"Why did Ida Shane resign?" he asked, suddenly.

"I don't know, sir," answered Betty. "She wouldn't tell."

"There must have been a reason," he continued, sternly. "Do you know, Kitty?"

"No, sir."

"Do you, Katie?"

"No, sir."

The same question and the same answer passed down the line until it came to Lloyd. She blushed a vivid scarlet and hesitated.

"Yes, I know," she exclaimed. "But I am not at liberty to tell."

The president held out part of a torn envelope, on which was written with many flourishes in a bold, masculine hand, "Lloydsboro Seminary. Kindness of bearer."

"Have any of you seen this handwriting before?" he asked.