"She's—she's safe!" gasped Nan. "I covered her face so she should not breathe the smoke."

"And you're safe—you dear!" cried Bess, hugging her.

"And what a little trump that kid is," cried Walter, taking Inez by the shoulders and lifting her suddenly into his arms. He implanted a kiss on the child's smooched face, and put Inez down, laughing, when she struggled and cried out.

"Say, you're too fresh, you are," declared Inez. "Who told you you could kiss me? I don't like boys—much—anyway."

This made the other girls laugh. Walter aided Nan out of the alley. The policeman carried Pearl out into the back street and to the nearest drug store. There she was revived, and Linda telephoned for a taxi-cab to take them both home.

The rich girl had little to say to the Masons, or Nan and Bess. And certainly the four friends said nothing to her. They were convinced that there would have been no panic in the theatre had it not been for Linda Riggs; and her treatment of her own cousin had disgusted them all.

When Pearl had revived, being still very sick, the druggist gave her some medicine and then Linda took her home in the cab. Pearl knew, however, who had saved her from the fire. Bess Harley saw to it that there was no mistake about that.

"And we both owe our escape, I verily believe, to little Inez," Nan said, laughing, and stroking the head of the waif fondly. "The dear little thing came right inside and found us in the smoke. I was almost out of breath."

Pearl was quietly grateful to Nan, however, and she kissed Inez. When she went away in the cab Nan's hand was the last she touched, and Nan knew that she had made a friend for life of Pearl Graves. Nan refused to allow the Masons or Bess to talk of the matter. They all walked home, and by the time they reached the Mason house were all more quiet and able to appear before Mrs. Mason as though nothing extraordinary had happened.

It was not until the next morning at breakfast time, indeed, that Walter's and Grace's parents learned of the fire in the new theatre. Not much damage had been done the house; but several people had been hurt; and the escape of Walter and his party had been really miraculous.