When they smile in their guile, and hiss as they sing,

And hide under flatteries a venomous sting."

Answer: Wasp, Asp, Was, As.

The following words will be found suitable for use in puzzles of this nature:—

Span. (Snap, spa, asp, pan, nap.)

Price. (Rice, ice, rip, rep.)

Lady. (Lad, day, lay.)

Angel. (Angle, glean, leg, glen, lane, gale, Lea.)

Degrade. (Grade, dare, dear, ear, are, dad, gear.)