So Elsie went to bed very happy in the thought of the pleasure Arthur would have in receiving her present.
She was hurrying down to the breakfast-room the next morning, a little in advance of Miss Rose, who had stopped to speak to Adelaide, when Arthur came running up behind her, having just come in by a side door from the garden, and seizing her round the waist, he said, "Thank you, Elsie; you're a real good girl! She sails beautifully. I've been trying her on the pond. But it mustn't be a present; you must let me pay you back when I get my allowance."
"Oh! no, Arthur, that would spoil it all," she answered quickly; "you are entirely welcome, and you know my allowance is so large that half the time I have more money than I know how to spend."
"I should like to see the time that would be the case with me," said he, laughing. Then in a lower tone, "Elsie, I'm sorry I teased you so. I'll not do it again soon."

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