When Johnny leaped over the rope in the circus tent the previous afternoon, in his rush toward the lady performers, he had dodged behind the trained elephants. This took him out of the view of the twins, Marjory and Margaret. So interested were they in the elephants that they did not miss him, and not having noted the sparkle in the sunlight which sent Johnny on his mad chase, they remained fully occupied in watching the regular events of the circus.

The elephants had lumbered into the side tent, the tight-rope walker had danced her airy way across the arena, the brown bear had taken his daily bicycle ride, and the human statuary was on display, when Marjory suddenly turned to Margaret and said:

“Why, Johnny’s gone!”

“So he is,” said the other twin. “Perhaps he didn’t like it. He’ll be back, I’m sure.”

The maid was quite accustomed to looking after the millionaire twins, so when Johnny failed to put in an appearance at the end of the performance, they passed out with the throng, the maid hailed a taxi and they were soon on their way home.

It was then that Marjory, looking down, noticed that the fine gold chain about her neck hung with two loose ends. Catching her breath, she uttered a startled whisper:

“Oo! Look! Margaret! It’s gone!”

Margaret looked once, then clasped her hands in horror.

“And father said you mustn’t take it!”

“But it was our first, our very first circus!”