"I've got something unpleasant to say," he announced, raising his voice.

"Hush! hush! hush! what's the row?" asked half a dozen at once.

"The whole of the cricket money, some six pounds at least, has vanished from the box in my study!"

For an instant the whole room was silent; Wildney and Graham interchanged anxious glances.

"Does any fellow know anything about this?"

All, or most, had a vague suspicion, but no one spoke.

"Where is Williams?" asked one of the sixth form casually.

"He's taking tea with the Doctor," said Wildney.

Mr. Rose came in, and there was no opportunity for more to be said, except in confidential whispers.

Duncan went up with Owen and Montagu to their study. "What's to be done?" was the general question.