Ted Slavin had long been known as the bully of Stanhope; for it seems that there never yet existed a village or town without some big chap exercising that privilege. He was a fighter, too, and able to hold his own against the best. Besides, Ted had shown some of the qualities that indicate a natural leader; though he held the allegiance of those who trailed after him mostly through fear, rather than any respect for his manly qualities.

His leading crony for the past year had been Ward Kenwood, son of the wealthy banker who was also a leading real estate owner in the place. Once upon a time Ward would have scorned the thought of associating with Slavin and his crowd; but an occasion had arisen whereby he had need of a strong arm to even up a score, and once he found himself indebted to Ted he kept on in the bully's company.

His rivalry in many fields with Paul had much to do with his throwing his fortunes in with the other fellows. And nothing pleased him more than to be able to upset any calculations the latter entertained. That explained why Paul was anxious to avoid a meeting with the Slavin crowd on this particular night, when he was brimming over with a great idea.

Once the boys had entered the barn, Bluff secured the door, after which a match was quickly lighted.

"Now, here we are, safe and sound, and not an enemy around. Suppose you open up, Paul, and get this load off our minds," said Albert Cypher, who seldom heard his own name among his friends, but was known far and wide as Nuthin'.

But what else could a lad expect who was so unfortunate as to find himself afflicted with such a name as A. Cypher?

"Yes, what's it all mean, Paul? You haven't even taken me in, you know, and I'm as much in the dark as the next fellow," remarked Jack Stormways, reproachfully; for being Paul's closest chum he might have expected to share his confidence.

"Wait a bit. We might as well make ourselves comfortable while we're about it. I'll sit down on this box, and the rest of you gather around on the floor. I've got a big proposition to make, and you want to listen carefully."

"T-t-take c-c-care of the lantern, f-f-fellows; my d-d-dad's w-w-wanting this old barn f-f-for his t-t-tobacco crop, and he'd b-b-be some put out if it b-b-burned just now!" came from Bluff.

Finding perches on various low piles of waste left over after the shipment of the last crop, the six lads gathered around Paul, eagerness stamped on every beaming face.