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But the stockholder who was instrumental in forming the plot, like Alcando, disappeared. That they did not suffer for their parts in the affair, as they should have, was rumored later, when both of them were seen in a European capital, well supplied with money. How they got it no one knew.

"The Spaniard!" fairly shouted Blake. Then, as the two chums looked on the brilliantly lighted scene, knowing that the camera was faithfully taking pictures of every move of their recent pupil, the boys saw, rushing toward Alcando, a number of the men and soldiers who had been in hiding. "He's surrounded as good as caught," Blake cried. "So he's the guilty one."

If we had another automatic it would be all right, but we have only the one. Another hand camera would do, but we'd have to get someone to work it. I would suggest we get Mr. Alcando, but you don't seem to want him. He could easily take charge of one." "It is better to have no foreigners," replied the captain. "Not that Mr. Alcando might not be all right, for he seems a nice chap.

Blake felt himself staring eagerly at the last words. "Ah, my letters have taken unto themselves wings," laughed the Spaniard, as he stooped to pick up the scattered papers. "And you have assisted me in saving them," he went on, as he took the part of the epistle Blake held out to him. As he did so Mr. Alcando himself had a glimpse of the words Blake had thought so strange.

Wait a moment!" came in rather sharp accents from a voice the moving picture boys recognized as that of Mr. Alcando. "It is Blake Stewart and Joe Duncan," said the former lad. "We have called " "I beg your pardon In one moment I shall be with you I will let you in!" exclaimed the Spaniard.

"I did think there was something queer about Alcando, but I guess I was wrong. It gave me a shock, though, to hear him speak so about the Canal." "The same here. But he's a nice chap just the same, and he certainly shows an interest in moving pictures." "That's right. We're getting some good ones, too."

"Yes, I guess I was born lucky," laughed Joe. Preparations for taking several views of the big Gatun Dam from the lower, or spillway side, were made. One afternoon Mr. Alcando asked if he would be needed in making any views, and when Blake told him he would not, the Spaniard went off by himself, taking a small camera with him. "I'm going to try my luck on my own hook," he said.

So if you don't want to go, someone else representing us will have to make the trip. "Now think the matter over well before you decide. I think you will find Mr. Alcando a pleasant companion. He struck me as being a gentleman, though his views on some things are the views of a foreigner. But that does not matter. "Of course, as usual, we will pay you boys well, and meet all expenses.

Alcando to the chums, one day. "I have heard from my railroad firm, and they are anxious for me to come back and begin making pictures there." "His friends are going to be sadly disappointed in him," thought Blake. "It's too bad. He'll make a failure of those views.

"Some of our signals went wrong as you were being towed through, and you went backward instead of forward. Then it took a minute or so to stop the lock gates. But you're all right now, and you'll go on through." Blake and Joe looked at each other and smiled in relief, and Mr. Alcando appeared to breathe easier. A little later the tug was again urged forward toward the front lock gates.