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252 sensible wish you'll let us have it out again, of course?"

"Of course, of course," Mabel agreed.

So they trooped up to the castle, and Mabel once more worked the spring that let down the panelling and showed the jewels, and the ring was put back among the odd dull ornaments that Mabel had once said were magic.

"How innocent it looks!" said Gerald. "You wouldn't think there was any magic about it. It's just like an old silly ring. I wonder if what Mabel said about the other things is true! Suppose we try."

"Don't!" said Kathleen. "I think magic things are spiteful. They just enjoy getting you into tight places."

"I'd like to try," said Mabel, "only—well, everything's been rather upsetting, and I've forgotten what I said anything was."

So had the others. Perhaps that was why, when Gerald said that a bronze buckle laid on the foot would have the effect of seven-league boots, it didn't; when Jimmy, a little of the City man he had been clinging to him still, said that the steel collar would ensure your always having money in your pockets, his own remained empty; and when Mabel and Kathleen invented qualities of the most delightful nature for various rings and chains and brooches, nothing at all happened.

"It's only the ring that's magic," said Mabel at last; "and, I say!" she added, in quite a different voice.