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Rh "Easier way to make money than working," remarked Uncle Dock, with a satisfied smile.

"I'm going to take a trip around the world with my share," said the second man.

"What are you going to do, Markel?"

"I'll follow the horses. I'm going to visit every race track in America this year. I'll double my money."

"You'll lose every cent of it."

"No chance."

Uncle Dock smiled.

"Wait and see. Smarter men than you have lost all their money on the horses."

Frank and Joe had heard enough and had seen enough to know that there was no further doubt as to the nature of the activities of the three men of the mill. They had seen the counterfeiting plant in operation and from the conversation of the three men there was no doubt but that this was the plant that had been responsible for flooding the East with spurious bills in the past few weeks.

The counterfeiters were evidently running off a last shipment of bills before closing up the plant and moving away. It behooved the Hardy boys to act quickly.

"Where will we go when we clear out?" they heard Markel say.

"We'll separate," answered Uncle Dock. "We'll meet in New York."