"Very true. Just the same, many a man has been convicted on what they call circumstantial evidence; and evidently the circumstantial evidence against Jack and Fred is pretty strong."

In the guardroom the time for Jack and Fred passed slowly. They discussed the situation from every possible point of view, but without arriving at any satisfactory conclusion.

"Even if they don't send us to prison for the crime, they may make our fathers' pay for the cows," said Jack.

"Yes. And Colonel Colby may send us home," added Fred, dismally. "Oh, dear! wouldn't that be the worst ever?" and he sank down on the cot and covered his face with his hands.

It was Martell and Brown, aided by Codfish, who saw to it that the report of Jack and Fred's arrest was carried to Clearwater Hall. This brought consternation to the girls, particularly to Ruth and May.

"I won't believe it!" declared Ruth. "I don't believe Jack and Fred would be so mean."

"I don't believe it either!" cried Spouter's cousin. "Somebody else must have done it!"

In the middle of the afternoon Colonel Colby returned to the Hall and was at once acquainted with the affair by Captain Dale. The colonel was on the point of questioning the two prisoners when a servant came in, announcing the arrival of Elias Lacy. The farmer was as wildly excited as he had been in the morning.

"I knowed I was right!" he cried, flourishing a letter in the colonel's face. "Here's something I got to prove it! It come by mail this mornin' when I was bringin' them young whelps over here. I put the letter in my pocket, an' I forgot all about it until an hour ago. Jest read that, will you?" and he thrust the communication into Colonel Colby's hand.

The letter was postmarked at Beach Haven, and had been mailed the evening previous. It was written in a slanting backhand, evidently disguised, and ran as follows: