on the tower when the Union colors were stolen, but our fellows got mine up first, and would have kept it there if they had had to fight to do it. But I'll put them in the stove if you think best."

"You need not do anything of the kind," said Mrs. Gray, whose patriotism had been awakened by the simple narrative. "I shall not permit a party of beardless boys to show more loyalty than I am willing to show myself."

"Bully for you, mother!" cried Marcy. "We'll see both of them in the air before many months more have passed over our heads. Now, think of some good hiding place for them, and I'll put them there right away. Not in the ground, you know, for if the Union troops should ever come marching through here, we should want to get them out in a hurry."

"How would it do to sew them up in a bed-quilt?" said Mrs. Gray, suggesting the first "good hiding place" that came into her mind.

"That's the very spot," replied Marcy. "Put them in one of mine, and then I shall have the old flag over me every night."

No time was lost in carrying out this decision, and in a few minutes mother and son were locked in the boy's room, and busy stitching the precious pieces of bunting into one of the quilts. It never occurred to them to ask what they would do or how they would feel if some half-clad, shivering rebel should find his way into the room and walk off with that quilt without so much as saying "by your leave." Probably they never dreamed that the soldiers of the Confederacy would be reduced to such straits.

CHAPTER III.

BEARDSLEY BETRAYS HIMSELF.

Never before had the hours hung as heavily upon Marcy Gray's hands as they did at the period of which we write. There was literally nothing he could do—at least that he wanted to do. He did not care to read anything except the newspapers, and they came only once a day; he had never learned how to lounge around and let the hours drag themselves away; he very soon grew weary of sailing about the sound in the Fairy Belle with the boy Julius for a companion; and so he spent a little of his time in visiting among the neighboring planters, and a good deal more in "pottering" among his mother's flower beds. Visiting was the hardest work he had ever done; but he knew he couldn't shirk it without exciting talk, and there was talk enough about him in the settlement already.

To a stranger it would have looked as though he had nothing to complain of. He was cordially received wherever he went, often heard himself spoken of as "one of our brave boys" (although what he had done that was so very brave Marcy himself could not understand), and visitors at Mrs. Gray's house were as numerous as they ever had been; but Marcy and his mother were people who could not be easily deceived by such a show of friendship. Some of it, as they afterward learned, was genuine; while the rest was assumed for the purpose of leading them on to "declare" themselves. It was a mean thing for neighbors to be guilty of, but you must remember that, like Rodney Gray when he wrote that mischievous letter to Bud Goble, they did not know all the time what they were doing. Of course the high-spirited Marcy grew restive under such treatment; and when, after long waiting, the postmaster handed him a letter from Captain Beardsley, ordering him to report on board the Osprey without loss of time, he did not feel as badly over it as he once thought he should. On the contrary, he appeared to be very jubilant when he showed the letter to Allison and half a score of other young rebels who were always to be found loafing around the post-office at mail time.

"I'm off to sea again," said he. "Now the Yankees had better look out."

"It must be an enjoyable life, Marcy," replied Allison. "You see any amount of fun and excitement, draw big prize-money in addition to your regular wages, and, better than all, you run no sort of risk. It may surprise you to know that I have been turning the matter over in my mind a good deal of late, and have come to the conclusion that I should enjoy being one of a privateer's crew. What do you think about it?"

"I am not acquainted with a single fellow who would enjoy it more," answered Marcy, who told himself that Allison was just coward enough to engage in some such disreputable business. "You are just the lad for it. It is such fun to bring a swift vessel to and haul down the old flag in the face of men who are powerless to defend it."

Sharp as Marcy Gray was, his strong love for the Union and his intense hatred for the business in which he was perforce engaged, sometimes led him to come dangerously near to betraying himself. Allison looked sharply at him, but there was nothing in Marcy's face to indicate that he did not mean every word he said.

"I am heartily glad I am going to sea again," continued the latter; and he told nothing but the truth. The companionship of the ignorant foreigners who composed the Osprey's crew was more to his liking than daily intercourse with pretended friends who were constantly watching for a chance to get him into trouble.

"Do you think I could get on with Captain Beardsley?" inquired Allison.

"You might. The crew was full when I left the schooner, but I will speak to the captain, if you would like to have me."

"I really wish you would, for I am anxious to do something for the glorious cause of Southern independence. When do you sail?"

"I don't know. About all the captain says in his letter is that he wants me to report immediately."

"Does he say whether or not the Hollins has been sold yet?"

"Oh, yes; he speaks of that, and congratulates me on the fact that I have eight hundred and seventy-live dollars more to my credit on the schooner's books than I did when I left her at Newbern."

"W-h-e-w!" whistled Allison. "How long did it take you to make the capture?"

"Four or five hours, I should say."

"Eight hundred and seventy-five dollars for four or five hours' work! Marcy, you have struck a gold mine. You will be as rich as Julius Caesar in less than a year."

"How long do you suppose Uncle Sam will allow such—such work to be kept up?" exclaimed Marcy.

"Oh, no doubt he would be glad to stop it now if he could; but when he tries it, he will find that he's got the hardest job on his hands he ever undertook. There never was a better place for carrying on such business than the waters of North Carolina. Our little inlets are too shallow to float a heavy man-of-war."

"No matter how big the job may be, you will find that these small-fry privateers" (it was right on the end of Marcy's tongue to say "pirates") "will be swept from the face of the earth in less than a year; so that I shall have no chance to get rich. But I'll have to be going, for I must start for Newbern this very night. I suppose you will all be in the army by the time I get back, so good-by."

Allison and his friends shook hands with him, wished him another successful voyage, and Marcy mounted and rode away, his filly never breaking her lope until she turned through the gate into the yard, and drew up before the steps that led to the porch. His mother met him at the door and knew as soon as she looked at him that he had news for her.

"Yes, I've got orders from Beardsley," said the boy, without waiting to be questioned. "And if Jack were only here, and I was about to engage in some honorable business, I should be glad to go. Mother, on the day we captured the Hollins we robbed somebody of fifty-six thousand dollars."

"Oh, Marcy,