count ourselves very lucky."

"And to think we won the race after all! That's the best news I've heard in a long time."

"Oh, no, Bess. The best news is our escape, and Mrs. Bragley's, from serious injury. The race doesn't count alongside of that."

"Well, maybe you are right. Nevertheless, I am awfully glad we won."

The rest of the girls had already had their supper, but there was plenty left, and Nan and Bess did full justice to it. They had scarcely finished when, a message came to Nan that Dr. Prescott, the head of the school, wished to see her.

"I always feel nervous when I hear that Doctor Beulah wants to see me," remarked Laura, the madcap of the school. "But perhaps Nan has a better conscience than I usually have. Run along now, Nan, and take your medicine, and then come back and tell us all about it."

Nan went at once to the principal's room, and was graciously received by the serene, handsome woman who directed the activities of Lakeview Hall.

Dr. Beulah Prescott was a woman of culture and marked executive ability. For many years she had been the head of the school, and had won for it an enviable position among institutions of its kind. She had a large and valuable clientele, which was constantly expanding.

She was an extremely good-looking woman, and exquisitely groomed and dressed, although with an utter absence of ostentation. She knew the value of appearance, especially before the critical eyes of her schoolgirls, and never allowed herself to be seen at a disadvantage. Her rule was mild, but just and firm, and all the girls knew that she was not to be trifled with. Behind her back they often referred to her as Doctor Beulah, but none permitted herself any familiarity in her presence. Her poise was perfect. No one had ever seen her angry or flustered. When she did not inspire ardent affection, she always commanded the genuine respect of her pupils.

She greeted Nan pleasantly as the latter entered, and asked her to be seated.

"I hear you came near having a serious accident this afternoon, Nan," she said, "and I have sent for you to have you tell me all about it."

Nan told in detail the events of the afternoon, and the doctor listened with keen interest, interrupting once in a while to make some incident perfectly clear.

"It was a very narrow escape," she commented, when Nan had finished. "I am thankful beyond words that none of the girls was hurt or killed, as they so easily might have been. And I want to congratulate you on the way you played your part. I notice you left that out of your story, but others have already told me how cool and clear-headed you were through it all. I'm glad that you happened to be steering."

Nan flushed at the words of praise, and murmured rather uncomfortably that she had done only what any other of the girls would have done in her place.

"I differ with you there," replied Dr. Prescott, with a smile. "But we won't discuss that. What must be done is to make the coasting safer in the future. After this, I will have some one stationed at that crossing to warn passers-by. As for that poor woman, I will see that all the expenses of her illness are paid and that she is compensated besides for the fright and pain she has undergone."

"Pardon me, Dr. Prescott," said Nan with some diffidence, "but the girls feel that they ought to do most of the helping. They have already contributed a little, and they are planning to do more."

"A very commendable feeling," agreed the head of the school graciously. "But at least you will let me help. I know Mrs. Bragley. She is a very worthy woman."

"She seems to be," remarked Nan. "Her little house is poor, but everything about it is neat and clean. I gathered from some things she said that she used to be in fairly comfortable circumstances."

"That is true," was the response. "Her husband was a hard-working man and had saved up some money. But he was inclined to invest his savings in rather risky enterprises, and I imagine he was swindled out of most of it. It seems to me that I have heard something of that kind, though I don't recall it clearly."

"I would like to go over to the cottage as often as I can in the next few days to see what I can do to help, if you have no objections," remarked Nan.

"None whatever," rejoined Dr. Prescott. "In fact, I shall be very glad to have you do so, provided, of course, that you don't let it interfere with your school work. You can go now, Nan. You must be tired after the strain and excitement of this afternoon, and I would suggest that you go to bed early."

Nan bade the principal good-night and hurried up to her room, where she found a group of her special friends all on the qui vive to learn of her interview.