“Keeping a shop is getting to be all the rage,” he explained airily, “and those that get into it early are going to reap the shekels. Brand and I have got it all doped out. Some swell little joint we’re going to have, too. Rose and gray is to be the—the color motif. We’re going to have three kinds of tea: hot, cold and Oolong; and a full line of sandwiches and cakes. Wait till you see us swelling around there with the High School girls! Fine moments, boy, believe me!”

“Better stock up with chewing gum,” suggested Ned Richards. “From what I see, I guess that’s about all those High School girls ever eat!”

“You’re jealous because you didn’t think of it yourself,” retorted Cal untroubledly.

“Hope you get more trade than those fellows who opened the sporting goods store are getting,” said Billy Crocker. He was a rather large, though not heavy, youth, with black hair and thick eyebrows that met above his nose. The latter, being beak-like, gave him an unattractively parrotish look. Billy lived at home, in the town, but spent most of his evenings at the Academy. He wasn’t especially popular, and fellows sometimes found themselves wondering why it was he was so frequently in evidence at such gatherings as to-night’s. The explanation, however, was very simple. Billy Crocker took his welcome for granted and didn’t wait for a formal invitation. Being a football player, he affected the company of the football crowd, and although many protested him as a nuisance he was allowed to tag along. “I’ve looked in there twenty times,” continued Billy, not too truthfully, “and I’ve never seen any one there yet. They’re a couple of nuts!”

“As a member of the Alton Academy Merchants’ Association,” began Cal protestingly.

“They must have some money they don’t need,” interrupted Ned Richards enviously. “I heard they’d put a thousand dollars into the thing.”

“A thousand dollars!” scoffed Billy Crocker. “More like a hundred! Why, those fellows haven’t any money, Ned. They’re on their uppers. Patterson wears clothes that were made when Grant took Richmond!”

“What scandal is this?” murmured Jimmy. “Who’s Grant?”

“Well, that’s what I heard,” replied Ned coldly. “Of course, if the gentlemen are personal friends of yours, Crocker—”