ble little fellow. "Look here;" and he
pulled the note he had received from Mr. Munroe out of his pocket. "Do
you call this charity?"

"Perhaps he can never pay you; at least it will be a long time."

"No matter; it is a fair trade. We lent him the money."

And Tony argued the point with as much skill as a lawyer would have
done, and finally so far succeeded in convincing Paul, that his face
brightened with a cheerful smile, and he joined with hearty zest in the
preparations for the May-day picnic.

A long spruce pole, which had been prepared for the occasion by Uncle
Ben, was towed to the island by the Zephyr, and erected in a convenient
place. The brushwood in the grove was cleared from the ground, the large
stones were rolled out of the way, and were used in constructing a pier
for convenience in landing. When their labors were concluded it was
nearly dark, and the boats pulled for home, each member of the clubs
anticipating a glorious time on the approaching holiday, for such the
committee had decided the First of May should be.

CHAPTER XII.

FIRST OF MAY.

May day came--warm, bright, and beautiful. At six o'clock in the morning
the Zephyr and the Butterfly were manned, and the boys went over to the
island to trim the May-pole with evergreen and flowers. The Sylph was
degraded for the time into a "freighting vessel," and under command of
Uncle Ben conveyed to the island chairs and settees for the use of the
guests, tables for the feast, music stands for the band, and other
articles required for the occasion.

About nine o'clock the guests began to arrive, and were conveyed to the
island by the two club boats--the Sylph having gone down to Rippleton
after the band. The Sedleys, the Westons, Mr. Hyde, the parents of all
the members of the clubs who could attend, all the boys and girls of the
school, and a few gentlemen and ladies from the village who had
manifested a warm interest in the welfare of the two associations,
composed the party; and before ten they were all conveyed to the scene
of the festival.

"Have you got them all, Frank?" asked Captain Sedley, as the coxswain
was ordering his crew ashore.

"All but the Munroes, and the Butterflies are going for them by and by."

"Tom is hoisting the signal," added Captain Sedley, pointing to a blue
flag on the shore, which the gardener had been directed to hoist when
anyone wished to go to the Island.

"We will go, Frank," said Tony; and away d