"We're going to leave for parts unknown," continued the leader of the three rogues, "and we're going to take young Lorry with us. I guess if we give him a thousand of his father's money he'll be satisfied."

"You're a scoundrel, on your own showing," cried Matt angrily, "but I don't think you'd be such a contemptible scoundrel as to take that boy away and make him a thief, like you and your pals!"

"Softly, Motor Matt," warned Red-whiskers. "What is the boy now but a thief, and on his own showing, at that? I don't think we can hurt him any, and by taking him away we'll be doing a good thing for him—and for us."

"You'll ruin him, that's what you'll do," proceeded Matt indignantly. "Haven't you a thought for his people, back there in Wisconsin?"

"What are his people to us? I had intended all along to compromise with the cub and give him a thousand, but you got to him before we did. He doesn't dare appeal to the law——"

"There are others who will act for him," broke in Matt. "There's the making of a man in young Lorry, and if you do as you say you intend to, you will end by making him no better than you are."

"You're not very complimentary, it strikes me," said Red-whiskers easily, bending down and groping under the bench with one hand. "We might just as well take our boodle and get away from here. I had planned to stay on the house boat all night, and run over to 'Frisco in the launch in time to catch that steamer to-morrow, but you've compelled us to change our plans. We'll take a night train, and—— Where in blazes is that satchel?"

Failing to find the satchel with one hand, Red-whiskers had used both hands. Even then the treasure grip eluded him, and in a sudden flurry he dropped to the floor on his knees and looked under the bench. The next instant he had leaped up, maddened and furious.

"It's gone!" he shouted.

Kinky and Ross jumped as though they had been touched by a live wire.