The Little Colonel had danced along so gaily with Fritz that her cheeks glowed like wild roses. She made a quaint little picture with such short sunny hair and dark eyes shining out from under the broad-brimmed white hat she wore.

Several ladies who were sitting on the shady piazza, busy with their embroidery, noticed her admiringly. "It's Elizabeth Lloyd's little daughter," one of them explained. "Don't you remember what a scene there was some years ago when she married a New York man? Sherman, I believe, his name was, Jack Sherman. He was a splendid fellow, and enormously wealthy. Nobody could say a word against him, except that he was a Northerner. That was enough for the old Colonel, though. He hates Yankees like poison. He stormed and swore, and forbade Elizabeth ever coming in his sight again. He had her room locked up, and not a soul on the place ever dares mention her name in his hearing."

The Little Colonel sat down demurely on the piazza steps to wait for the children. The nurse had not finished dressing them for the evening.

She amused herself by showing Fritz the pictures in an illustrated weekly. It was not long until she began to feel that the ladies were talking about her. She had lived among older people so entirely that her thoughts were much deeper than her baby speeches would lead one to suppose.

She understood dimly, from what she had heard the servants say, that there was some trouble between her mother and grandfather. Now she heard it rehearsed from beginning to end. She could not understand what they meant by "bank failures" and "unfortunate investments," but she understood enough to know that her father had lost nearly all his money, and had gone West to make more.

Mrs. Sherman had moved from their elegant New York home two weeks ago to this little cottage in Lloydsborough that her mother had left her. Instead of the houseful of servants they used to have, there was only faithful Mom Beck to do everything.

There was something magnetic in the child's eyes.

Mrs. Wyford shrugged her shoulders uneasily as she caught their piercing gaze fixed on her.

"I do believe that little witch understood every word I said," she exclaimed.

"Oh, certainly not," was the reassuring answer. "She's such a little thing."