"She's the handsomest craft I ever saw," Harry replied enthusiastically. "Who owns her?"

"A gentleman whose office is near your father's, and he wants to sell her. She's cheap at the price—three thousand—and my idea is that you boys couldn't do better than buy her. Then, next summer when you want to go off on a good time, Joe'll ship as engineer, I'll be crew, an' you'll only need a cook. She looks like a first-class sea-boat fit for any water."

It is needless to add that the boys were highly excited by this proposition; but as it was impossible to say that the purchase could be made until Mr. Vandyne and Mr. Morse had been consulted, Harry and Walter started for the former's office at full speed, leaving the remainder of the party on board until their return.

"Want to buy the Sea Foam, eh?" Mr. Vandyne said, when Harry pantingly asked him to come and look at the little steamer. "I examined her yesterday, and thought she would be a good pleasure-boat for you boys. Considering the fact that you've got more than money enough to make the purchase, I see no good reason why it shouldn't be done. I'll send a note to the owner, and you had better run down the bay on a trial trip. Tell Bob and Joe to stop work and go with you. Remember that while on the yacht the old sailor is to be obeyed as he was at the island."

To get an order for the dock-master to deliver the Sea Foam to the parties named in Mr. Vandyne's note it was only necessary to walk a short distance, and in less than an hour after first seeing the yacht all hands were on board, steaming down the bay at a trifle more than a fifteen-knot rate.

One trip was sufficient to convince the boys that the little craft was essential to their happiness, and even Bob and Joe were so pleased with her that it is quite probable they might have been tempted to purchase her themselves in case the young capitalists had not decided in favor of the scheme.

"A two-weeks'-old baby might steer her if it knew enough," Bob said approvingly, as he stood at the wheel in the snug little pilot-house; "an' as for speed, why there's mighty few can touch her. We're gettin' a decently heavy swell now, an' her deck is as dry as a bone."

"Would you dare to go from here to the Bahamas in her?" Walter asked.

"Dare? Why, lad, she'd live in weather that would swamp many a bigger craft. You can cruise from here to South America in her, an' be a blessed sight more comfortable than ever we were on the old Bonita."

Joe had even more to say in the Sea Foam's favor than Bob, and he insisted stoutly that it was nothing more than play to act the part of engineer.