"I have my skates," said Fred Garrison. "Brand new pair."

"My skates were old," said Tom. "I must strike Captain Putnam for a couple of dollars of my allowance and buy a new pair."

"So must I!" put in Sam. "Dick, I know, has his skates."

It was early in December, and it had been growing colder steadily. There had been one fall of snow, but it had amounted to but little.

The next day skating in the cove of the lake near Putnam Hall was excellent, the ice being from three to four inches thick. At once Sam and Tom went to Captain Putnam.

"Want to buy some skates?" said the captain. "Well, the money I am keeping is your own, and I presume every boy likes to skate. Here are two dollars for each of you. Show me your purchases when you get back."

"We will," replied the lads, and hurried off, for time was precious, with the smooth ice waiting for them. They knew that a certain hardware dealer in Cedarville had a good quantity of skates on hand, and started to walk to the village without delay.

"Baxter is going to buy a pair of skates, too," said Sam, on the way. "I heard him telling Mumps about it."

"Well, we don't want Baxter for company," answered Tom. "He can go alone."

It did not take the lads long to reach Cedarville, but once at the hardware store considerable time was lost in getting just the skates desired.