He stopped aghast as the chain came out of his pocket with a jerk. His watch was gone.

At this instant a shout came from Bob Ward’s tent: “Say, fellows, have any of you seen my scarfpin? I can’t find it anywhere. I’m sure I had it on when I started.”

Bert looked at Dick and Dick stared back at Bert. The same thought came into their minds at once.

“Stung,” groaned Dick, as he sank down heavily on his bed.

At once the camp was in commotion. Everyone made a hasty inventory of his belongings and the relief was general when it was found that nothing else was missing. Their hearts were hot with indignation, however, at the loss of their comrades. Dick’s gold watch had been a graduation present and Bob’s scarfpin had held a handsome stone, so that the money loss was considerable. But deeper yet was the sense of chagrin voiced by Jim Dawson:

“Well,” said he, disgustedly, “if this isn’t the limit. Here we are, city fellows who think we are up to snuff. We are surrounded by pickpockets every day and nothing happens. Then we come out in the country and are roasted brown by a band of wandering gipsies.”

By this time Mr. Hollis, aroused by the unusual stir, had hastily dressed and joined the excited group. The facts were quickly detailed to him, and, as he listened, his face set in hard lines that boded ill for the thieves. He first directed that a thorough search be made in order to be perfectly sure that the missing articles were not somewhere about the camp. When careful examination failed to reveal them, doubt became certainty. If only one thing had been lost it might have been set down to carelessness or accident, but that two should disappear at the same time pointed to but one explanation—theft. And it was a foregone conclusion that the thieves were to be found in the gipsy camp.

The more hot-headed were for starting out at once to regain the watch and pin at any cost. But this was vetoed by Mr. Hollis, who recognized the futility of attempting anything at so late an hour. He promised that early in the morning they should all go together, and with that promise they were forced to be content.

There was very little sleep for the boys that night, and at the first streak of dawn the whole camp was astir. Breakfast was swallowed hastily, and Bert whistled for Don as the boys made ready to start.