'To think,' said Hildegarde, 'of there being a secret staircase that nobody knows of, for I am sure no one does know of it. But oh, Leonore, how very high we seem to be going'; for though they had been mounting for some minutes, there was no sign of the staircase coming to an end.

This time it was Leonore who encouraged her friend.

'Hush!' she said, 'I hear something; it is the sound of the spinning-wheel, Hildegarde; I believe we shall see our fairy in a second now.'

She was right. They found themselves on a little landing, the entrance to which was screened by blue silk hangings, just like those in their room below, and as they stood, uncertain what to do next, the curtains were drawn apart, revealing the prettiest picture they had ever seen; for there sat the spinning-wheel fairy, busy at work as usual, but the thread she was spinning was neither flax nor wool, nor even silk. What it was the children could not tell, unless, as they said afterwards to themselves, it was made of rainbows. Fine as it was, it glittered and shone, seeming of every colour in turn, sparkling against the pure white robe of the fairy spinner. For a moment or two she did not speak to them, and they stood silent in admiration.

Then she stopped and greeted them with a smile. 'I had not forgotten you, you see,' were her first words. 'I have been spinning for you all to-day.'

'Are you going to take us somewhere?' asked Hildegarde; 'is the thread to make ladders of again?' and she touched it gently as she spoke.

The fairy shook her head.

'No,' she replied, 'guess once more.'

'I had thought,' said Leonore, 'that our next treat would perhaps have to do with the sea. We have been down in the ground with the gnomes, and up in the sky with the air-fairies, and we don't want to go into fire-land, but we should like to hear about mermaids and sea-fairies.'