"I don't believe she's as badly damaged as all that. There's some game on here."

"I don't suppose she's damaged at all," said Allerton, "but you can be sure they won't be such blamed fools as to leave the ship floating about to be picked up. Old Angus will let water into her before he leaves, if he hasn't started the process already."

"Well, I'm not going in any of those boats," said Hughie. "If the Orinoco sinks, I'll float to Europe on a hen-coop."

"May I have half of it?" said Allerton.

"You may," said Hughie.

And so the S. S. Orinoco Salvage Company, Limited, was floated, and the Board of Directors entered upon their new duties at once.

By this time the boats had been swung outboard and their provisioning completed. They were now lowered from the davits, and the men began to take their places. There was no panic, for the night was calm, and the Orinoco showed no signs of settling deeper. Messrs. Gates and Dingle were already at their respective tillers. Captain Kingdom and Mr. Angus were standing by the davits to which the whale-boat was still shackled. Mr. Goble, apparently in no hurry, was leaning over the bulwarks in the darkness not far from Hughie and Allerton, dispassionately regarding the crew's preparations for departure. He approached nearer.

"There's a wheen fowk in thae boats," he observed. "I doot we'd be safer on board."

Hughie turned to him and nodded comprehendingly.

"That's my opinion too," he said, "and Percy's. We're thinking of staying here."