"It's a fact," Mr. Barclay assented. "I was just thinking I'd like to take that big one and the other yonder home with me. My daughter Minnie visits East in the winter now and then, and she's fond of furs, though so far I haven't been able to buy her any particularly smart ones. There's a man I know in Portland who can fix up a skin as well as any one in London. He was a good many years in Alaska trading furs for the A. C. C., and some of the Russians who stayed behind there taught him to dress them."

Mr. Oliver laughed. "I suppose the thing is quite out of the question?"

"It is," said Mr. Barclay dryly. "You ought to know that the United States charges a big duty on foreign furs."

"On foreign ones!" broke in Harry, nudging Frank. "A seal born on an American beach could certainly be considered an American seal."

"When you import goods into the United States you require a certificate of origin, young man."

"That fixes the thing," said Harry. "On your own showing, those seals originated on the Pribyloffs. They're American."

"Ingenious!" exclaimed Mr. Barclay, with a longing glance at the skins. "There's some reason in that contention, but won't you go on? You don't seem to have got through yet."

"In case you felt justified in taking a skin or two," continued Harry thoughtfully, "I'd like to point out that, as a rule, the Customs fellows don't trouble about a sloop the size of ours. We just run up to our moorings when we come back from a yachting trip, and there's a nice little nook forward which would just hold a bundle of those peltries. It's hidden beneath the second cable."

Mr. Barclay picked up a piece of shingle and flung it at him.

"You can stop right now before you get yourself into difficulties. What do you mean by proposing a smuggling deal to a man connected with the United States revenue?"