then there was a rustle of paper as the packets of bonds followed.
"Where was it found?" asked the chief. "This doesn't clear him. He probably hid it some place."
"The stuff was found just where Jackley said he hid it. In the old tower."
"But the old tower was searched high and low."
"There is more than one 'old tower'," went on Mr. Hardy. "Only we didn't happen to think of that at the time. It was found in the old water tower, down at the Junction, where Jackley used to work."
Chief Collig was speechless with surprise. He gazed at Smuff, whose jaw had dropped in astonishment.
"Who found it?" asked Smuff at last.
"These two lads," said Mr. Applegate, indicating the Hardy boys. "They found it this morning."
"Them kids?" scoffed Chief Collig. "I don't believe it."
"Well, there's the stuff to prove it," snapped Fenton Hardy.
"I've got my jewelry back, thanks to them," declared Adelia Applegate shrilly. "They were smarter than the whole pack of you. If it wasn't for them, the stuff would never have been found. And I was the one who didn't
