"True; but his loss will be your gain."

At the outset of their walk the two students called at the hotel, and
found Mr. Daniels on the piazza.

"Glad to see you, Mr. Sherwood," said the landlord briskly.

"I think you will be, Mr. Daniels, for I have come to pay your bills."

"Money is always welcome, Mr. Sherwood. You have no idea how much I
lose by trusting students. There was Green, of the last graduating
class, left college owing me forty-five dollars. He has gone West
somewhere, and I never expect to get a cent of my money."

"You came pretty near losing by me, Daniels."

"How is that?" queried the landlord, looking surprised.

"I've lost a lot of money, or my guardian has for me, and I've got to
leave college at the end of this term."

"You don't say so!" ejaculated Mr. Daniels regretfully.

"It's all true. My guardian wrote me about it this morning."

"I suppose you're a good deal cut up about it, Mr. Sherwood."

"Well, I was at first, but I may be able to come back after a year or
two. I shall go into some business, and meanwhile my guardian will do
what he can to recover the money lost. It isn't so bad, after all."