The day appointed for the race between the Zephyr and the Butterfly had arrived, and the large number of people congregated on the shores of Wood Lake testified to the interest which was felt in the event. Probably the exciting incident at the bridge, which had been published in the newspaper, imparted a greater degree of interest to the race than it would otherwise have possessed. It was a beautiful afternoon, mild and pleasant for the season, which favored the attendance of the ladies, and the lake was lined with a row of cheerful faces.

"All aboard!" said Frank, as he dissolved a meeting of the Zephyrs, which he had called in order to impart whatever hints he had been able to obtain from his father and others in regard to their conduct.

Above all, he had counseled them, in case they were beaten, to cherish no hard feelings towards their rivals. Not a shadow of envy or ill-will was to obscure the harmony of the occasion. And if they were so fortunate as to win the race they were to wear their honors with humility; and most especially, they were not to utter a word which could create a hard feeling in the minds of their competitors. Whatever the result, there was to be the same kindness in the heart, and the same gentlemanly deportment in the manners, which had thus far characterized the intercourse of the two clubs.

"All aboard!"

The Zephyrs were more quiet and dignified in their deportment than usual. There was no loud talk, no jesting; even Fred Harper looked thoughtful and serious. Each member seemed to feel the responsibility of winning the race resting like a heavy burden upon his shoulders.

The boat was hauled out into the lake, and once more Frank cautioned them to keep cool and obey orders.

"Don't look at the Butterfly after we get started," said he. "You must permit me to keep watch of her. Keep both eyes on me, and think only of having your stroke perfectly accurate, perfectly in time with the others. Now, remember, don't look at the Butterfly; if you do, we shall lose the race. It would distract your attention and add to your excitement. If she gets two or three lengths ahead of us, as I think she will on the first mile, don't mind it. Pull your best, and leave the rest with me."

"Ay, ay!" replied several, quietly.

"Do you think we shall win, Frank?" asked Charles, who had put the same question a dozen times before.

"We must think that we shall," replied Frank, with a smile. "Here comes the Butterfly. Now, give her three cheers. One!"

"Hurrah!"

"Two!"

"Hurrah!"

"Three!"

"Hurrah!"

This compliment was promptly returned by the Butterfly, as she came alongside the Zephyr.

"Quarter of three, Frank," said Tony.

"Time we were moving then," replied Frank, as he ordered the oars out, and the boats started for the spot where the Sylph, the judges' boat, had taken position.

They pulled with a very slow stroke, and not only did the respective crews keep the most exact time, but each timed its stroke with the other. It was exhibition day with them, and they were not only to run the race, but to show off their skill to the best advantage. Hundreds of people, their fathers and their mothers, their sisters and their brothers, were observing them from the shore, and this fact inspired them to work with unusual care.

It was a very beautiful sight, those richly ornamented boats, their gay colors flashing in the bright sunshine, with their neatly uniformed crews, their silken flags floating to the breeze, and their light, graceful oars dipping with mechanical precision in the limpid waters. As they glided gently over the rippling waves, like phantoms, to the middle of the lake, a long and deafening shout from the shore saluted their ears. The white handkerchiefs of the ladies waved them a cheerful greeting, and the Rippleton Brass Band, which had volunteered for the occasion, struck up Hail Columbia.

"Cease—rowing!" said Frank, as he rose in his seat.

Tony followed his example, though this movement had not been laid down in the program.

Frank then took the American flag which floated at the stern, and Tony did the same.

"All up!" said he. "Let us give them three cheers."

"Mind the coxswain of the Zephyr," added Tony, "and let them be all together and with a will."

"Hats off, and swing them as you cheer."

The cheers were given with all the vigor which stout lungs could impart, and the flags waved and the hats swung.

The salute was reiterated from the shore, and above the martial strains of the band rose the deafening hurrahs.

"Ready—pull!" and the boats resumed their slow and measured stroke, and the band changed the tune to the Canadian Boat Song.

When they reached the judges' boat, the two coxswains drew lots for the choice of "position," and the Butterfly obtained this advantage. The two boats then took their places, side by side, about two rods apart, ready to commence the race.

"Tony," said Frank, rising, "before we start I have a word to say. Whatever may be the result of the race, for myself and my crew, I pledge you there shall be no hard feeling among the Zephyrs."

"No, no, no!" added the club, earnestly.

"If you beat, it shall not impair our friendship; there shall be no envy, no ill-will. Do you all say so, Zephyrs?"

"Ay, ay!"

The Butterflies clapped their hands vigorously, in token of their approbation of the pledge, and Tony promised the same thing for his club.

"Now we are ready," added Frank. "Keep perfectly cool, and mind all I have said. Ready!"

Uncle Ben stood in the bow of the Sylph, with a burning slow match in his hand, ready to discharge the cannon which was to be the signal for starting. It was a moment of intense excitement, not only to the crews of the boats, but to hundreds of spectators on the shore.

It was undeniably true that the Zephyrs, in spite of the warnings which Frank had given them, were very much excite............