"And no one else can, either," declared the treasurer. "We're up against it again! Those fellows are too clever for us. Now we'll lose a lot of money!"

"Well, it won't break us," said Joe easily. "Though, of course, no one likes to be cheated. The only thing to do is to get the detectives busy. Let them know the new turn affairs have taken, and I'll send these two tickets to our chemist friend. He can tell which is printed from our regular stock, and which is the counterfeit.

"Then, too, it ought to be easier to catch the rascals now than it was at first. You see, we didn't know how long the old tickets had been counterfeited. Now we're warned, first shot out of the box, about the new ones. And since the paper mill hasn't been supplying our printer with the new kind of paper very long, it ought to be easy to trace where the new and clever counterfeit supply is coming from."

"Well, I hope they can catch the scoundrels," said Mr. Moyne. "I certainly hate to see money lost."

Mr. Moyne was an ideal treasurer. He always had the interests of the circus at heart, and one would think that the money came out of his own pocket to hear him talk about the counterfeit tickets. In a way he did lose, personally, since he was one of the owners of the show, and the less money that came in the less his stock dividends would amount to.

"I'll write to Mr. Waldon to-night," said Joe, as he took the two tickets. "And we'll notify the detectives. Now I must get ready for my act. That can't be dropped."

"Having trouble, eh?" asked the tramp, who had moved a little to one side.

"Oh, well, just a little," admitted Joe, who was not altogether pleased that this talk should have been overheard by a stranger.

"Did you say there was any chance for a job?" asked the ragged man.

"Well, I don't know," said Joe, rather doubtfully. "Is that straight goods, about your being a fire-eater?"