“Howsomever, the ‘Flipper’ is still in statute ko, an’ thank heaven fer that! I made sev’ral voyages in her to Australy, that turned out fairly profitably, an’ brought the Cap’n an’ me some good bits o’ money. So last year we thought we’d tackle the Japan trade, that seemed to be lookin’ up. It looked down agin as soon as I struck the pesky shores, an’ a month ago I returned to ’Frisco a sadder an’ a wiser man. Not that the losses was so great, Sam, you understand; but the earnin’s wasn’t enough to buy a shoe-string.

“So I sailed cross-lots to Batteraft to consult with my partner, which is Cap’n Steele, as to our next voyage, an’ the rest o’ the story you know as well as I do. Your father bein’ out o’ the firm, from no fault o’ his’n, his son is his nateral successor. So I take it that hereafter we’ll have to consult together.”

My amazed expression amused him exceedingly, but I found it impossible just then to utter a single word. Uncle Naboth did not seem to expect me to speak, for after lighting his pipe again he continued, with an air of great complacency:

“It mought be said that, as you’re a minor, I stands as your rightful guardeen, an’ have a right to act for you ’til you come of age. On the other hand, you mought claim that, bein’ a partner, your size an’ age don’t count, an’ you’ve a right to be heard. Howsomever, we won’t go to law about it, Sam. The law’s onreliable. Sometimes it’s right, an’ mostly it’s wrong; but it ain’t never to be trusted by an honest man. If you insist on dictatin’ what this partnership’s goin’ to do, you’ll probably run it on a rock in two jerks of a lamb’s tail, for you haven’t got the experience old Cap’n Steele had; but if you’re satisfied to let me take the tiller, an’ steer you into harbor, why, I’ll accept the job an’ do the best I can at it.”

“Uncle Naboth,” I replied, earnestly, “had you not been an honest man I would never have known you were my father’s partner, or that he had any interest in your business. But you’ve been more than honest. You’ve been kind to me; and I am only too glad to trust you in every way.”

“Well spoke, lad!” cried Mr. Perkins, slapping his knee delightedly. “It’s what I had a right to expect in poor Mary’s boy. We’re sure to get along, Sam, and even if I don’t make you rich, you’ll never need a stout friend while your Uncle Nabe is alive an’ kickin’!”

Then we both stood up, and shook hands with great solemnity, to seal the bargain. After which my friend and protector returned to his rocker and once more stretched his feet across the window sill.

“How much property belongs to me, Uncle?” I asked.

“We never drew up any papers. Cap’n Steele knew as he could trust me, an’ so papers wa’n’t necessary. He owned one-third interest in the ‘Flipper’, an’ supplied one half the money to carry on the trade. That made it mighty hard to figure out the profits, so we gen’ly lumped it, to save brain-work. Of course your father’s been paid all his earnin’s after each voyage was over, so accounts is settled up to the Japan trip. Probably the money I gave him was in the sea-chest, an’ that old she-pirate up to the house grabbed it with the other things. The Japan voyage was a failure, as I told you; but there’s about a thousand dollars still comin’ to the Cap’n—which means it’s comin’ to you, Sam—an’ the ship’s worth a good ten thousand besides.”

I tried to think what that meant to me.