"Good-bye," answered Sam.

"Fellows, we are all cowards," declared George, beginning to get control of himself. "We should have staid and knocked them out."

"I'll go back, if you say so," answered Billy promptly.

"No. I've got enough of this place. To-morrow morning we break camp and go back to the other camping place. No more ghost parties for mine."

"As long as we have decided to move why not go now," suggested Larry.

The boys discussed the matter briefly, then decided that they would. Sam was put on guard to watch for the return of the ghosts while the others hurriedly broke camp. But there were no more ghostly moans nor ghostly intruders that night.

The ghosts in the persons of the Meadow-Brook Girls were on their way to their rowboat. Beaching it they sat down and laughed until their eyes were wet with tears.

"It was a mean trick to play on them," gasped Miss Elting. "But I think we have more than won our wager. It is a wonder that they didn't suspect us."

"There goes a boat!" cried Jane. "It's a launch."

"It is the boys. We have frightened them off," answered Miss Elting.