"What say, fellows?" Raed inquired, turning to us.
"Perhaps we could not do better," said Kit. "I suppose this property comes under the head of real estate; and real estate is generally considered safe property. You call it real estate, don't you, Mr. H——?"
"Yes, yes; as near real estate as anything. It's kind of amphibious; half real estate certainly,—more'n half when the tide is out."
So we purchased that afternoon, through Mr. H——, ten thousand dollars' worth of Back-bay land. Of our remaining five thousand dollars, we put three thousand dollars into 5-20 bonds, and deposited the remaining two thousand dollars ready for immediate use. That was about all we did that day.
In the evening we went to hear Parepa, who was then in town; and the next morning met at nine, at Raed's again, to pow-wow further concerning the yacht.
"It is too late," said Kit after we were again snug in the back parlor, "to get a yacht built and launched so as to make a voyage this summer. Such a vessel as we want can't be built and got off the stocks in much, if any, less than a year. What are we to do meanwhile?—wait for it?"
"No," said Wade.
"No," said Raed.
"What then?" asked Kit.
"Hire a vessel," I suggested.