The broker laughed, wrote the receipt, and handed it to Fred, with the remark:

"You will soon learn how easy it is to lose money in Wall Street."

"When a man loses, somebody wins," Fred replied, and Tabor never forgot the remark, for he had reason to remember it ere he was a year older. The two boys went out and Bob said, when they reached the sidewalk:

"I've got to go back to the office, but won't have to stay long as it is nearly three o'clock. Come along and wait for me."

Fred went with him and waited downstairs at the street entrance for him while he was standing there. Manson, whose name had been forged to the check which Fred had been instrumental in stopping, came down the stairs, accompanied by a tall, white-haired old man.

"Ah! There's the boy now, general," said Manson, on seeing Fred. "He threw the villain twice and then held him with the revolver till others secured him."

"Well, really, my lad," said the general, extending his hand to Fred. "I honor courage wherever I find it. Shake hands with me. I am glad to know you."

Fred shook hands with the old man without uttering a word, the meeting taking him quite by surprise. Just as he was going to speak several brokers came up and shook hands with the general, and he was forgotten. In a little while Bob came down, and the two went away together.

"See here, Fred," Bob said, "we must not say a word about this thing. I got the tip in the office, you know."

"Yes, I know."