At last evening came. The bailiff had already driven off to town and the yard was in darkness. Then Peter crept out in order to steal back Selambshof from Brundin. If only he could get a glance at that armful of big blue books all would be clear. His house-breaking was quite successful, the windows opened, as did also the door of the cupboard and in there he felt the books side by side. With the precious burden in his arms Peter stole up the dark stairs to the Observatory. He locked the door carefully, lit a piece of candle and sank down trembling with expectation at the table and began to examine the books.

And then he made a terrible discovery. He understood nothing, absolutely nothing of this system of figures and lines. “Debit,” “credit,” “carried forward,” etc., stood there. What it all meant he could not make out. The name Axel Brundin & Co. he found everywhere in the books. It stared out at him with ever-increasing mystery. It was not at all the straightforward way that Peter had imagined in connection with sacks of flour and barrels of potatoes. He found nothing to hold fast to. At last his head swam. He could not master Brundin’s row of figures.

Peter struck his forehead against the table, cursing and sobbing. This was a terrible defeat. Hopeless, miserable, stiff with cold, he stole down from the icy Observatory and put the books back in the cupboard without having succeeded in stealing a single one of the bailiff’s secrets.

That night chronicled a grievous relapse into the old sense of impotence. Peter lay again in a besieged fortress. And the Giant pursued him through a cycle of gruesome dreams. Amongst other things the “Dreadful One” ate six recently slaughtered pigs in a trice, whilst Frida stood stark naked before him and stirred a pail containing Peter’s blood.

But in spite of all this the old days were over. Peter the Watch-dog began slowly to pluck up courage again. As he brooded and brooded he realised at last that it was no longer possible to hunt alone. And so it came about that Peter too began to haunt Ekbacken. But he took very good care not to run up against Stellan and Laura, whose road lay in the same direction. He did not aim so high as they. He had no desire to talk to his guardian. No, Peter hovered about the old book-keeper, Lundbom. His opportunity came in the evenings when the old man sat in his own room smoking his pipe and drinking his hot whisky, with his books in front of him. He questioned him patiently and insistently until the old man felt touched by the interest of this promising youth in double-entry Italian book-keeping, and gave him proper instruction. Peter literally sucked up the information. He was not difficult to teach. Now he could calculate—he who had always failed in his examinations in mathematics. With every successful addition he added something to his power and with every correct subtraction he subtracted something from Brundin’s. Oh, what bliss it was to feel how his bugbear was again shrinking and growing less each day.

During these efforts, Peter had not ceased his observations. Now he knew what had been sent from the estate during four whole months, prices and all. Then he repeated his bold stroke one Saturday evening when the bailiff went to town as usual to enjoy himself. But this time he could decipher the mysterious writing. Oh! it was an hour of feverish triumph up there in the Observatory. Peter the Watch-dog found at once audacious frauds to fasten his teeth into, amongst other things, Axel Brundin who was only debited for 60 barrels of potatoes during November and December. But Peter knew for certain that the correct figure was 73. There he had a bite at the two brothers’ hind legs.

Peter lay sleepless the whole night and fed his revenge on Brundin.

Early on Sunday morning he stalked over to Ekbacken and found his guardian in bed. Now he no longer shunned the public gaze or beat about the bush. He went straight to the point, was bold and insinuating. He cast the stolen rye and potatoes straight in old Hermansson’s face. But his guardian jumped up highly offended.

“What are you saying, boy? Remember that you are talking of a person I have appointed. How did you get hold of the books? What do you know about the yield of the estate?”

But Peter was not to be intimidated. He came back time after time with his rye and his potatoes. Gradually his guardian began to soften.