Milly-Molly-Mandy Goes to a Fête

From Milly-Molly-Mandy Stories (1928)

SUMMARY: Milly-Molly-Mandy and Billy Blunt win a three-legged race at the village fête.

Billy Blunt is beaten in his race (for which he has trained extensively) by a "shabbily dressed boy" who appears to be poorer than even Milly-Molly-Mandy herself. However, Billy's skills turn out to be more useful when he retrieves a runaway hat for a bus passenger. There's an unpleasant message there somewhere.