This is a very cute story that combines Greek mythology with the old traditions of the English countryside. Little Gray Rabbit and her little animal friends, especially Hare, watch a beautiful rainbow form in the sky after a particularly strong rainstorm. They want to seek the treasure at the end of the rainbow, and when they reach the colors' end, they see a beautiful girl who us the rainbow goddess Iris. A very beautiful story from simpler times.

IRIS was the goddess of the rainbow, the messenger of the Olympian gods. She was often represented as the handmaiden and personal messenger of Hera. Iris was a goddess of sea and sky--her father Thaumas "the wondrous" was a marine-god, and her mother Elektra "the amber" a cloud-nymph.