was already upon the lake.

Tony's spirits were unusually buoyant. The sympathy and co-operation of
the club in regard to Little Paul's father was in the highest degree
grateful to his feelings. Perhaps his companions did not so cheerfully
resign the project of the fleet; perhaps they had acted upon the impulse
of the moment; but they were all to experience the benefit of doing a
good deed, and sacrificing their own gratification for the happiness of
others. Tony felt better for the sacrifice they had made, and probably
the rest of them shared his feelings. He was satisfied that they did not
fully realize what they had done, and with the determination to take a
fit opportunity to talk over the matter with them, he took his place in
the boat.

The Zephyrs were laying on their oars, waiting for the Butterfly when
she backed out of the boat house.

"You are late, Tony, which is rather odd for you," said Frank.

"We had a little business to attend to, which detained us," replied
Tony; "and while we are here we may as well tell you about it. We have
voted our money away."

"For the fleet?"

"No; we have given that up."

"Indeed! Given it up?" exclaimed Frank, not a little surprised at this
declaration.