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old building. This angered the jeweler, and he punished his nephew severely for his misconduct.

A pleasant position on a farm was secured for the man called Dan, who promised to lead an honest life in the future.

As to Ned, the homeless lad felt that the greatest happiness in the world had come into his life. The lawyer, Grimm, had been frightened into telling all about Brady's plot. The estate that belonged to Ned was traced, and Professor Elliott was legally made the boy's guardian.

The academy president called Frank, Ned and Bob to his office one evening, and informed them of the pleasant outcome of their affairs.

"Just think of it," said Ned, with happy tears in his eyes. "I'm sure of an education now, and all through the loyal friendship of the best boy I ever knew, Frank Jordan."

"I echo that sentiment," added Bob. "Why, say, I didn't know life was really worth living till I met Frank."

"Forget it, fellows," ordered Frank modestly, though flushing with genuine pleasure. "You may help me to win some battles yet."

"Jordan," spoke the bland old professor, handing a sealed letter to Frank, "you may feel very proud sending that letter to your father. It tells