"He looks it, sir."

Halstead was careful always to use the word "Mister." Watch officers and engineers, who are also officers, are always addressed in that way, by the captain, or even by the owner. Costigan was equally careful to say "sir," when addressing any officer of grade above his own.

"When you can spare the time, Captain, I'll have a few words with you," called Mr. Baldwin, showing his head through the starboard doorway of his suite.

"At once, sir," replied Captain Tom, turning and going to the owner's door. At the threshold the new captain of the "Panther" halted.

"Come right in, Captain. Take a chair," invited the owner. "Now, then, what do you think of your new task?"

"I'm astounded, sir. Overjoyed, too," Tom replied, with a candid smile.

"Why?"

"Well, sir, this craft represents the height of my dreams. The 'Panther' is twice the length and about four times the total size of any boat I've ever commanded before."

"Are you afraid it's too big an undertaking for you?" asked Mr. Baldwin, regarding his young sailing master keenly.

"No, sir!" came the prompt answer.