Katy began to cry, as the last hope of redemption from the fangs of Dr. Flynch fled. Even Master Simon Sneed was alarmed at the idea of being handed over to the police; but his sense of dignity compelled him to enter his earnest protest, against the proceeding of the broker, and even to threaten him with the terrors of the law. The money-lender repeated his menace, and even went to the door, for the apparent purpose of putting it into execution.

"Come, Katy, let us go; but I assure you I will represent this outrage to my friend the mayor, in such a manner that entire justice shall be done you," whispered Simon. "I cannot remain any longer away from my business, or I would recover the watch at once."

"O, dear! my poor mother!" sobbed Katy.

"Don't cry, my child; leave it all to me, and run home as fast as you can. You shall have the watch again, for I will call in the whole police force of Boston to your aid;" and Master Simon ran away to attend to the affairs of Sands & Co., which Katy innocently concluded must be suffering by this time from his absence.

Poor Katy! with a heavy heart she wandered home to tell her mother of this new misfortune.

CHAPTER IV.

KATY MATURES A MAGNIFICENT SCHEME.

"I suppose it is all for the best, mother," said Katy, when she had told her sad story of disappointment. "I can't get those words out of my head, since you have told me about my father. I feel just as though everything would come out right, it does go very bad just now."

"I am glad you feel so, Katy," added Mrs. Redburn. "It will make you much better contented with your lot. I have suffered so much that I cannot help repining a little, though I feel that my destiny and yours is in the hands of the wise Father, who bringeth good out of evil."