Mayo braved nipping wind and iced rigging and took the glass to the main crosstrees. He remained there though he was chilled through and through.

At last, near the horizon's rim, he spied a yeasty tumult of the sea, marking some obstruction at which the waves were tussling. In the midst of this white welter there was a shape that was almost spectral under the gray skies. The little schooner pitched so ferociously that only occasionally could he bring this object into the range of the glass. But he made sure at last. He clutched the glass and tobogganed to deck down the slippery shrouds.

“She's there, Captain Candage!” he shouted. “The teeth of old Razee are still biting.”

They were back to her again before the early night descended. She was iced to the main truck, and the spray had deposited hillocks of ice on her deck, weighting her down upon the ledges which had pinioned her. But in spite of the battering she had received her position had not changed. They circled her—the midget of a schooner seeming pitifully inadequate to cope with this monster craft.

“Well,” sighed Captain Candage, “thank the Lord she's still here. Our work is cut out for us now—whatever it is we can do with her. They say a mouse set a lion loose once by gnawing his ropes. It looks to me as if we're going to have some blasted slow gnawing here.”

They lay by her that night in a quieting sea, and spent wakeful hours in the cabin, struggling rather helplessly with schemes.

“Of course, it's comforting to find her here and to know that the Atlantic Ocean will have to get more muscle to move her,” said Candage. “And then again, it ain't so darnation comforting. Looks to me as if she's stuck there so solid that you couldn't joggle her off if you hove the moon at her. I reckon my hope has been what yours has been, Mayo—salvage her whole instead of junking her.”

“I'm a sailor, not a junkman. I'd almost rather let my money go, Captain Candage, than be a party to smashing up that new steamer into old iron. She has fooled the guessers by sticking where she is. It has been my hope from the first that she can be floated. She is not a rusted old iron rattletrap. Of course, she's got a hole in her, and we can see now that she's planted mighty solid. But she is sound and tight, I'll wager, in all her parts except where that wound is. I suppose most men who came along here now would guess that she can't be got off whole. I'm going into this thing and try to fool those guessers, too.”

“That's the only real gamble,” agreed the skipper. “We'd only make days' wages by carving her into a junk-pile. A scrap-heap ain't worth much except as old iron at half a cent a pound; but a new steamer like that is worth two hundred thousand dollars, by gorry! if she's afloat.”

“Well, we've got to do something besides lay to here and look at her lines. In the first place, I want to know what's the matter with her—about how much of a hole she has got. Our eyes ought to tell us a little something.”