They behaved like school children on a picnic. They roared over Iris's troubles in the matter of divided skirts, too much divided to be at all pleasant. The shipowner tasted some of her sago bread, and vowed it was excellent. They unearthed two bottles of champagne, the last of the case, and promised each other a hearty toast at dinner. Nothing would content Iris but that they should draw a farewell bucketful of water from the well and drench the pitcher-plant with a torrential shower.

Robert carefully secured the pocket-books, money and other effects found on their dead companions. The baronet, of course, knew all the principal officers of the Sirdar. He surveyed these mournful relics with sorrowful interest.

"The Sirdar was the crack ship of my fleet, and Captain Ross my most trusted commander," he said. "You may well imagine, Mr. Anstruther, what a cruel blow it was to lose such a vessel, with all these people on board, and my only daughter amongst them. I wonder now that it did not kill me."

"She was a splendid sea-boat, sir. Although disabled, she fought gallantly against the typhoon. Nothing short of a reef would break her up."

"Ah, well," sighed the shipowner, "the few timbers you have shown me here are the remaining assets out of £300,000."

"Was she not insured?" inquired Robert.

"No; that is, I have recently adopted a scheme of mutual self-insurance, and the loss falls pro rata on my other vessels."

The baronet glanced covertly at Iris. The words conveyed little meaning to her. Indeed, she broke in with a laugh—

"I am afraid I have heard you say, father dear, that some ships in the fleet paid you best when they ran ashore."

"Yes, Iris. That often happened in the old days. It is different now. Moreover, I have not told you the extent of my calamities. The Sirdar was lost on March 18, though I did not know it for certain until this morning. But on March 25 the Bahadur was sunk in the Mersey during a fog, and three days later the Jemadar turned turtle on the James and Mary shoal in the Hooghly. Happily there were no lives lost in either of these cases."