come, rather late in the evening, furtive and a little flustered. He was an ugly ruffian with a broken nose; and he was noticeable as being the one man I had seen in my grandfather's house who had no marks of seafaring or riverside life about him, but seemed merely an ordinary London blackguard from some unmaritime neighbourhood. He beckoned silently to Grandfather Nat, who walked across and conferred with him. Presently my grandfather left the counter and came into the bar-parlour. He had something in his closed hand, which he carried to the lamp to examine, so that I could see it was a silver watch; while the furtive man waited expectantly in the little compartment. The watch interested me, for the inward part swung clean out from the case, and hung by a single hinge, in a way I had never seen before. I noticed, also, that a large capital letter M was engraved on the back.

Grandfather Nat shut the watch and strode into the bar.

"Here you are," he said aloud, handing it to the broken-nosed man. "Here you are. It seems all right—good enough watch, I should say."

The man was plainly disconcerted—frightened, indeed—by this public observation; and answered with an eager whisper.

"What?" my grandfather replied, louder than ever; "want me to buy it? Not me. This ain't a pawnshop. I don't want a watch; an' if I did, how do I know where you got it?"

Much discomposed by this rebuff, the fellow hurried off. Whereupon I was surprised to see the pale man rise from the corner of the bar, put his drink, still untasted, in a safe place on the counter, beyond the edge of the partition, and hurry out also. Cogitating this matter in my grandfather's arm-chair, presently I fell asleep.

What woke me at length was the loud voice of Grandfather Nat, and I found that it was late, and he was clearing the bar before shutting up. I rubbed my eyes and looked out, and was interested to see that the pale man had come back, and was now swallowing his drink at last before going out after the rest. Whereat I turned again, drowsily enough, to the model ship.

But a little later, when Grandfather Nat and I were at supper in the bar-parlour, and I was dropping to sleep again, I was amazed to see my grandfather pull the broken-nosed man's watch out of his pocket and put it in a tin cash-box. At that I rubbed my eyes, and opened them so wide on the cash-box, that Grandfather Nat said, "Hullo, Stevy! Woke up with a jump? Time you was in bed."