“And many a ship I found,

“That I sank or ran aground,

“When I sail’d, when I sail’d;

“That I sank or ran aground,

“When I sail’d, when I sail’d.”

“By George, that punch has the magic in it, Robert, to make Milling turn loose,” said Wilson.

“Bravo, Milling.”

“Encore, encore.”

“Ha, ha! We’ll have the next,” rang out a medley of voices.

“All’s well, gentlemen, if it pleases you,” continued the old merchant: