"I wish I were differently situated, Loammi, but——"

"Oh, you needn't go on. You have refused me a small favor. Good-evening!" and Loammi left his cousin, and went off in a huff.

"Now, I suppose Loammi will dislike me more than ever," thought Scott. "Well, I must put up with it. I am not rich enough to lend him money which he won't pay back."

Meanwhile, Loammi went home in a very unsatisfactory frame of mind. He was disgusted with himself now because he had humiliated himself so far as to ask his cousin for a loan.

"I'll get even with him if I get a chance," he reflected, angrily.

He was destined to another mortification.

Before he reached home he met a schoolmate named Paul Granger. He wished he could have avoided him for a reason that will immediately appear, but Paul met him as he turned in from the corner of West Forty-fourth Street.

"I am glad to meet you, Loammi," said Paul. "You are owing me a dollar, you know. I should like it back, as I want to go to a picnic to-morrow."

"All right," said Loammi, and he put his hand in his pocket.