"I believe there is a steamer coming in," she said. "Yes, a steamer."

"A yacht, I think," I said, for, sure enough, it was Babcock true to the minute, heading the Tallahassee straight in. I could have given him a hundred dollars on the spot I was so delighted, for he couldn't have timed it better, nor at a moment when it could have pleased me more. She ran in under easy steam, making a splendid appearance with her raking masts and razor bow, under which the water spurted on either side like dividing silver. Except a beautiful woman, I don't know that there's a sweeter sight than a powerful, sea-going steam yacht, with the sun glinting on her bright brass-work, and a uniformed crew jumping to the sound of the boatswain's whistle.

"The poor young man's ship's come home," I said.

"It must be Lady Gaunt's Sapphire," said Verna.

"With the American colours astern?" I said.

"Why, how strange," she said, "it really is American. And then I believe it's larger than the Sapphire!"

"Fifteen hundred and four tons register," I said.

"How do you know that?" she demanded, with a shade of surprise in her voice.

"Because, my dear, it's mine!" I said.

"Yours!" she cried out in astonishment.