Jim was living at Harry's home, and Mr. Vandyne was to be his guardian as soon as the necessary formalities could he complied with. Walter was at home, within a block of his friend, while the other two members of the party who had taken an accidental cruise were busily engaged in Mr. Vandyne's service.

On the fourth day after the Lorlie cast anchor off Staten Island the three boys went to the docks for the purpose of paying Bob and Joe a visit, and then the old sailor proposed such a scheme as met with the unqualified approval of all.

"I want you lads to look at a little steam yacht that's layin' at the next pier," Bob said; and as a matter of course the boys were more than willing to make such inspection, since, after their late experience, anything in the way of boats or vessels had a new interest for them.

The craft to which Bob and Joe led the party fully merited the praise which was bestowed so unstintedly. Her name was the Sea Foam, and she lie so jauntily on the water that one could but say it was in every way applicable to her.

"Fifty-five foot keel, nine foot beam, compound engines, sound as a dollar, and guaranteed to make fourteen knots an hour," Joe said, as he pointed to the little steamer. "She's the most perfect thing of her kind I ever saw."

The boys were not satisfied with gazing at her from the pier, but clambered on board, and a view of her interior arrangements only served to strengthen the good opinion formed by a single glance at the graceful lines of the hull.

The Sea Foam had a roomy after-cabin handsomely but not expensively furnished, on either side of which were four bunks, separated from the saloon by heavy draperies. Swinging lamps and trays, large mirrors, the polished woods and the shining metal-work gave an air of beauty and homeliness to this portion of the steamer such as the boys thought very charming.

Then the engine-room was visited, and although the three younger members of the party were not judges of machinery they could understand that Joe's words of praise were merited.

The forward cabin, which also served as dining-room, contained four bunks, and leading from it was as complete and convenient a galley and pantry as the most fastidious cook could have desired.

"Well, what do you think of her?" Bob asked, when the inspection was concluded.