This was more than Terry could stand. Giving each of his captors a smart slap that sent them capering off uttering feigned cries of pain, he tore off his own clothes, flung them in a heap on the wharf, and with a shout of "Here we are again!" described a graceful parabola in the air ere he shot head first into the water.

He had what he would have called a "high old time." Abandoning himself entirely to the pleasure of the moment, the restraint of the preceding weeks gave all the keener zest to his enjoyment. He was the very last to leave the water, and when he came out several of the boys had already dressed and gone away. He did not notice this until he took up his clothes to put them on. Then, to his surprise, he found that his vest, containing the money that he had collected, was missing.

Thinking that this was merely an attempt at a joke on him, he said good-humouredly, as he hastened to dress,—

"When you fellows have done with that vest, just bring it back, will you?"

But the only response was a general protest of entire ignorance on the part of those around him, and although, growing angry, he threatened all sorts of vengeance upon the perpetrator of the joke if he did not promptly make restitution, he was still met by persistent denials. While in the very midst of this, Tom Morley came down the wharf looking sharply about him. On catching sight of Terry he first made as though he would go up to him. Then a thought flashed into his mind that caused him to halt, and with a smile of malicious satisfaction playing over his ugly face, he wheeled about and vanished up the wharf.

But threaten or coax as he might, Terry could learn nothing as to what had become of his vest, save that it must have been carried off by one of the boys who had gone ashore and dressed before any of the others, and—what made matters worse—the latter did not seem to know anything about him. They had not seen him before that day, and they had no idea whence he had come or whither he had gone.

When the full sense of his loss came to Terry he was in a sad state of mind. The thief, whoever he was, had got away not only with the fifty dollars, but with the silver watch—Miss Drummond's gift. Little wonder then if the poor boy, going off to a corner where he would not be observed, gave way to tears.

He felt himself to be in a very serious plight. Had he been doing his duty when robbed he need not have feared an explanation. But he had been neglecting his duty; and not only so, but Tom Morley, who, as he well knew, would take only too much pleasure in telling on him, had caught him in the act.

"I can never go back to the office," he sobbed. "They'll not believe me whatever I say. They'll be thinkin' I've taken the money myself, and made up a story to get out of the scrape. Oh, if I could only lay my hands this blessed minute on the villain that run off with my vest! Just wouldn't I give him the worst licking he ever had in his life—bad cess to him!"

The heat of his anger against the cause of his distress dried up his tears, and feeling somewhat ashamed at having allowed them to flow, he gave himself a shake, and without any definite purpose in mind strolled over to the other side of the wharf, where a smart schooner was moored.