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 in order to cover up his own scent. Probably the member of the club who knew the most about Redcoat and who had seen him most frequently was Bud Holcome, but he always kept his counsel, for he had designs upon Redcoat himself, for was not that wonderful red robe to be Kitty Mason's Christmas present? So, Bud did not want anyone else to get the celebrated fox, and he evaded all inquiries about the Phantom Fox. But Bud knew full well that Redcoat's headquarters were in the little clump of spruces, for he had seen him bringing away his family at the time of the great fire. He had also seen him in the meadows upon the farm on moonlight nights, and likewise on going to school he had on two or three rare occasions seen the great runner flashing across the fields. Then, there was that dramatic occasion when Bud declared that Redcoat had thrown Racer over the cliff. But Mr. Holcome always classed that with the rest of the wild fox yarns. Only Racer himself could have told all about that incident, and