“Yes, sir,” answered Billy.

“Are they all loaded?” asked Coe.

“All loaded,” was the echoed answer.

“Then draw, each of you, one in each hand,” said our hero, “and have each pistol ready for instant use. But keep your cutlasses suspended by the cord from the right wrist.”

Coe’s order was instantly obeyed; and he himself at the moment prepared his weapons as he had commanded the others to prepare theirs.

“Gentlemen pirates,” he said, sarcastically, addressing those of the boarding-party who had been engaged in the fight, “you will remember that when I accepted the high and distinguished office of captain of marines on board of the brig Falcon, the free rover, I did so provisionally, and on the express condition that I retained the right of resigning whenever I should think proper to do so. I exercise that reserved right now. I resign the honourable post so flatteringly offered to me; and I am, therefore, no longer a member of the gallant band composing the crew of the brig Falcon.”

“What’s the meaning of all this fine talk?” asked a gruff-looking pirate. “What have we got to do with your affairs at this time?”

“It means that I never have been, and never have intended to be, a pirate,” answered the captain; “I had rather die a thousand deaths than be one of your kind. I was taken prisoner by deceit, and was then entirely in your power; yet, even in such circumstances, my first impulse was to defy your whole band and thus to bring on my own death rather than to seem to become a member of your ship’s company. I was induced to act as I have done, partly by the advice of a friend whom circumstances had forced to remain among you, but mainly by the conviction that the Ruler of Events would not have allowed me to be taken prisoner by you merely for the purpose of permitting my death. I hoped not only that I might thus be able to make my escape, but that I might prevent some of the evil which you are accustomed to do in your vocation, and might also find amongst your number some whom I could induce to become again honest men. I see a good prospect of success in all these objects.”

“What’s the use of all this argufying?” said the sailor who had before spoken, and who was boatswain of the Falcon. “Tell us what do you mean? What are you going to do?”

“What I mean is this,” answered Coe. “Lay down your arms at once and surrender. You have no chance of defending yourselves successfully against such odds as will now be opposed to you.”