"I will insure it for five hundred dollars."

Fred knew that this would secure extra care, and he did not care to name the real worth lest it might tempt some employee to dishonesty.

"Now," he said, as they left the office, "I feel easy in my mind."

But when the boys were half way home, they overtook another buggy, containing two occupants. One of them was the landlord of the Lion Inn, the other was Paul Bowman.


CHAPTER XXXIV. — BOWMAN'S PANIC.

Paul Bowman, who was driving, the landlord having given up the reins to him, checked the horse and hailed Fred in evident surprise.

"Where have you been?" he inquired abruptly.

"I have been to ride," answered Fred, with an appearance of unconcern.