“I think we’re all wrong!” said Sir Bodkin suddenly. “This is Margaret’s birthday and I believe this is for her, ’cause it looks something like a jewel-box to me and——”

“What’s the matter? What are you all looking at so intently!” cried Margaret herself just then as she jumped out of bed and ran over to see.

“Oh, look!” she cried in delight, picking up the blue leather box and pressing the spring-button in the front. The lid flew up and the cause of all the disturbance lay there, before their eyes, ticking away on the white satin lining.

“A silver wrist-watch for my birthday!” gasped Margaret with her eyes growing bigger and bigger with surprise and pleasure.

Sir Bodkin and all the One-Eyed Fairies fell back in astonishment.

“Many, many happy returns of the day, My Lady!” said the King, bowing and bending.

“That’s just what it says on this card,” cried Margaret and read aloud:

“Many happy returns of your birthday, our dear,

We wish, with this little surprise.