she had ever seen.

"Oh, isn't it wonderful," chorused a bevy of friends as they gathered
about.

"It's the nicest thing that ever happened to me," Penny declared. "I
can't begin to say how grateful I am."

"Aren't you going to look at the inscription?" her father inquired, his
eyes twinkling.

In surprise she glanced down at the case. Her face flushed.

"Read it aloud!" commanded her friends.

Penny was too confused to obey. For engraved on the watch case, in the
tiniest of letters, were the words:

"TO PENNY NICHOLS
FOR DISTINGUISHED SERVICES
AS AN AGENT OF JUSTICE."

THE END

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