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Rh "I don't know, but I'll soon find out," answered Shadow, with determination. He had been deeply chagrined over the disappearance of the shoes, boots, and slippers, and had felt it keenly when he was suspected of having walked in his sleep once again and made off with the foot coverings.

The three students left the dormitory, and from another lad learned that Nat was in the library. They sent a small boy after him, stating that he was wanted at once at the "den," a room where the students sometimes congregated, but which just then was deserted.

Wondering what was coming, the money-lender's son soon put in an appearance. He had not been told who wished to see him, and his face fell when he saw Shadow, Dave, and Phil.

"What do you want?" he asked, surlily. "I am busy this afternoon."

"Nat, is this your watch charm, the one you lost?" questioned Shadow, holding out the piece in his hand.

"Sure it is!" cried the money-lender's son. "Where did you find it?"

"Found it just where you lost it—in Luke Watson's slipper."

"Eh?" And Nat looked startled.

"Nat, we have found you out!" cried Shadow, sternly. "You needn't attempt to deny it. You took those shoes, boots, and slippers."