tude. It was arranged that the two families should spend a summer
holiday together in Switzerland--an event to which Donald, Meg, and
Gipsy, with their thoughts on the joys of mountaineering, looked forward
with the keenest anticipation.

"I've only one regret," confessed Gipsy on the breaking-up day. "If I'm
moved up next term into the Fifth, I shan't be Lower School any more,
and it will mean goodbye to the United Guild."

But as none of us can remain stationary, and all growings are
outgrowings, I think we may safely predict that Gipsy, who won her way
as leader of the Juniors, will have an equally successful career among
the Seniors, and that her name will be handed down in the annals of
Briarcroft institutions as that of one who upheld the common weal, and
whose record was an asset to the school.

* * * * *

PRINTED IN GREAT BRITAIN
_By Blackie & Son, Limited, Glasgow_

* * * * *

Transcriber's Notes:

Obvious punctuation errors repaired.

Page 66, "appearance" changed to "appearances" (but for appearances'
sake)

Page 116 "sh" changed to "she" (for it if she)

Page 256, "sake's" changed to "time's" (time's sake)

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