Matt began with his start for Waunakee, related the attempted robbery, and the manner in which he and Ethel Lorry had backed the runabout along the Waunakee road and into Madison.

The part Matt dreaded to tell had to do with his interview with Lorry's father; but Lorry had shown such a surprising change in his whole manner of thought and action that Matt detailed the conversation between himself and Mr. Lorry exactly as it had occurred.

A few days before, such a report would have sent George into a furious tirade against his father, but he now listened quietly and without comment.

Matt, highly pleased, proceeded to tell how he had taken the launch from the express office, had engaged Pickerel Pete, and had run the Sprite into Fourth Lake and up the Catfish; then followed his visit to the cabin, his failure to find McGlory and Lorry, his return to the launch, his capture by a ruse on the part of Ross, and, finally, the murderous attempt which Ross had made and which had come so near being successful.

"That Ross must be bug-house!" growled McGlory angrily.

"He had been drinking," said Matt. "A man will do things when he's partly intoxicated that he wouldn't think of doing when sober."

"You're out three hundred dollars, Matt," spoke up Lorry, "and I don't think that money will ever come back to you. When we made that dash from the boathouse, Big John and his pals knew we had been there long enough to learn a whole lot about their plans. Ross and Kinky have discovered that you were saved from the burning boat, even if they didn't know it before, and all three of the rascals will not lose a minute getting away from this part of the country. I doubt if it would do any good for us to go to Madison and report to the police. Big John and his pals are done with Madison, and with you. They'll make tracks for where they came from, and they'll do it at once."

"That sounds like pretty good reasoning to me," observed Matt, "but I guess that what we've accomplished is worth all it cost us. What are your plans, Lorry?"

"I'm going home in the morning," declared Lorry. "If I'm to go to a military school—well, there are worse places."

"Listen to George!" cried McGlory. "Oh, tell me about George! Ain't he a surprise party, though?"