"Beans, that's all, and not much of that. Unless we get the stuff down there, we won't have another meal to-day."

The other two boys began preparing for the camp-fire. Ned had been gone only a few moments when he returned on a run.

"Boys! Boys!" he cried.

"What is it? What is it?" they exclaimed in sudden alarm.

"The ponies! The ponies!"

"What about them?" asked Walter, pausing as he was about to strike a match to the wood.

"Yes, what of them, Master Ned? Has anything happened to them?" asked the Professor, striding toward the excited Ned Rector.

"Happened? I should say there had—"

"Well, what is it? Don't keep us waiting in suspense all—"

"They're gone!"