Sea Scouts All: How the "Olivette" was won

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What's the state of the treasury, Peter? inquired Scoutmaster Armitage.
Sixteen pounds, sixteen shillings, and sixpence, sir, replied Patrol-leader Peter Stratton of the 1st Milford Sea Scouts. That includes the profits from our latest concert.
Hardly enough to buy a boat in these days of dear wages and materials, commented the Scoutmaster. I'm very much afraid that our plans for acquiring a little cruiser will have to be deferred to a more favourable season—next year, perhaps.
After all, sir, said Dick Roche, we can rub along with our present boat. She's not much to look at, but we get quite a good deal of fun out of her.
The Milford Sea Scouts had been in existence only since the war. Under the scoutmastership of Mr. Armitage—late lieutenant R.N.V.R.—eight promising and undoubtedly keen youths were being grounded in the principles of seamanship and coastal navigation. The troop laboured under great disadvantages, but, as Dick Roche the optimist remarked, overcoming difficulties is often the best part of the game.