far now, and I reckon must be close by the place where you saw your old panther, Davy."
"Yes," added Giraffe, "and you notice that Thad's marking time, so to speak, for he's hanging out there, and trying to see what's above him."
"A scout should always use a certain amount of caution," interposed Allan; "there are times when a fellow might take chances, if it's a case of necessity, and quick action is necessary in order to save life; but right now Thad's only carrying out the rule he's always laid down for the rest of us.
"Be prepared, you know, is the slogan of every scout, and that's what he's doing. He wants to be sure of his ground before he jumps."
"Hub!" grunted Davy, "if I'd stopped to count ten before I slid down, I wonder now what would have happened to me. Some fellers act from impulse every time, and you can't change the spots of the leopard, they say. What's dyed in the wool can't be washed out, as took as Bumpus here with his carroty hair."
"You leave my hair alone, Davy Jones, and pay attention to your own business," complained the stout scout, aggressively. "You just know you're a going to get it when Thad makes his report, and you're trying to draw attention somewhere else. Make me think of what I read about the pearl divers when they see an old hungry man-eating shark waiting above 'em; they stir up the sand with the sharp-pointed stick they carry; and when the water gets foggy they swim away without the fish being able to see 'em. And you're atrying right now to befog the real case, which is, did you really see anything, or get scared at your own shadow."
"Hear! Hear!" crowed Giraffe, who always liked to see Bumpus aroused, and when this occurred he often made out to back him up with approval, just as some boys would sick one dog on another, or tempt rival roosters to come to a "scrap."
"You fellow's let up, and watch what Thad's agoin' to do," Step Hen advised them at that juncture; and so for the time being Davy and Bumpus forgot their complaint and riveted their eyes on the boy who was up in the tree.
"I can't hardly see him any more, the branches are so thick," complained Bumpus ducking his head this way and that.
"That's because he's gone on again," argued Giraffe; "seems like he didn't find any signs of a real panther when he took that survey."
"Hold your horses!" was all Davy allowed himself to say, though no doubt he himself had commenced to have serious doubts by now.
Half a minute later and there broke out a series of strange sounds from up above their heads.
"Listen to that, now, would you?" cried Davy, bristling with importance again. "Don't that sound like Thad might a hit up against something big? Hear him talking, will you? Didn't you catch what he said right then--no, you don't grab me, you rascal; I'm afraid I'll have to knock you on the head yet! Say, don't that sound like Thad had found my panther, and was keeping him off with that club he took up with him. Oh! what's that?"
Something came crashing down as Davy uttered this last exclamation. The boys were horrified at, first, because they imagined it might bit Thad and the panther, that, meeting in midair, had lost their grip, and were falling to the ground, fully forty feet below.
"Why, it's only his club" cried Giraffe, quickly.
"Then he must have let it get knocked out of his hand!" ejaculated Bumpus. "Oh! poor Thad. He'll be in a bad fix without a single thing to fight that animal with!"
"That's where you're mistaken, because I can see him now, and he's acoming down the tree right smart!" Step Hen announced; which intelligence allowed Bumpus to breathe freely again, for his face was getting fiery red with the suspense that had gripped him.
"That's so!" echoed Giraffe, "and I'm looking to see if there's any signs of a big cat trailing after him, but so far nothing ain't come in sight."
The five scouts on the ground hastened to close in around the foot of the big tree, so as to welcome their patrol leader when he dropped from the lower limb.
"Seems to me Thad acts kind of clumsy, for him," announced Step Hen; "now, if it'd been Bumpus here I could understand it, because, well I won't say what I was agoing to, because it might make hard feelings between us; and with all his shortcomings Bumpus is a good sort of a chap."
"Huh! dassent, that's what!" grunted the party indicated, making a threatening gesture in the direction of his fellow-scout.
The arrival of the scout-master caused them to forget all other things. Thad,
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