It didn’t take long to “run the falls.” From where the flatboat lay above Louisville to the lower end of the rapids was a distance of about eight or ten miles. Not only was the river bank full, but a great wave of additional water--a rise of four or five inches to the hour--struck them just as they pushed their craft out into the stream. There was a current of six miles an hour even as they passed the city, which quickened to eight or ten miles an hour when they reached the falls proper. The boat fully justified the old pilot’s simile of a girl waltzing. She turned and twisted about, first one way and then the other, and now and then shot off in a totally new direction, toward one shore or the other, or straight down stream. It all seemed perilous in the extreme, and at one time Jim Hughes hurriedly went below and brought up his carpet-bag, which he deposited in one of the skiffs that lay on deck. “What’s the matter, Jim?” asked Phil, who was more and more disposed to watch the fellow suspiciously. “What are you doing that for?” “Well, you see we mout strike a rock, and it’s best to be ready.” “Yes,” said Phil, “but what have you got in your carpet-bag that you’re so careful of?” and as he asked the question he looked intently into Jim’s eyes, hoping to surprise there a more truthful answer than he was likely to get from Jim’s lips. “Oh, nothin’ but my clothes,” said Jim, hastily avoiding the scrutiny. “Must be a dress-suit or two among them,” said Phil, “or you’d be thinking less about them and more about your skin. Let’s see them!” he added suddenly, and offering to open the bag. Jim snatched it away quickly, muttering something which the boy didn’t catch. But by that time the falls were passed and the flatboat was floating through calm waters between Portland and New Albany. So Jim retreated to the cabin and bestowed his precious carpet-bag again under the straw of his bunk, where he had kept it from the first. “Wonder what he’s got there, Phil,” said Irv Strong, who had been attentive to the colloquy. “Don’t know,” replied Phil; “but if things go on this way, the time will come when I’ll decide to find out.” “By the way,” broke in Will Moreraud, “did any of you see him bring that carpet-bag aboard?” Nobody could remember. “Guess he sneaked it aboard as he did that jug,” said Phil, “and as he did his cramps.” “Don’t be too hard on the fellow, boys,” said Ed, whose generosity was always apt to get the better of his judgment. “Remember he’s ignorant, and ignorance is always inclined to be suspicious. Probably he hasn’t more than a dollar’s worth or so in that carpet-bag; but as it is all he has in the world, he’s naturally careful of it. He’s afraid some of us will steal his things. If he knew more, he would know better. But he doesn’t know more. So he guards his poor little possessions jealously.” There was silence for a minute. Then Phil said:--