"The excellent old lady whom the wolf ate up was a friend of mine, and after that sad affair I kept it to remember her by, my dears. It is an immortal basket, and all children love it, long to peep into it, and would give much to own it."

"What am I to do?" asked Babie, as the god-mother hung the basket on her arm.

"Go to the Royal Park, my dear, where all the young lords and ladies walk; stand by the great fountain, and when any children ask about the basket, tell them they may put in their hands and take what they find for a silver penny. They will gladly pay it, but each must kiss the penny and give it with a kind word, a friendly wish, before they take the pinnies. When all are sold, lay the silver pennies in the sunshine, and whatever happens, be sure that it is what I wish. Go, now, and tell no one where you come from nor why you sell your wares."

Then Babie put on her little red cloak, took the basket on her arm, and went away toward the city, while her playmates called after her,—

"Good luck! good-by! Come home soon and tell us all about it!"

When she came to the great gate, she began to fear she could not get in, for, though she had often peeped between the bars and longed to play with the pretty children, the guard had always driven her away, saying it was no place for her. Now, however, when she came up, the tall sentinel was so busy looking at her basket that he only stood smiling to himself, as if some pleasant recollection was coming back to him, and said slowly,—

"Upon my word, I think I must be asleep and dreaming, for there's little Red Riding-Hood come again. The wolf is round the corner, I dare say, Run in, my dear, run in before he comes; and I'll give the cowardly fellow the beating I've owed him ever since I was a boy."

Babie laughed, and slipped through the gate so quickly that the guard rubbed his eyes, looked about him, and said,—

"Yes, yes, I thought I was asleep. Very odd that I should dream of the old fairy-tale I haven't read this twenty years."

In a green nook near the great fountain, Babie placed herself, looking like a pretty picture with her smiling face, bright eyes, and curly hair blowing in the wind. Presently little Princess Bess came running by to hide from her maid, of whom she was sadly tired. When she saw Babie, she forgot every thing else, and cried out,—