“Somebody has been scaring his concern,” suggested Mayo, left alone with Captain Dodge.

“Perhaps so—but it may be good business to get scared, provided they can unload this onto somebody else for a little ready cash. This spell of weather can't last much longer. Look at that bank to s'uthard. I don't know just what is under her in the way of ledges—never knew much about old Razee. But my prediction is, she'll break in two as soon as the waves give her any motion.”

It was on the tip of Mayo's tongue to argue the matter with the tugboat man, but he took second thought and shut his mouth.

“You're probably right,” he admitted. “I'd better be moving. I don't see any fish jumping aboard our schooner. We've got to go and catch 'em. Good-by, Dodge.”

When his associate came in over the rail of the Ethel and May Captain Candage, from force of habit, having picked up his men, gave orders to let her off into the wind.

“Hold her all-aback!” commanded Mayo. “Excuse me, Captain Candage, for a cross-order, but I've got a bit of news I want you to hear before we leave. The junk crowd has got cold feet and are going to sell as she stands, as soon as they get cargoes for those lighters.”

“Well, she does lay in a bad way, and weather is making,” said the skipper, fiddling his forefinger under his nose dubiously.

“They haven't even skimmed the cream off her—probably will get all her cargo that's worth saving and some loose stuff in the rigging line. By gad! what a chance for a gamble!”

“It might be for a feller who had so much money he could kiss a slice of it good-by in case the Atlantic Ocean showed aces,” said the old man, revealing a sailor's familiarity with a popular game.

“There is such a thing as being desperate enough to stake your whole bundle,” declared Mayo. “Captain, I'm young, and I suppose I have got a young man's folly. I can't expect you to feel the way I feel about a gamble.”