lofty spars; and though her hold was absolutely empty, her royal yards were across, and the strong breeze that happened to be blowing at the time made scarcely any perceptible impression upon her. She carried a small topgallant forecastle forward, just large enough to comfortably house two pig-pens, which in this position were not likely to prove an annoyance to people aft; and the accommodation below for the crew was both roomy and comfortable. Abaft the foremast, and between it and the main hatch, stood a deck-house, the fore part of which constituted the berthage for the steerage passengers, while the after-part consisted of a commodious galley fitted with a large and very complete cooking-range. The after-part of the deck was raised some two and a half feet, forming a fine roomy half-poop, pierced only by the saloon companion, the saloon skylight, and two small skylights immediately abaft it, which lighted a pair of family cabins situated abaft the main saloon. The wheel was a handsomely carved mahogany affair, elaborately adorned with brasswork; the binnacle also was of brass, with a bronze standard representing three dolphins twisted round each other; and the belaying-pins also were of brass, fore and aft. These, and a few other details that caught my eye, seemed to indicate that no expense had been spared in the fitting-out of the ship.

While we were walking round the decks, making a leisurely inspection of such matters as would repay examination in this part of the ship, a very respectable, seaman-like fellow came on board, and was first accosted by my companion and then introduced to me as “Captain Thomson, our late skipper of the Esmeralda; now looking after the ship until she finds a purchaser. Mr Saint Leger,” my companion continued explanatorily, “has come on board to inspect the ship, with some idea of buying, if he finds her satisfactory.”

“I am very glad to hear it,” answered Thomson, “for she is altogether too good to be laid up idle. As to her being satisfactory—why, that of course depends upon what Mr Saint Leger wants; the ship may be either too large or too small for him; but I’ll defy any man to find a fault in her. She’s a beauty, sir,” he continued, turning to me, “and she’s every bit as good as she looks.”

My unknown friend here pulled out his watch and looked at it anxiously.

“I wonder,” he said, “whether you will consider me very rude if I propose to run away, and leave Captain Thomson to do the honours of the ship in my stead? I should like to remain with you; but the fact is that I have rather an important meeting to attend in the City; and I see that I have no time to lose if I am to be punctual. And Thomson really knows a great deal more about the ship than I do; consequently he will be able to give you more reliable information than I can.”

I of course begged that he would not put himself to the slightest inconvenience on my account, and expressed myself as being perfectly satisfied at being left in the hands of the skipper of the ship; whereupon he turned to Thomson and said—

“Let Mr Saint Leger see everything without reserve, Thomson; and tell him anything he wishes to know, if you please. We have no desire whatever to sell the ship by means of misrepresentation of any sort. Good-bye,” he continued, turning to me, and offering his hand; “I hope we shall see you again, and be able to do business with you.”

He raised his hat, stepped briskly along the gang-plank, and was soon lost sight of in the crowd.

“Who is that gentleman?” I inquired of Thomson, as the figure vanished.

“That is Mr Musgrave, the junior partner of the firm, and as nice a gentleman as ever stepped,” was the reply.

“Have you been long in the employ?” was my next question.

“For the last eighteen years—in fact, ever since I first took to the sea—and hope to end my days with them. They are now building a steamer for me; and as soon as this craft is sold I am to go and supervise the work upon her.”

“Ah,” I remarked, “an excellent arrangement. And now, captain, tell me, as between man and man, have you ever discovered any faults in the Esmeralda—anything you would like to have had altered in her, had such alteration been possible? You have commanded her for some time, I suppose?”

“Ever since she was launched,” was the reply, “and a sweeter little vessel, in every way, doesn’t float. As to faults, she has none, to my thinking. She is not a great cargo-carrier, it is true; in fact, her lines are so fine that the amount of her register tonnage, in dead weight, just puts her down to Plimsoll’s mark. Some men would no doubt consider this a serious fault; but I do not, for what she wants in carrying capacity she more than makes up in speed; so that when the whole thing comes to be worked out, putting her earnings against her expenses, she carries her tonnage at a less cost than any other ship I happen to be acquainted with.”

“Is she tight?”

I asked.

“Tight as a bottle, sir. Why, she don’t make enough water to keep her sweet! And strong!—just look at her copper—not a wrinkle in it; and yet I tell you, sir, that I have habitually driven this little ship so hard that she has made faster passages than any other ship in the trade. Why, we made the run from these same docks to Natal in fifty-five days, on one trip; and we have never taken longer than seventy days to do it. And a prettier sea-boat you never set eyes on. And weatherly—why, she’ll weather on craft twice her size. As to speed, I have never yet seen anything beat her. The fact is, sir, she is much too good to be a cargo-carrier; she is good enough in every way to be used as a yacht; and a fine, wholesome, comfortable yacht she would make, too.”

This was all exceedingly satisfactory; and so, too, was everything I saw down below. The saloon was beautifully fitted up in white and gold, with a rich carpet on the floor; a handsome mahogany table laid athwartships; revolving chairs; sofa lockers; a beautiful swinging-lamp, aneroid, and tell-tale compass hung in the skylight; pictures were let into the panelling; there was a noble sideboard; and a piano! The berths, too, were lofty and roomy, especially the family cabins abaft, which were lighted not only from above by a skylight, but also by stern-windows. In the hold, too, everything was as I should have wished it; the timbers all perfectly sound; no sign of dry-rot anywhere; in short, and for a wonder, the ship was everything that the advertisement said of her, and more. So thoroughly satisfied was I with her that I did not hesitate to tell the skipper, before I left him, that I should certainly buy her, if the owners and I could come to terms.

“I suppose, sir, you intend to sail her yourself?” he remarked, as I stood on the wharf taking a final look at the little beauty before returning to my lodgings.

I answered that such was my intention.

“Well,” he said, “perhaps you’ll be wanting a mate. If so, I believe my late mate would give you every satisfaction. He is a thorough seaman, a first-rate navigator, a good disciplinarian, and a most sober, steady, reliable man in every way, I should have liked to keep him for myself; but it will be some months before the new steamer will be ready, and Roberts—that is the man’s name—says he can’t afford to remain idle for so long. Shall I write to him, sir, and tell him to call on you?”

I said I should be obliged if he would, and gave him an envelope bearing my temporary address; then, shaking hands with him, and thanking him for the readiness he had exhibited in affording me information and assisting me in my inspection of the ship, I bade him good-bye, and made the best of my way back to my lodgings.

On reaching these I found, as luck would have it, a letter from my late owners conveying the gratifying intelligence that the salvage claim had been settled, and that, upon my calling at the office, my share,