"I should certainly prefer him to Ephraim Carver."

"I consider Carver an honest man."

"And I have positive proof that he is not honest," said the president. "I have proof, moreover, that he was actually in league with the man who plotted to rob the bank."

This statement made a sensation, and the president proceeded:

"Indeed, I have called this extra meeting partly to suggest the necessity of appointing in Carver's place a man in whom we can repose confidence."

Here he detailed briefly the conversation which Grit overheard between the bank messenger and Colonel Johnson. It impressed all, except Mr. Courtney.

"All a fabrication of that boy, I'll be bound," he declared. "I am surprised, Mr. Graves, that you should have been humbugged by such a palpable invention."

"What could have been the boy's object in inventing such a story, allow me to ask, Mr. Courtney?"

"Oh, he wanted to worm himself into our confidence," said Courtney. "Very likely he wished to be appointed bank messenger, though that would, of course, be preposterous."