"I must leave you for a time. But with the Fairy Queen's magic ring upon your finger, you will be safe from harm. Self reliance is what all boys should practise. Therefore, travel for a few days alone. At the end of that time I will join you." And with these words the Gnome disappeared.

For a moment Ned felt a wild desire to call him back. But with a shrug of his shoulder, he put away the thought and bravely set out in search of further adventure.

He had gone but a short distance when he came to a Magic Axe, chopping away all by itself at one of the tallest trees.

"Good morning, Mistress Axe," he said. "Doesn't it tire you to be chopping away all alone there at that old tree?"

"Not at all, my son. Put me in your knapsack and I will make you famous."

Picking up the axe, Ned placed it in his knapsack and set off once more. After a while, he came to a place where the road was hollowed out of a mass of solid rock, and here, in the distance, he heard a sharp noise like that of iron striking against stone.

"Some giant must be breaking rocks away up there," he said to himself, and climbed up the mountain. When he reached the top of the high rock, he found a Magic Pickaxe, all alone by itself, digging away at the hard stone as if it were soft clay.

Every time that wonderful pickaxe struck a blow it went more than a foot into the rock.

"Good morning, Mistress Pickaxe," said Ned. "Doesn't it tire you to be digging alone here, hollowing away at that old rock?"

"Not at all, my little man. Put me in your knapsack and I will make you famous."

Ned picked up the pickaxe and placing it in his knapsack, again went on.

After a while he came to a brook which he followed up the hillside.

The farther he went the smaller it grew until finally, it ended in a little nutshell, from which this tiny stream began its journey down the mountain.

"Good morning, Miss Spring," said Ned. "Doesn't it tire you to be gushing away all alone by yourself in your little corner?"

"Indeed it does, my little man. Put me in your knapsack and I will make you famous."

Ned picked up the little nutshell and plugging it up with moss, placed it carefully in his knapsack with the Magic Axe and the Magic Pickaxe.

After some little time he came to a king's palace. Now, although it was a magnificent palace, everyone living there was perfectly miserable, for one morning, without the least warning, an immense oak had sprung up, with leaves and branches so thick that they shut out the sun from all the windows, making the castle as dark as night.

Of course in those days there was no gas and electricity, and although the king had commanded that candles be made as high as barber poles, they spluttered and often went out when the wind blew.

All the woodcutters in the kingdom had tried to cut down this tree, but its bark was so tough that it turned the edge of every axe, and for every branch that was lopped off, two instantly grew in its place. At last the king had offered three bags of gold to anyone who would rid him of his troublesome oaktree.

Now this was not the only trouble that beset the poor king. For, although the surrounding country was rich in springs and brooks, the royal gardens were dry as the desert of Sahara. And although the king had also promised three bags of gold to anyone who would dig a well, no one had yet been able to dig deeper than a foot, as the palace was built on a rock of solid granite.

Each day the king grew more angry, but of course that did no good. At last calling the poet laureate of his kingdom, he asked him what should be done.

Running his fingers through his long curly hair, the poet thought a while. Then summoning the Royal Carpenter, ordered him to make an immense placard, on which, when finished, this wise poet printed:

"But what good will that exquisite poem do?" asked the king, sarcastically.

"It will keep your Royal Highness from being irritated by this endless sound of chop, chop, chop," replied the poet. "I verily believe every man in your kingdom has had a hack at the tree. Now, he who reads this sign, will first make sure his axe is a good one. And my poetic ears will be spared much of this frightful noise which is far worse than a steel rivetter at work on a ninety story building in New York City." Which shows that this poet had an eye that could see into the future, for at that time, as far as I know, Columbus hadn't even asked the Queen of Spain to pawn her diamond rings!

"Very well," replied the king, "have the sign nailed on this dreadful tree and we will see what happens."

As soon as Ned arrived at the castle he bowed politely to the king, who happened to be standing nearby with all his courtiers.

"Ha, ha," laughed the king, as Ned read the sign. "Do you, too, wish to lose your ears?" At which all the courtiers laughed heartily, the first time in many months that anybody in that castle had laughed, or even smiled, for that matter.

"I can but try," answered Ned bravely, and opening his knapsack, took out his Magic Axe. Standing it up, with the handle leaning against the enchanted tree, he stepped back a few feet and shouted: "Chop, chop, chop!"

At once the axe began to chop, now right, now left, and up and down, and in an incredibly short time that immense tree was cut to bits. It took only a quarter of an hour, and yet there was such a monstrous heap of wood that the whole court needed nothing else to burn for a whole year.

But when Ned asked the king for the three bags of gold, that stingy old monarch said, "Before I give you the reward, you must perform another task."

"What is it?" asked Ned.

"You must dig me a well so that I may have plenty of water," answered the king.