“Think of ’em,” said William tactfully, “doin’ G’omtry at school.”

At this the Outlaws’ discontent faded and their spirits rose.

“Hurrah!” said Ginger, who now had completely forgotten his taste, “and I bet we can easy make up a game to play here an——”

Look!” gasped Douglas suddenly, pointing down into the valley.

The Outlaws looked.

Then they stood motionless as if turned to stone.

There was no doubt about it.

Down in the valley coming along the path that led up to Ringers’ Hill could be seen the figures of the Head-master and the second master.

For some moments horror and surprise robbed the Outlaws of the power of speech.

Then William said: