Aunt Laura and Dr B. finally declare their love for one another. When they are about to reveal the truth to Ian there is a knock at the door. It is a detective with a warrant for Ian. Aunt Laura lies to help Ian. Emily cannot understand why she would do that. By accident Emily discovers who the real crook is and tries to sort it out that Aunt Laura does not have to go away with Ian. She runs home to tell cousin Jimmy what she did. He tells her she is too late. Aunt Laura leaves New Moon and starts her life with Ian.
The story centers on little Ollie Murray and his mother Maida. Word has reached Ilsa of Oliver Murray's death in the Klondike. Along with the notice is a legacy, Oliver's big toe and gold. Maida returns for little Ollie but everyone thinks it is for the gold. Meanwhile Mrs. Stewart has run off. Laura befriends Maida and Ilsa and Emily help little Ollie. All seems to have ended well for Little Ollie, or did it? Did it happen or is it a story written by Emily?
Mr Carpenter is fired as the school teacher and replaced with Aunt Isobel. Perry has to run New Moon by himself while Jimmy must work as a farm labourer. After being forced to work for Mr Stuart Emily makes a wish on the wishing moon.