The captain seemed to be studying the yellow path that his searchlight cut in the darkness. The waves were white-capped and raging; the sleet swept out of the gloom, gleamed a moment in the yellow radiance, then sped on into the night.

“I heard you,” Knutsen answered slowly. “I was thinking about it. I haven’t any idea who took it—if he’s still got it, I’ll see that he gives it back. It was a dirty trick——”

“You don’t know, then, anything about it?” As he waited, Ned got the unmistakable idea that the captain neither knew nor really cared. He was more interested in retaining the two remaining drinks in his own bottle than in helping Ned regain his lost cases. These two were enough for him. It was wholly in keeping with that strange psychology of drunkards that he should have no further cares.

“Of course I don’t know anything about ’em—but I’ll help you investigate in the morning,” he answered. “I’m very sorry, Mr. Cornet—that it should happen aboard my ship——”

“To hell with your ship! I’m going to investigate to-night.”

Ned started out, but he halted in the doorway, arrested by a sudden suspicion. Presently he whirled and made his way to Bess’s stateroom.

He knocked sharply on the door. Bess opened it wide. Then for a long second he stared into her deep-blue, appealing eyes.

“I suppose you did it?” he demanded.

She nodded. “I did it—to save you—from yourself. Not to mention perhaps saving the ship as well.”

His lip drew up in scorn. Angry almost to the verge of childish tears, he could not at first trust himself to speak. “You’ve certainly taken things into your own hands,” he told her bitterly. His wrath gathered, breaking from him at last in a flood. “You ill-bred prude, I wish I could never lay eyes on you again!”