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we will,” said Nan. “I think it’s the loveliest house in the world, and mother and Fred have fixed it up so prettily. Come up and see your room, Patty.”

      A large, pleasant front room on the third floor had been assigned to Patty’s use, and all her own special and favourite belongings had been placed there.

      “How dear of you, Nan, to arrange this all for me, and put it all to rights. I really couldn’t have taken the time to do it myself, but it’s just the way I want it.”

      “And this,” said Nan, opening a door into a small room adjoining, “is your own little study, where you can be quiet and undisturbed, while you’re studying those terrific lessons of yours.”

      Patty gave a little squeal of delight at the dainty library, furnished in green, and with her own desk and bookcases already in place.

      “But don’t think,” Nan went on, “that we shall let you stay here and grub away at those books much of the time. An hour a day is all we intend to allow you to be absent from our family circle while you’re in the house.”

      “An hour a day to study!” exclaimed Patty. “It’s more likely that an hour a day is all I can give you of my valuable society.”

      “We’ll see about that,” said Nan, wagging her head wisely. “You see I have some authority now, and I intend to exercise it.”

      “Ha,” said Patty, dramatically, “I see it will be war to the knife!”

      “To the knife!” declared Nan, as she ran away laughing.

      Patty looked about her two lovely rooms with genuine pleasure. She was like a cat in her love of comfortable chairs and luxurious cushions, and she fully appreciated the special and individual care with which Nan and her father had considered her tastes. Had she not been so busy she would have preferred to have a hand in the arranging of her rooms herself, but as it was, she was thankful that someone else had done it for her.

      Hastily throwing off her hat and coat, she flung herself into a comfortable easy chair by her library table, and was soon deep in her French lesson.

      A couple of hours later Nan came up and found her there.

      “Patty Fairfield!” she exclaimed. “You are the worst I ever saw! Get right up and dress for dinner! Your father will be home in a few minutes, and I want you to help me receive properly the master of the house.”

      Patty rubbed her eyes and blinked, as Nan pulled the book away from her, and said, “Why, what time is it?”

      “Time for you to stop studying, and come out of your shell and mingle with the world. Wake up!” and Nan gave Patty a little shake.

      Patty came to herself and jumped up, saying, “Indeed, I’m glad enough to leave my horrid books, and I’m hungry enough to eat any dinner you may set before me. What shall I wear, Nan?”

      “Put on that pretty light blue thing of yours, with the lace yoke. This is rather a festival night, and we’re going to celebrate the first dinner in our new home.”

      So Patty brushed her curly hair and tied on a white ribbon bow of such exceeding size and freshness that she looked almost as if wings were sprouting from her shoulders. Then she donned her light blue frock, and went dancing downstairs, to find that her father had already arrived.

      “Well, Pattikins,” he said, “can you feel at home in this big house, after living so long in our apartment?”

      “Yes, indeed,” said Patty, “any place is home where you and Nan are.”

      The dinner passed off gaily enough. Only the three were present, as Nan did not want any guests the first night.

      Although the dining-room appointments were those that had furnished the Fairfields’Vernondale home, yet they were so augmented by numerous wedding gifts of Nan’s that Patty felt as if she were at a dinner party of unusual splendour.

      “It’s lovely to live in a house with a bride,” she said, “because there are such beautiful silver and glass things on the table, and on the sideboard.”

      “Yes,” said Nan, glancing around her with satisfaction. “I intend to use all my things. I think it’s perfectly silly to pack them away in a safe, and never have any good of them.”

      “But suppose burglars break in and steal them,” said Patty.

      “Well, even so,” said Nan, placidly, “they would be gone, but it wouldn’t be much different from having them stored away in a safe deposit company.”

      “Nan’s principle is right,” said Mr. Fairfield. “Now, here’s the way I look at it: what you can’t afford to lose, you can’t afford to buy. Remember that, Patty, and if ever you are tempted to invest a large sum of money in a diamond or silver or any portable property, look upon that money as gone forever. True, you might realise on your possession in case of need, but more likely you could not, and, too, there is always the chance of losing it by carelessness or theft. So remember that you can’t afford to buy what you can’t afford to lose.”

      “That’s a new idea to me, papa,” said Patty, “but I see what you mean and I know you are right. However, there’s little chance of my investing in silver at present, for I can just as well use Nan’s.”

      “Of course you can,” said Nan, heartily; “and whenever you want to have company, or a party of any kind, you’ve only to mention it, and not only my silver, but my servants and my own best efforts are at your disposal.”

      “That’s lovely,” said Patty, “and I would love to have parties and invite the schoolgirls and some of the boys, but I can’t take the time now. Why, I couldn’t spare an evening from my studies to entertain the crowned heads of Europe.”

      “Nonsense,” said Mr. Fairfield, “you mustn’t work so hard, Puss; and anyway you’ll have to spare this evening, for I asked Hepworth to drop in, and I think two or three others may come, and we’ll have a little informal housewarming.”

      “Yes,” said Patty, dubiously, “and Kenneth said he would call this evening, and Elise and Roger may come in. So, as it’s Friday evening, I’ll see them, of course; but after this I must study every evening except Fridays.”

      A little later on, when a number of guests had assembled in the Fairfields’ drawing-room, Patty looked like anything but a bookworm, or a pale-faced student. Her eyes danced, and the colour glowed in her pretty face, for she was very fond of merry society, and always looked her prettiest when thus animated.

      She and Elise entertained the others by quoting some bits from the school play, Nan sang for them, and Kenneth gave some of his clever and funny impersonations.

      Mr. Hepworth declared that he had no parlour tricks, but Patty asserted that he had, and she ran laughing from the room, to return with several large sheets of paper and a stick of drawing charcoal. Then she decreed that Mr. Hepworth should draw caricature portraits of all those present. After a little demurring, the artist consented, and shrieks of laughter arose as his clever pencil swiftly sketched a humorous portrait of each one.

      “It’s right down jolly,” said Kenneth to Patty, “your having a big house of your own like this. Mayn’t I come often to see you? Mrs. Nan is so kind, she always has a welcome for me.”

      “You may come and accept her welcome whenever you like,” said Patty, “but I can’t promise to see you, Ken, except Friday evenings. Honestly, I don’t have one minute to myself. You see, we rehearse the play afternoons, and evenings I have to study, and Saturday is crammed jam full.”

      “But she will see you, Kenneth,” said Nan, who had heard these remarks. “We’re not going to let her retire from the world in any such fashion as she proposes; so you come to see us whenever you like, and my word for it, Patty will be at home to you.”

      Nan passed on, laughing, and Patty turned to Kenneth with an appealing glance.

      “You know how it is, don’t you, Ken? I just have to stick to my work like everything, or I won’t pass those fearful examinations, and now that

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