one another with startled eyes.

"Yes, that's what it is--an old pocketbook," went on Mr. Ravenwood. "How
in the world it ever came here I can't imagine, unless----"

"Is it really a pocketbook?" asked Mrs. Brown in a strange voice, and
her face was slightly pale as she turned to look at what had been taken
out from under the engine. "Let me see it."

"Don't touch it!" cautioned Mr. Ravenwood. "It's soaked with oil and
grease."

"What is in it--if anything?" went on Bunny's mother, in that same
strange voice.

"I'll look," offered Mr. Ravenwood. "My hands can't get much more oily."

While the others eagerly watched, he opened the object, which really was
a water and oil-soaked pocketbook, and he thrust his fingers down in the
different compartments.

"Seems to have a little money in," he said, as he took out some nickles
and pennies, and laid them on the cover. "Here's a--well, I declare,
it's a five-dollar bill!" he said, as he opened a piece of paper. "It's
covered with oil and grease, but it can be washed clean and will be as
good as ever."

"A five-dollar bill!" exclaimed Mrs. Brown. "Oh, is there--is there
anything else in the pocketbook? If there is, it must be----"

Mr. Ravenwood thrust his fingers into another section. A strange look
came over his face as he drew out and held up in the sunlight something
that gleamed and glinted and sparkled.

"A diamond ring!" he cried.

"Oh, it's my mother's! It's my mother's!" shouted Bunny Brown. "Give it
to her!"

Mr. Ravenwood wiped the diamond ring on a clean bit of white waste, and
then handed it to Mrs. Brown.

"Yes, it is mine. It's my diamond engagement ring that was in the
pocketbook the dog took away! Oh, how glad I am!" she said, and there
were tears in her eyes as she slipped the ring on her finger.

"Of all the remarkable happenings!" exclaimed Mrs. Slater.

"Just like a fairy story!" laughed Sue.

"Did Sandy drop the pocketbook in the boat?" asked Bunny.

"I think that must be how it happened," answered Mr. Ravenwood, as he
looked in the purse for anything more that it might contain; but there
was nothing. "Do you want it saved?" he asked Mrs. Brown.

"No, it was an old pocketbook and you might as well toss it overboard,"
she answered. "I have all I wanted out of it--my diamond ring."

"Well, we got the money back, too," said Bunny. "Can you really wash a
five-dollar bill?" he asked.

"Oh, yes," Uncle Tad assured him. "I'll wash this an