that
this valuable present was intended for him.

"Is it for me?" he asked, hesitatingly.

"Yes," said Mrs. Rockwell, smiling pleasantly. "I hope you will find it
of service."

"It is too much," said Dick. "I do not deserve it."

"You must let me be the judge of that," said the lady, kindly. "Here is
the key; I nearly forgot to give it to you. I suppose you know how to
wind it up?"

"Yes," said Dick. "I understand that. I am _very_ much obliged to you."

"You are very welcome. Whenever you look at it, let it remind you that
under all circumstances you can rely upon the friendship of Johnny's
parents."

Dick slipped the watch into a watch-pocket in his vest, for which he had
never before had any use, and attached the chain to his button-hole.

"How beautiful it is!" he said, in tones of admiration.

"It was bought at Ball & Black's," said Mrs. Rockwell. "If it should not
keep good time, or anything should happen to it, I advise you to take it
there, and they will repair it for you."

Dick perceived by his new watch that it was nearly ten o'clock, and rose
to go. He was kindly invited to renew his visit, and promised to do so.
Just as he was leaving the room, Mr. Rockwell handed a sealed envelope
to Dick, saying, "Put this in your pocket, Richard. It will be time
enough to open it when you get home."

Dick sped home much more quickly than he had come. He thought with
delight of Fosdick's surprise when he should see the new watch and
chain, and also with pardonable exultation of the sensation he would
produce at the table when he carelessly drew out his watch to see what
time it was.

When he reached his boarding-house, and went upstairs, he found Fosdick
sitting up for him.

"Well, Dick, what sort of a time did you have?" he asked.

"Tip-top," said Dick.

"Who did you see?"

"Mr. and Mrs. Rockwell, and two children,--Johnny, the one I fished out
of the water, and his sister, Grace. Johnny's a jolly little chap, and
his sister is a nice girl."

"Halloa, what's that?" asked Fosdick, suddenly espying the watch-chain.

"What do you think of my new watch?" asked Dick, drawing it out.

"Do you mean to say it is yours?"

"Yes. Mrs. Rockwell gave it to me."

"It's a regular beauty. Mr. Henderson has got one that he paid a hundred
dollars for; but it isn't as nice as yours."

"Seems to me I have no end of luck," said Dick. "I'll be a young man of
fortun' before I know it."

"People will think you ar