“It certainly looks so,” returned Boxy. “Well, he deserves it, although I kind of hoped Harry would get that prize and be able to turn it into money.”

“Jack said he would lend Harry the money if he won the medal,” said Andy. “He said it just before they started.”

“Good for Jack,” returned Boxy. “In that case I certainly don’t begrudge him the token.”

On and on went the skaters, until the turning point was reached, and Jack shot around it in as small a curve as he could make without slipping, and directly on his heels followed Sully.

But the bully and Jack were both becoming winded, and they could not keep up the pace. Harry, on the contrary, had got his second wind, and now he put on a spurt that brought him up yard by yard to the others.

“Harry Webb is gaining on them!”

“Sully is losing ground on Bascoe!”

“Harry is up to Sully!”

“What’s the matter with Jack? Is he out of wind?”

“He must be. See! see! Harry is right on Jack’s heels!”