“We have just arrived,” spoke Betty in her capacity as captain. “We are cruising about, and we haven’t heard of any regatta or pageant, except a rumor that one was to be held some time this summer.” “Well, it’s only been in process of arrangement for about a week,” explained Mr. Stone. “It will be the first of its kind to be held on the lake, and we want it to be a success. Nearly all of the campers and summer cottagers, who have motor boats, have agreed to enter the parade, and also in the races. We’d like to enter you in both. We have different classes, handicapped according to speed, and your craft looks as though it could go some.” “It can,” Betty admitted, while Grace was intently studying the faces of the two young men. The more she looked at them, the more convinced she was that they were the ones who had been in the auto. “We saw you arrive,” said Mr. Kennedy, who, Mollie said afterward, had a pleasant voice, “and we hurried over to get you down on the list the first thing.” “Don’t disappoint us—say you’ll enter!” urged Mr. Stone. “You don’t know us, of course, but I have taken the liberty of introducing myself, If you are acquainted with any of the cottagers on the lake shore, or on Triangle Island, you can ask them about us.” “Oh, we are very glad you invited us,” replied Betty, quickly. She did not want the young men to think that she resented anything. Besides, if what Grace thought about them was so, they would want a chance to inquire about the young men more closely, perhaps, than the young men themselves would care to be looked after. For Betty recalled what Grace had said—that her father had a faint idea that perhaps the motorists might have acted as they did purposely, to get possession of the papers. “Then you’ll enter?” asked Mr. Kennedy. “We can’t be sure,” spoke Betty, who seemed to be doing all the talking. “Our plans are uncertain, we have no very definite ones, though. We intended merely to cruise about, and perhaps camp on one of the islands for a few days. But if we find we can, we will at least take part in the water pageant—that is, in the parade with the other boats.” “And we’d like you to be in the races,” suggested Mr. Kennedy. “Your boat has very fine lines. What horse power have you?” “It is rated twenty,” answered Betty, promptly, proud that she had the knowledge at her tongue’s end, “but it develops nearer twenty-five.” “Then you’d go in Class B.” said Mr. Stone. “I will enter you, tentatively at least, for that race, and if you find you can’t compete, no harm will be done. There are some very handsome prizes.” “Oh, do enter, Bet!” exclaimed Mollie in a whisper, for she was fond of sports of all kinds. “It will he such jolly fun!” Betty looked at her aunt. Racing had not entered into their plans when they talked them over with the folks at home. “I think you might; they seem very nice, and we can easily find out if other girls are to race,” said Aunt Kate, in a low voice.