"No. Pearls aren't worth two cents without a market for them, and we must get to Sydney, not only to claim salvage on the schooner and maybe to get the Hakluyts to let us rent her, but to make the beginning of a market for our stuff. We'll have to bring some one else into the affair. I wish we hadn't. I've been figuring on every means of getting out of it, but I can't find a way."

"How are we to leave the fishery here to itself while we go to Sydney?"

"We can't do that; one of us must stay to look after things."

"Well," said Floyd, "if that is so I know which is the one that will have to stay—and that is myself."

"It's a strange thing," said Schumer rather grimly, "but I had come to the same conclusion. I don't undervalue you in the least, as you very well know. I try to attach the right values to all things and people. It's the only way to arrive at success—but your value as a negotiator of this business is negligible simply because you have no knowledge of trade, and—if you will excuse me for saying so—no stomach for it. If Hakluyt is the man I imagine him to be he'd turn you inside out, pearls and all, inside two minutes, gobble the pearls and throw away the skin. No, I must go and deal with him personally, and you must stay here and look after the fishing, but I don't propose to start yet, till we have the thing more fully in hand."

"Look here," said Floyd, "why not take the schooner back to Sydney, sell what pearls we have got there, and then, with the money they bring and the money we have already, charter another schooner for our work. In that way we would keep the matter in our own hands."

"One would think," said Schumer, "from the way you talk, that pearls were to be sold as easy as dairy produce. Sydney is the last place I would sell pearls openly in, and the very last place I would try to sell them secretly in. Paris is the market for pearls, or London. Besides, you must remember that Sydney is a sort of center for pearling in the Australian Pacific, and if wind got about of our island, we would be dogged to a certainty.

"No, we simply have to get help, and it's better to have one man with money as our partner than half a dozen interlopers crying: 'Share up, or we'll give the business away.' Of course," finished Schumer meditatively, "we could use our guns against them, but those sorts don't go unarmed, and we are only two, for the natives don't count. As like as not, they'd turn against us from the first, and they'd certainly do so if they saw us being beaten."

They had been sitting under a tree as they talked, close to the nearly completed house, and, as Schumer finished, Floyd saw Isbel coming across the lagoon from the fishing grounds in the schooner's dinghy.

The dinghy of the Southern Cross was a tiny affair, even for a boat of this type. It held two at a pinch, and its lines were the lines of a walnut shell. It was a dainty little boat, and had evidently belonged to a yacht at some time or another, to judge by its fittings, or what was left of them.