The hook swung in, almost striking her in the face; and both she and Tim Reardon dodged. The next moment, she made a sweep with the rod, to throw the hook back toward the water. Something caught, and she felt a slight tug at her neck. She dropped the rod and uttered a cry of dismay.

"What's the matter?" cried Little Tim. "Did you get hooked?"

But the girl made no answer. She stood, holding the ends of the broken chain in either hand, anxiously looking all about her.

"The coin!" she gasped. "Tim, I've lost the coin. Oh, won't gran' give it to me if I've lost that again!"

They hunted everywhere about them, parting the tufts of grass carefully and poking about on hands and knees. But the coin was nowhere to be seen.

"I tell you what," suggested Tim, "it's gone into the water. Never mind, though; I can get it. I'll dive for it."

They were at the edge of a little bank, from which the water went off deep at a sharp angle. They gazed down into the water, but there was not light enough within its depths, nor was it sufficiently clear to enable them to see the bottom.

"I'm going in after it, too," exclaimed Bess Thornton; "but I can't in this dress." She glanced at the sailor-suit she wore. "I'm going back to the house and put on the old one. You try for it while I'm gone, won't you, Tim?"

The boy nodded; and Bess Thornton, half in tears, started off on a smart run to the old house. In her dismay, she had forgotten that Granny Thornton had returned from the inn; but she was speedily aware of that fact as she darted in at the kitchen door. There stood Granny Thornton, with mingled anger and alarm depicted on her countenance.

"Oh," she cried, "I'd just like to shake you, good. Give me back that chain and the coin. Don't say you didn't take it. I found it gone. What do you mean by going into that drawer? Don't you ever—"