Nevertheless, both lads wore their watches very proudly. They were just what they had longed for, and although the timepieces were not very valuable, they were good, practical instruments.

The boys held them now, as they watched the racing shells, and came pretty close to knowing by how many seconds the Rockledge crew beat the Belden, when the shells raced down to the starter's boat.

There was an extra supper that night. Mary baked an enormous cake, with candles on it, and the date of the winning of the boat race traced in pink frosting. This was set down in the middle of the upper table, and Captain Gray had the honor of cutting it. A good-sized piece was sent around to each boy, and Gray was called on for a speech.

The handsome, well-dressed lad was not afraid to speak in public. He was a bit forward but goodhearted. Yet perhaps the Doctor was just as well suited that Barrymore Gray should not be in line for the Medal of Honor.

There was a certain conceit about his character which had always troubled the good doctor; yet Barry had carried off the duties of his captaincy with success.

Frank Durrock was appointed captain for the coming year, and he was called on for a speech, too, having rowed bow in the winning shell. Frank was another sort of a boy. He could only nod his thanks and sit down in confusion.

The youngsters cheered Barry and laughed at Frank; yet they all liked the latter pretty well, too.

The Doctor himself covered Frank Durrock's confusion by making a little speech. His last words were: "And now, boys, to-morrow we decide upon the winner of the Medal of Honor. All electioneering must cease to-night, you know. Be prepared to-morrow to settle for yourselves who is the most popular candidate. You are dismissed."

CHAPTER XXV

THE WINNER