"And what's the third way, Paul?"

Just then Grandpa's truck roared into the yard, brakes screeching. Grandpa himself banged into the house like a Fourth of July firecracker. He threw his hat on the peg, then with both hands began rubbing the bristles in his ears.

"I say there's got to be a Pony Pennin' this year like allus," he stormed. "Why, it's the oldest roundup in America! We jes' can't let folks down 'cause of a little flood. Why, come July and roundup time, folks are goin' to pack their night things and set out for Chincoteague hopin' to give their kids a real hollerday. And they're goin' to drive fer miles an' miles, and when they get here—NO hollerday! No Pony Penning!" He snorted in disgust. "I won't hear to it! I jes'—"

"Grandpa!" Paul interrupted. "Who says there won't be a Pony Penning?"

"Why, the Mayor's committee and the firemen, they say ain't enough wild ponies left over to Assateague to make it excitin', and no money in the treasury to buy new ones.

"What's more," he bellowed, "they're right! But I ain't told 'em so! 'Cause without ponies this-here island is dead. Do ye think folks comes here to see oysters and clams and biddies?"

"No, Grandpa."

"Ye're dead right they don't! They come to see wild ponies swimmin' across the channel, and feudin' and fratchin' in the pens. Pony Penning Day! That's what they come fer. Can't see it nowhere else in the world."

Paul and Maureen were aghast. July without Pony Penning was unthinkable. "All year I been answering letters about Misty," Maureen said. "And in every one I invited people to come to Pony Penning, people from all over the United States. Even one to Alaska."

Paul broke in. "And this year folks'll come special on purpose to see Misty's baby."