"My dears, he has more tin than he knows what to do with; but do you think I am going to have the poor old dear worried? When I was coming here he said, Polly, you shall have thirty pounds every term to spend as pocket money; not a penny more, not a penny less. And you must keep out of debt on it; mind that, Polly Singleton.' I gave the dear old dad a hug. He's the image of me-- only with redder hair and more freckles. And I said, I'll do my best, dad, and, anyhow, you sha'n't be put out whatever happens.'"

"Then you didn't tell him you'd keep out of debt?"

"No, for I knew I'd break my word. I've always been in debt ever since I could remember. I wouldn't know how it felt not to owe a lot of money. It's habit, and I don't mind it a bit. But I don't want dad to know, and I don't want Miss Eccleston to know, for perhaps she would write to him. If those old horrors won't wait for their money till next term, why there's nothing for it but an auction. I have some nice things and they'll go very cheap, so there's a chance for you all, girls."

"But if Miss Eccleston finds out?" said Miss Day.

"What if she does? There's no rule against auctions, and, as I don't suppose any of you will have one, it isn't worth making a rule for me alone. Anyhow, I'm resolved to risk it. My auction will be on Monday, and I shall make out an inventory of my goods tomorrow."



"Will you advertise it on the notice-board in your hall, dear?" asked Lucy Marsh.

"Why not? A good idea! The great A. will be held in Miss Singleton's room, from eight to ten o'clock on the evening of Monday next. Great Bargains! Enormous Sacrifice! Things absolutely given away! Oh, what fun! I'll be my own auctioneer."

Polly lay back in her armchair and laughed loudly.

"What is all this noise about?" asked a refined little voice, and Rosalind Merton entered the room.

Two or three girls jumped up at once to greet her.

"Come in, Rosie; you're just in time. What do you think Miss Singleton is going to do now?"

"I can't tell; what?" asked Rosalind. "Something outre', I feel certain."

Polly made a wry face and winked her eyes at her companions.

"I know I'm not refined enough for you, Miss Merton," she drawled.

"I'm rough, like my dad, rough and ready; but, at any rate, I'm honest-- at least, I think I'm honest. When I owe money, I don't leave a stone unturned to pay what I owe. Having sinned, I repent. I enter the Valley of Humiliation and give up all. Who can do more?"

"Oh, dear, Polly, I don't think I'd call owing a little money sinning," said Lucy Marsh, whose ideas were known to be somewhat lax.

"Well, my dear, there's nothing for those in debt but to sell their possessions. My auction is on Monday. Will you come, Rosalind?"

"You don't mean it," said Rose, her blue eyes beginning to sparkle.

"Yes, I do, absolutely and truly mean it."

"And you will sell your things-- your lovely things?"

"My things, my lovely, lovely things must be sold."

"But not your clothes? Your new sealskin jacket, for instance?"

Polly made a wry face for a moment. Putting her hand into her pocket, she pulled out Spilman's and Madame Clarice's two bills.

"I owe a lot," she said, looking with a rueful countenance at the sum total. "Yes, I even fear the sealskin must go. I don't want to part with it. Dad gave it me just before I came here."

"It's a lovely seal," said Annie Day, "and it seems a sin to part with it; it's cut in the most stylish way too, with those high shoulders."

"Don't praise it, please," said Polly, lying back in her chair and covering her eyes with her hand. "It cuts like a knife to part with dad's last present. Well, I'm rightly punished. What a fool I was to get all those j.a.panese things from Spilman and that fancy ball-dress for the theatricals. Oh, dear! Oh, dear!"

"Perhaps you won't want to part with your seal, dear," said Lucy, who was not so greedy as some of the other girls and really pitied Polly.

"You have so many beautiful things without that, that you will be sure to realize a good bit of money."

"No, Lucy, I owe such a lot; the seal must go. Oh, what a worry it is!"

"And at auctions of this kind," said Rosalind in her low voice, "even beautiful things don't realize much. How can they?"

"Rosalind is after that seal," whispered Lucy to Annie Day.

"The seal would swallow you up, Rosie," said Annie in a loud voice.

"Don't aspire to it; you'd never come out alive."

"The seal can be brought to know good manners," retorted Rose angrily.

"His size can be diminished and his strength abated. But I have not said that I want him at all. You do so jump to conclusions, Miss Day."

"I know what I want," said a girl called Hetty Jones who had not yet spoken. "I'm going in for some of Polly's ornaments. You won't put too big a price upon your corals, will you, Poll?"

"I shall bid for your American rocking-chair, Polly," exclaimed Miss Day.

"I tell you what you must do, Miss Singleton," shouted another girl, "you must get those inventories ready as soon as possible, and send them around the college for every one to read, for you have got such nice things that there will be sure to be a great rush at your auction."

"Don't sell any of the college possessions by mistake, my dear," said Lucy Marsh. "You would get into trouble then. Indeed, as it is, I don't see how you are to keep out of it."

Polly pushed her hands impatiently through her bright red hair.

"Who's afraid?" she said, and laughed.

"When are we to see your things, Polly?" asked Miss Jones. "If the auction is on Monday, there must be a show day, when we can all go round and inspect. I know that's always done at auctions, for I've been at several in the country. The show day is the best fun of all.

The farmers' wives come and pinch the feather-beds between their thumbs and forefingers and hold the blankets up to the light to see if the moths have got in."

"Hetty, how vulgar!" interposed Miss Day. "What has Polly's auction of her recherche' things to do with blankets and feather-beds? Now the cocoa is ready. Who will help me to carry the cups round?"

"I had some fun to-day?" said Rosalind, when each of the girls, provided with their cups of cocoa, sat round and began to sip. "I took Miss Propriety to town with me."

"Oh, did you, darling? Do tell us all about it!" said Annie Day, running up to Rosalind and taking her hand.

"There isn't much to tell. She behaved as I expected; her manners are not graceful, but she's a deep one."

"Anybody can see that who looks at her," remarked Lucy Marsh.

"We went to the Elliot-Smiths'," continued Rosalind.

"Good gracious, Rosie!" interrupted Hetty Jones. "You don't mean to say you took Propriety to that house?"

"Yes; why not? It's the jolliest house in Kingsdene."

"But fancy taking poor Propriety there. What did she say?"

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