"No, you didn't get all of us!" exclaimed Happy Harry, and there was a savage anger in his tones.

"Keep quiet!" urged Morse.

"No, I'll not keep quiet! It's a shame that we have to take our medicine while that trimmer, Tod Boreck, goes free. He ought to have been with us, and he would be, only he's trying to get away with that sparkler!"

"Keep quiet," again urged Morse.

Tom was all attention. He had caught the word "sparkler," and he at once associated it with the occasion he had heard the men use it before. He felt that he was on the track of solving the mystery connected with his boat.

He looked at the men. They were the same four who had been involved in the former theft—Appleson, Featherton, Morse and Burke. Were there five of them? He recalled the man who had been caught tampering with his boat—the man who had tried to bid on the ARROW at the auction. Where was he?

"Boreck didn't get what he was after," resumed Happy Harry, "and I'm going to spoil his game for him. Say, kid," he went on to Tom, "look in the front part of your boat—where the gasoline tank is."

Tom felt his heart beating fast. At last he felt that he would solve the puzzle. He opened the forward compartment. To his disappointment it seemed as usual. Morse and the others were making a vain effort to silence Happy Harry.

"I don't see anything here," said Tom.

"No, because it's hidden in one of those blocks of wood you use for a brace," continued the man. "Which one it is, Boreck didn't know, so he pulled out two or three, only to be fooled each time. You must have shifted them, kid, from the way they were when we had the boat."