"I suppose so," said Gwin; "but I don't think that really depends upon the amount of the subscription. What do you say to half a guinea, girls?"

Alice looked thoughtful, and Elma's face turned rather pale; but she was the first to say she thought Gwin's suggestion an admirable one.

"Then that is all right," said Gwin, "and I will set to work to write out the rules as neatly as I can. After they are all set out in due form, we can see if there are any improvements to be suggested."

Gwin set to work, bending low over her foolscap paper, and Alice offered to help her. Elma and Bessie wandered out of the room, and soon their conversation turned to the much-discussed subject of Kitty.

Bessie stood up warmly for the harum-scarum Irish girl, as Elma called her.

"She has a lot of good in her," said Bessie warmly. "She would be a splendid girl if she were tamed down a little. I really don't think we want to take much of the fire out of her; but if she would only restrain some of her wild speeches it would be all the better; for if she remains as frank as she is at present to the end of the chapter she cannot help making enemies."

"I want to ask you a question, Bessie," said Elma, dropping her voice to a low tone; "is it true that Kitty Malone is rich?"

"Rich?" echoed Bessie. "I really cannot tell you."

"I thought you might happen to know, as you have made such chums with her. She is your greatest friend now at Middle ton School, is she not?"

"Certainly not," replied Bessie. "What do you mean by asking me such a strange question, Elma? Alice is far and away my greatest friend, and after Alice I like Gwin best."