"Captain Blake?"

"The same," replied the ship owner. "He is, as you know, one of the most daring officers in the British navy, and, unfortunately for us, he has always come off victorious in his encounters with our vessels."

"Oh, if I could only have been lucky enough to get a shot at him!" muttered Segoffin.

"You will, never fear, you old sea-wolf. As for you, my dear captain, your silence means consent, I am sure. Think of the honour, as well as the profit, to be derived from the operation: four or five hundred thousand francs and the Vanguard in tow of the Hell-hound, all in forty-eight hours."

Segoffin, who had been accustomed for years to make a profound study of his employer's physiognomy, and who had been carefully noting the effect of these proposals, said in a low tone to the ship owner, shaking his head the while:

"The bait is tempting, but he isn't going to swallow it this time."

His prognostications proved correct; the flush of anger gradually faded from Cloarek's face; his contracted features relaxed, and it was calmly, half-smilingly, that he at last said to M. Verduron:

"You are a clever tempter, but I have a talisman against you. It is the promise I have made to my daughter not to leave her again. You have seen her, and you must feel that I shall keep my word."

"Mlle. Cloarek is a charming girl. There is not the slightest doubt of that, my dear captain, but you would be very foolish to miss such a fine opportunity as this."

"It is impossible, I tell you."