"Initials," repeated Ferdy, getting rather pink.

"Ah," said the wood-carver with a smile, "you can't quite take Thomas as an example, my boy. Why, compared to many of the even well-to-do people about, his whole life is 'a thing of beauty.' Look at the rooms he lives in, the gardens, the ladies he sees. And as for those Draymoor folk, they'd rather have the bar of an inn than the finest picture gallery in the world. No, miss, with all respect, you 'can't make a silk purse out of a sow's ear.'"

Ferdy laughed. He had never heard the quaint old saying before, and as it was time for Mr. Brock to go, no more was said.

But both Miss Lilly and Ferdy had their own thoughts and kept their own opinion.

Ferdy's own work made him very happy, and of its kind it was very nice. His little mind was full of sweet and pretty fancies, but these, of course, for such a mere child as he was, and especially as he could not sit up to do his carving, it was very difficult to put into actual shape.

But his happy cheeriness kept him from being discouraged.

"I shall never be as clever as Jesse," he told Miss Lilly and Christine, "but I don't mind. P'r'aps when we're big I'll think of things for Jesse to do."

"You can't tell yet what you may be able to do when you're big," said his governess. "I think it is wonderful to see all you can do already. Those animals for the poor little children at the hospital are beautiful, Ferdy."

"They're toys," said Ferdy with some contempt, "only," more cheerfully, "I'm very glad if they'll please the poor little children. But oh, Miss Lilly dear, if I could make you see the beautiful things I think! The prettiest of all always comes something like the oriel window—like an oriel window in fairyland."

"Was there a window like that in the house the little fairy had to build, do you think, Miss Lilly?" asked Christine.