me two weeks' trial, and see for yourself."

"Oh, it isn't that," she said.

"Then, what is it?" he broke out. "Only the other day they offered me a Western Ocean liner, and, if you like, I'll send you the letter. If I am good enough for a big passenger ship, I guess I can run the Minnehaha to please you!"

"Frank," she returned, "it is not a question of your competency at all. You know very well I'd trust my life to you, blindfold. It's —it's the social side, the old affair between us, the first names and all that kind of thing."

"Oh, I see!" he said blankly.

"As an officer on my ship," she said, "you could easily put yourself and me in a difficult position. In a way, we'll really be further apart than if you were in South America and I in Monte Carlo, for, though we'd always be good friends, and all that, the formalities would have to be observed. Now, I have offended you?" she added, putting out her hand appealingly.

"I think you might have known me better, Florence," he returned. "I am not offended—what right have I to be offended—only a little hurt, perhaps, to think that you could doubt me for a single moment in such a matter. I understand very well, and appreciate the need for it. Did you expect me to call you Florence on the quarterdeck of your own vessel, and presume on our old friendship to embarrass you and set people talking? Good Heavens, what do you take me for?"

"Don't be angry with me, Frank," she pleaded. "It had to be said, you know. I wanted you so much to come; I wanted to share my beautiful vessel with you; and yet I dreaded any kind of a false position."

"I shall treat you precisely as I would any owner of any ship I sailed on," he said. "That is, with respect and always preserving my distance. I will never address you first except to say good- morning and good-evening, and will show no concern if you do not speak to me for days on end."

"Oh, Frank, you are an angel!" she cried.

"No," he returned, "only—as far as I can—a gentleman, Miss
Fenacre."

"We needn't begin now, Frank," she exclaimed, almost with annoyance.

"Am I in your service?" he asked.

"From to-day," she answered, "and I will give you a note to
Captain Landry."

"Then you will be Miss Fenacre to me from now on," he said.

"You must say good-bye to Florence first," she said, smiling. "You may kiss my hand," she said, as she gave it to him. "You used to do it so gallantly in the old days—such a Spaniard that you are, Frank—and I liked it so much!"

He did so, and for the first time in his life with a kind of shame.

"I hope we are not both of us making a terrible mistake,
Florence," he said.

"Oh, I couldn't want a better chief!" she said, "and, as for you, it's the wisest thing you ever did. It's me, after all, who is making the sacrifice, for, in a month or two, all the gilt will wear off, and you will see me as I really am. You will find it very disillusioning to go to sea with your divinity," she added. "You will discover she is a very flesh-and-blood affair, after all, Frank, and not worth the tip of your little finger."

"I had a good many opportunities of judging before," he replied, "and the more I knew her the more I loved her."

"Well, I am changed now," she said. "I suppose all the bad has come to the surface since—like the slag when they melt iron and skim it off with dippers—only with me there's nobody to dip. If I am astounded at the difference, what do you suppose you'll be?"

"There never could be any difference to me," he said.

"That's the only kind of love worth talking about," she said, going to the window and looking out.

For a while neither of them spoke. Frank rose and stood with his hat in his hand, waiting to take his departure. Florence turned, and going to an escritoire sat down and wrote a few lines on a card.

"Present this to Captain Landry," she said, "and, now, my dear chief engineer, I will give you your conge."

He thanked her, and put the card carefully in his pocketbook.

"What a farce it all is, Frank!" she broke out. "There's something wrong in a system that gives a girl millions of dollars to do just as she likes with. I don't care what they say to the contrary; I believe women were meant to belong to men, to live in semi-slavery and do what they are told, to bring up children and travel with the pots and pans, and find their only reward in pleasing their husbands."

"I wouldn't care to pass an opinion," said Frank. "Some of them are happy that way, no doubt."

"What does anybody want except to be happy?" she continued, in the same strain of resentment. "Isn't that what all are trying for as hard as they can? I'd like to go out in the street and stop people as they came along and ask them, the one after the other: 'Would you tell me if you are happy?' And the one that said 'yes' I'd give a hundred dollars to!"

"As like as not it would be some shabby fellow with no overcoat," said Frank.

"Now you can go away!" she exclaimed suddenly. "I don't know what's the matter with me, Frank. I think I'm going to cry! Go, go!" she cried imperiously, as he still stood there.

Frank bowed and obeyed, and his last glimpse, as he closed the door, was of her at the window, looking down disconsolately into the street below.

III

Spring was well begun when the Minnehaha sailed for Europe to take her place in the mimic fleets that were already assembling. As like seeks like, so the long, swift white steamer headed like a bird for her faraway companions, and arrived amongst them with colours flying, and her guns roaring out salutes. By herself she was greedy for every pound of steam and raced her engines as though speed were a matter of life and death; but, once in company, she was content to lag with the slowest, and suit her own pace to the stately progress of the schooners and cutters that moved by the wind alone. She found friends amongst all nations, and, in that cosmopolitan society of ships, dipped her flag to those of England, France, Holland, Belgium, and Germany.

It was a wonderful life of freedom and gaiety. A great yacht carries her own letter of introduction, and is accorded everywhere the courtesies of a man-of-war, to whom, in a sense, she is a sister. Official visits are paid and returned; naval punctilio reigns; invitations are lavished from every side. There is, besides, a freemasonry amongst those splendid wanderers of the sea, a transcendent Bohemianism, that puts them nearly all upon a common footing. A holiday spirit is in the air, and kings and princes who at home are hidden within walls of triple brass, here unbend like children out of school, and make friends and gossip about their neighbours and show off their engine-rooms and their ice plant and some new idea in patent boat davits after the manner of very ordinary mortals. Not of course that kings and princes predominate, but the same spirit prevailed with those who on shore held their heads very high and practised a jealous exclusiveness. Amongst them all Florence Fenacre was a favourite of favourites. Young, beautiful, and the mistress of a noble fortune, there was everything to cast a glamour about this charming American who had come out of the unknown to take all hearts by storm.

Her haziness about distinctions of rank filled these Europeans with an amused amazement. There was to them something quite royal in her naivety and lack of awe; in her high spirit, her vivacity, and her absolute