It is the grief of pearl fishing to come across things that a year ago may have been worth anything from a couple of hundred to a thousand pounds and that to-day are worthless. Things as ugly as dead cod's eyes that, a year ago, were fit to be the symbols of beauty, and it is impossible to say exactly what causes this decay. There may be several causes, diseases that attack the pearl as well as the oyster; but the result is there as a proof of the vandalism of nature.

Among the trade of the Tonga had been some parcels of surgeons' cotton wool. Schumer rooted a parcel of this out, and, turning the gold and papers from the cash box, lined it with a sheet of the wool. He placed the baroque and lesser-valued pearls on this sheet and covered them with a single layer of wool; on this layer he placed the pearls of the second order. All those of the first class he kept apart in a small wooden box, each pearl packed separately in its own nest of wool.

The few shells with pearls attached to them he placed in a cocoa box, each shell in a jacket of wool.

"We can't cut the pearls off those shells," said he. "It's jeweler's work, and we are only carpenters at the business. They'll keep till we get them to Europe."

A fortnight later the roof was on the house, a roof thatched with palm leaves bound down with coconut sennit, and the pearls and all their other valuables were placed in the smaller of the two rooms.

The indefatigable Schumer, immediately the main door was in its place, set his men to work making a table. The two deck chairs were brought from the Southern Cross, also a spare saloon lamp and some drums of paraffin oil. Otherwise the schooner was left intact.

"Those Hakluyts would be sure to make a disturbance if we touched any of the saloon furniture," said Schumer. "They'd swear, maybe, we had looted the ship, and it's my ambition to bring her into Sydney harbor with everything standing and without a scratch on her that a Jew could swear to."

"Schumer," said Floyd, "I've been thinking of that. When do you intend that we should take her to Sydney?"

"Well," said the other, "now we have things fixed the sooner we make a move the better. At first glance one might say keep her here till we have finished with the lagoon and then shin off in her with all the pearls we can get. That's what a fool would say, and that's what a fool would do. Where lies the folly? This way.

"To keep her like that would mean to steal her, and, as I said before, you can't steal a ship these days without being caught. Suppose, even, we were to give all the ports in the world good-by and wreck her, where would we be with our pearls on some desolate shore, or if on a civilized shore, where would be the customs officers?