"I don't mean that I know anything about this particular five dollar bill, but I know something about this counterfeit money in general. As a matter of fact, that is why this trip took me longer than I had thought it would. When I finished the case that originally took me away, the Government called me in on this counterfeit money case."

"Is there a lot of it going around?"

"Too much. Within the past few weeks the East has been flooded with it, and the circulation seems to be spreading. There seems to be a central counterfeiting plant somewhere, with experts in charge of it, and they are turning out imitation bills so clever that the average person can hardly detect them. The Federal authorities are worrying a great deal about it."

"And this is one of the bills?"

"It looks just like some of the others that have been turned in, although chiefly they have been dealing in tens and twenties. The man who stepped off the train was probably one of their agents, trying to convert as much of the counterfeit money into good cash as he could. When he saw that you were only boys he thought there would be a better chance of getting change for five dollars than ten. Then, of course, he may only have been some one who had been fooled by the counterfeit and decided to get rid of it by passing it on to some one else."

"I wish he had asked us to change one of his counterfeit tens, instead," mourned Joe. "We would have been five dollars to the good."

CHAPTER III

The Hardy Boys at School

If the boys had any lingering hopes that their school chums would not hear of the manner in which they had been fooled, these hopes were quickly removed next morning.

Scarcely had Frank and Joe ascended the concrete steps of Bayport High than Chet Morton, a stout chubby boy of about sixteen, one of their closest friends, a lad with a passion for practical jokes, came solemnly toward them with a green tobacco coupon in his hand.