AN ADVANTAGEOUS LOSS.

"The rascals have fled," said Captain Mangles. "Well, so much the better, my lord. We are spared so many disagreeable scenes."

"I agree with you," replied Glenarvan. "Besides, there is a better captain on board, yourself, and courageous seamen, your companions. Command us; we are ready to obey you."

All endorsed Glenarvan's words, and, ranged along the deck, they stood ready for the young captain's orders.

"What is to be done?" asked Glenarvan.

John cast a glance over the ocean, looked at the shattered masts of the brig, and, after a few moments' reflection, said:

"We have two ways, my lord, of extricating ourselves from this situation: either to raise the vessel and put her to sea, or reach the coast on a raft, which can be easily constructed."

"If the vessel can be raised, let us raise it," replied Glenarvan. "That is the best plan, is it not?"

"Yes, my lord; for, once ashore, what would become of us without means of transport?"