Robin was a reasonable schoolmaster, and did not give questions that had not been already gone over, or that could not be understood. When each pupil had finished a question, the teacher went over quietly, examined the slate, and whispered the result.

Silver Ribbon succeeded with the first question, and she was happy; with the second also, and her spirits rose high. She was, she thought, going to be chief prize-winner and the head of her class after all. But her hopes were soon crushed. She was wrong in the 3rd question and the 4th, still she held on bravely. She was wrong in the 5th, 6th and 7th, and her spirits fell. She looked wistfully towards the best pupils' slates, but even her sharp eyes could not discern the figures. When she found herself incorrect in questions 8, 9 and 10, she felt sick at heart, and when she tackled the remaining questions her heart palpitated painfully, the perspiration came down in beads from her little forehead, and her hands felt clammy and cold. She was wrong to the very last, and she fell into complete despair.

When the results were announced to all the class, everyone was surprised to hear that Black Ribbon was first and that Silver Ribbon was last. Black Ribbon was cheered three times over, and was astonished to find himself famous, while poor Silver Ribbon was dazed, and her little head dropped upon her medal and breast. As her chin touched the medal, she was reminded of its presence, a shining mockery seen by all, and she hated it from the bottom of her heart.

Robin drew up the white toy-horse and presented it to Black Ribbon, and the class cheered again and again. He then presented the other gifts to the pupils in the order of merit till he came to poor Silver Ribbon. He was so sorry when placing his hand gently underneath her little chin and raising her head he saw that her eyes were dull, wet and very sad. He knew at last that she had been a copyist and a deceiver, but he gave her no rebuke while removing the medal from her breast. He felt keenly that she was suffering punishment enough from disappointment, shame and humiliation. Not knowing how she had been tempted to cheat him, he placed by her side the only remaining gift, which was a pretty little toy snake. All eyes were upon her, saying nothing, yet pitying and despising her. She looked sideways at the toy a moment and shuddered—shuddered at what would have delighted any of the others—and being unable to bear the shame any longer she leaped from her chair and ran away.

"Didn't I tell you that you had a cheat in the class?" said Chattie sorrowfully.

"She has cheated herself more than anyone else," answered Robin regretfully.

"One can't live long on empty nuts," said Hug-grippy gloomily.

Robin now commended the class for their diligence and progress, and amidst great cheering announced a long vacation. He then tied the silver medal with golden silk on the neck of Black Ribbon, who tried to repress a happy smile, while all the others cheered wildly. Taking the little victor up in his arms, he caressed him and said—

"My clever pet, my mother has asked me to say that hard work and honesty have their true and lasting reward. Your name henceforth is Golden Ribbon."

The signal was given to Chattie, and she dismissed the class with an exultant Indian whoop that even startled big Bruin and made him laugh.