"I think she is, my son," was the prompt, pleasant-toned reply. "What is your opinion, Keith?"

"It exactly coincides with yours, Raymond; and if I wanted, and could afford so expensive a luxury, I think I shouldn't hesitate to make an offer for her."

"We seem to be quite agreed in our estimate of her," said Captain Raymond; "and I shall take your advice."

"You are quite sure of her speed?" queried Keith.

"Yes; I have seen accounts of her in the papers, showing that she is a fine sailer, as I should feel confident she would be, judging merely from her appearance. She is a beautifully modelled, well-built little craft."

"Looks rather small to you after the naval vessels you were wont to command?" queried Donald Keith, with a good-humoured laugh.

"Yes; but quite captivating to a lover of the sea, nevertheless, and as I see she is such to Max, and have no doubt that she will be to the rest of my family, I am about decided to make the purchase."

Max drew a long breath, while his eyes sparkled with pleasure.

They at once sought the agent whose business it was to attend to the sale of the vessel. It did not take long for him and the Captain to come to an agreement; and the "Dolphin" quickly changed owners.