Calling two of the men, Webster lifted a hatchway, and, with a lantern from the storeroom, descended to investigate, and was not long in finding that the main hold contained a large shipment of rifles packed in cases. Returning to deck, they found the two men who had been sent aloft standing by the side of a young sailor who had been struck in the head, evidently by a fragment of iron. He was stiff in death, and Webster, with a gentle touch, drew the eyelids over the blue eyes.

He then turned to the side to haul in the ropes, from which that other figure had swung. There was a loop in the end, in which the unfortunate man in launching the forward boat had probably been entangled, and overlooked by his comrades in the dark. Subdued and saddened by what they had seen, they returned to the Swift, and Webster made his report.

“A blockade-runner,” said the Captain, his gloomy eyes lighting up; “and full of arms. What a prize she would be for the rebels!”

“And for us, too,” said Mr Commins quickly. There was a long pause, and the Captain paced restlessly to and fro, casting quick glances at the derelict. “She would mean a fortune,” he continued slowly, “for I happen to know that the land forces of the National party are badly armed. Now, Captain, here is an opportunity that falls right into your mouth, and I would strongly urge you to accept the gift. I admit I was wrong about the Esperanza, but concerning the advisability of taking possession of this rich derelict there can surely be no two opinions.”

“But I should have to place a crew on board, and that would weaken us,” said the Captain, with an air as though he liked the proposal.

“I, myself, don’t see any bar to that arrangement,” said Commins, stroking his chin, and eyeing the Captain thoughtfully. “I dare say now, with half our crew, you yourself could undertake to run the blockade with that ship.”

“I am not going to leave the Swift,” said the Captain roughly.

“I should hope not,” laughed Commins. “I had in mind the history of some of your daring trips as blockade-runner, and, of course, as I presume, Mr Webster, and our young friend, Mr Hume, with as few men as you could spare, could be put on board. They could make for some port north of Rio, and after reporting her whereabouts and arranging for the reward, you could re-ship the crew previous to carrying out the object of this voyage.”

“That would mean delay, and Miss Anstrade may object,” urged the Captain, who, nevertheless, was evidently pleased with the scheme.

“You have heard the Captain’s suggestion, madam,” said Commins, turning to Miss Anstrade, “which seems to me very important, and which, if carried out, would have a most valuable bearing on our chance of success. With that ship and its cargo in our hands we could, with confidence, ask for every assistance from the national commanders ashore and afloat.”