"A cottage all to myself—what fun!" exclaimed Dick, cutting a caper on the grass.

Guided by Mr. Learning, the four children went on their way towards the villas of Head, four tiny dwellings that stood close together on the top of a hill, two looking to the east and two to the west. Nice little cottages they were, each with a small garden behind it. The two that fronted the west were thatched with golden-coloured straw, and the glass in the little windows was almost as blue as the sky. The two that looked to the east had darker thatch and brown glass windows. The first were for Matty and Nelly, the others for Lubin and Dick.

"Mine is the prettiest, much the prettiest cottage!" exclaimed Matty, with a smile of delight; "it has the brightest thatch, and the whitest wall, and the most elegant shape besides!"

"Mine is the biggest!" cried Dick with some pride.

Now each of the cottages of Head had two little doors, the funniest that ever were seen; they were just of the form of ears, and Matty's and Nelly's were almost hidden by the golden thatch above them. The children went in and examined the inside of the dwellings one by one. Each had four little rooms—parlour, bedroom, kitchen, and spare room. But the walls were quite rough and bare; not a scrap of carpet covered the boards; there were chimneys, it is true, but no grates were to be seen in the empty fireplaces.

"Well," cried Dick, as with his companions he returned to the space between the cottages, in which they had left Mr. Learning standing, "I should be mighty sorry to have to live in such an unfurnished house!"

"If it remain unfurnished it will be your own fault," replied Mr. Learning, as he drew from his pocket four purses, yellow, red, and pink, and blue. "These are the magic purses of Time," he continued, "and most valuable gifts are they; each of you shall possess one. Every morning you will find in them a certain number of pieces of silver and copper money,—men name them hours and minutes. A few you will employ in paying for your lodging and food in that large dwelling hard by, called Needful House, in which you may remain for a while until your cottages are fit to be lived in. Some of your hours and minutes you must spend on every week-day in buying furniture for these little Heads in the town of Education."

Dick caught eagerly at the yellow purse, and instantly began to count out the money. Every bright coin had the stamp of a pair of wings on one side, with the motto, "Time flies fast," and on the other side in raised letters the motto, "Use me well."

Lubin and Matty took the red and pink purses with a careless air, as, like too many amongst us, they did not know their value. Lame Nelly very gratefully received the blue purse, with the hours and minutes in it.

"And now," cried Dick, "where is this town of Education, for I'm in a desperate hurry to begin to furnish my Head?"