"Now, don't get fainty, Peggy, or Miss Margaret Prescott," admonished Jess; "as Jimsy says, 'brace up,' the best is yet to come."

A man came up to where they were sitting. In his hand he had a slip of pink paper.

Roy reached out for it, but the man said that he had instructions to hand it only to Peggy.

"It's the check for the prize-winning money," he explained.

Peggy took it and sat gazing at it for a minute.

"Oh, Peggy, what are you going to do with it?" asked Bess. "Buy some dresses or hats or——"

"None of those things," said Peggy; "I made up my mind before I went into the race as to what I would do with the money if I won."

"And what's that?" asked Miss Prescott.

"Why, it must go toward The Wren's education," rejoined the girl.

"Oh, Peggy, you darling!" cried Jess, flinging her arms round her chum, in full view of the grandstand and the crowd below.