"So you know these fellows?" said one of the men.

"Of course I do. I was telling Sack Todd about them. I used to go to school with them. What are they doing here?"

"The boss and Jimson found them spying around the place."

"Oh, I see." Dan Baxter grinned. "So you've got yourselves in a nice pickle, eh?"

"Baxter, have you joined this crowd?" asked Dick.

The bully started.

"Why—that's my business," he stammered.

"Perhaps it is, but you might be in something better," put in Sam.

"Oh, you needn't preach to me!"

"Don't you know that these men are counterfeiters?" added Dick.