"If Barton Pelter wrote that letter we ought to locate him without delay," was Sam's comment. "He may know just where the missing bonds are."
"Or else where we can locate his uncle and Japson."
"Wait a minute!" cried Dick. "You forget that Japson has been away from New York for some time. The detective told me that, and said it was positive. So that would seem to put the thing off on Pelter's shoulders; and I think Pelter is just the man to do such a thing. You'll remember how bitter he was against us when we exposed him."
"Then let us locate Jesse Pelter without delay," broke in Tom. "It ought to be easy, unless he is in hiding."
"If he's got our bonds he'll certainly do his best to keep out of our way," returned Dick, grimly. "I think the best we can do first of all is to locate Barton Pelter and make him tell us all he knows."
"He said he had a chance of a position as a traveling salesman."
"Did he say for whom?"
"He mentioned 'The Consolidated Cream Cracker Company,' whatever that is."
"Let us call them up and find out," said Dick.
By consulting the telephone directory, the boys were soon in communication with the cracker company in question. They were informed that Barton Pelter had been taken on as a salesman the day before, and had left that evening for a trip through the Middle West. It was not known on what train he had departed.