"I don't know whether I saw you on board the Osprey or not."

"I don't wonder at it, sir," answered the young pilot. "You had so many bitter reflections to occupy your mind, about that time, that you probably do not remember a single one of the crew with the exception of Captain Beardsley. But I remember you, sir; and when I saw you looking over the Osprey's stern at your own vessel which was following in our wake, I felt sorry for you. I said then that I would never spend a cent of your money, and I never have."

While he talked in this way, Marcy took the key from his pocket and opened his valise. The first thing he brought to light was his Union flag, the one his Barrington girl gave him, and which, we said, in the first volume of this series, was destined to float in triumph over the waters that he had once sailed through in Captain Beardsley's privateer. The glorious day we then prophesied had dawned at last! The captain looked on in surprise when Marcy took the flag from his valise, and shook it out so that he could see it.

"I should think your rebel neighbors, if you have any, would destroy that banner," said he.

"We have plenty of that sort of neighbors, sir, but they never saw this flag," answered Marcy. "I keep it hidden in one of my bedquilts, and sleep under it every night." And, being a boy of business, he came at once to the subject that just then was nearest his heart. "Am I to remain on this ship when she goes into action, sir?" he inquired.

"For anything I know to the contrary, you are," the captain answered with a smile. "Of course, that will be just as the flag-officer says. Why do you ask?"

"Because, if I am, I wish you would do me the favor to run this flag of mine up to your masthead," replied Marcy. "The young lady who made it for me, and who worked upon it while her rebel relatives were asleep, would be very much gratified if she could hear that it had been carried to victory by a Federal ship of war."

"Well, my young friend, whether you stay aboard of us or not, that flag of yours shall go up to our masthead. You think we are going to beat them, do you?"

"I know it, sir," replied Marcy, so earnestly that the captain smiled again. "If they beat you to-day, you will beat them to-morrow, or next week. You are bound to win in the long run, and in their heart of hearts the rebels know it."

"It does me good to hear you talk," said the captain, getting upon his feet and pacing his cabin with his hands in his pockets. "I have been pretty well discouraged since the fleet arrived off this coast, but you put new life into me. Is that my money?" he added, as Marcy placed a good-sized box upon his table. "Am I as rich as that? You handle it as though it was heavy."