—and the shopkeeper refused, saying Ritter owed him eighty cents already."
"Humph!" mused Pepper, and said no more.
"Come on—forget it!" cried Jack. "We'll celebrate anyway."
"We've got other barrels," came from Dale.
The cadets rushed out and to the lake-shore, and soon several bonfires were blazing merrily. Around these the students congregated, and sang songs and "cut up" generally. Dale had to make a speech, and the boys caught him up on their shoulders and carried him around the campus.
"Isn't it grand!" murmured Bert Field. "I am mighty glad I came to Putnam Hall."
"So am I," answered Fred Century. "It's much different from what it was at Pornell Academy."
"It was a great victory, Fred, wasn't it?"
"It certainly was, Bert. I am only sorry for one thing."