They had already reached one of the gravelled paths leading through the park, and it was time to take leave of each other. They separated with mutual cordiality.

"Now, Elsie," said Ernst, as the other three vanished behind a group of trees, "we'll see which of us will reach the corner first." The corner was the entrance to a narrow forest-path which led directly to the foot of the mountain.

"Agreed, my darling," laughed Elizabeth, and began to run. At first she kept even step with the little boy who was beside her; but just before the goal was reached, she flew forward lightly as a feather, and stood in the entrance of the path, and, to her terror, close to the head of a horse which snorted violently. Hector, who was by her side, barked loudly. The horse leaped aside and stood erect upon his hind legs.

"Back!" cried a powerful voice. Elizabeth snatched op the little boy and sprang with him out of the way, while the horse rushed out of the forest, and, scarcely touching the ground with his hoofs, galloped madly across the meadow. Herr von Walde was seated upon the frightened animal, which did its best to throw its rider. He, however, sat firm as a rock; only once he leaned from his saddle and struck with his riding-whip at Hector, who was leaping and barking about the horse, greatly increasing its fright. For awhile it bounded wildly over the meadow, then suddenly turned away and disappeared into the forest.

Elizabeth's teeth fairly chattered with fright at the horrible accident which she had no doubt would shortly occur. She took Ernst by the hand and was about to run to the castle for assistance, when, before she had gone many steps, she saw the horseman returning. The animal was much more quiet, his bit was covered with foam, and his legs trembled. Herr von Walde patted his neck caressingly, sprang off, tied him to a tree, and then approached Elizabeth.

"Pray forgive me," she said in a trembling voice, as soon as he stood beside her.

"What for, my child?" he rejoined gently. "You have done nothing. Come, sit down upon this bank, you are deadly pale."

He moved as if to take her hand and lead her to the spot which he had designated, but his arm dropped instantly by his side. Elizabeth mechanically obeyed him, and without another word he seated himself beside her. Little Ernst leaned against his sister and fixed his large beautiful full eyes upon Herr von Walde's face. The boy had been frightened for one moment when the horse had first appeared, but the gallop around the meadow had amused him, for he had no suspicion of danger.

"What did you intend to do when you came running so hastily into the forest?" Herr von Walde asked Elizabeth after a short silence.

An arch smile played about the still pale lips of the young girl. "I was pursued," she replied.