THE CYPHER TELEGRAM.

hat a shame it is, Hugo, that when your father is giving the whole class this splendid treat in honour of your recovery, you yourself should be the only boy absent.'

Hugo laughed somewhat sadly. 'Yes, I should like to be going, but the doctor says that I must not walk much before Christmas, and no one wants to spend three days in the woods in the middle of December. I should have liked the chance of catching a swallow-tailed butterfly for my collection.'

'I will try and get one for you,' answered Franz, 'though they are scarce this year. But what is this? How did you get your medal back?' as he picked up a silver disc from the table.

Hugo had won this medal a year before for a Latin composition for boys under fifteen, and when Baron Rosenthal's beautiful collection of coins and antique silver had been stolen, the medal had gone too.

'A friend of Father's saw it in a Berlin curiosity show among a lot of coins, and he sent it back to me.'

'And the coins—were they also your father's?'

'He has gone to Berlin to look at them, and he will be back to-night. But all coins are not easy to recognise. If it had been any of the silver boxes or cups he would have known his own at once.'