Her last call has been at Honolulu Harbour in the Sandwich Isles, and she is now homeward-bound for New York around the Horn. A succession of westerly winds, or rather continuation of them, has forced her too far on to the Fuegian coast, too near the Furies; and now tossed about on a billowy sea, with the breakers of the Milky Way in sight to leeward, no wonder that her crew are apprehensive for their safety.

Still, perilous as their situation, they might not so much regard it were the Calypso sound and in sailing trim. Unfortunately she is far from this, having a damaged rudder, and with both courses torn to shreds. She is lying-to under storm fore-staysail and close-reefed try-sails, wearing at intervals, whenever it can be done with advantage, to keep her away from those “white horses” a-lee. But even under the diminished spread of canvas the barque is distressed beyond what she can bear, and Captain Gancy is about to order a further reduction of canvas, when, looking westward—in which direction he has been all along anxiously on the watch—he sees what sends a shiver through his frame: three huge rollers, whose height and steepness tell him the Calypso is about to be tried to the very utmost of her strength. Good sea-boat though he knows her to be, he knows also that a crisis is near. There is but time for him to utter a warning shout ere the first roller comes surging upon them. By a lucky chance the barque, having good steerage-way, meets and rises over it unharmed. But her way being now checked, the second roller deadens it completely, and she is thrown off the wind. The third then taking her right abeam, she careens over so far that the whole of her lee-bulwark, from cat-head to stern-davit, is ducked under water.

It is a moment of doubt, with fear appalling—almost despair. Struck by another sea, she would surely go under; but, luckily, the third is the last of the series, and she rights herself, rolling back again like an empty cask. Then, as a steed shaking his mane after a shower, she throws the briny water off, through hawse-holes and scuppers, till her decks are clear again.

A cry of relief ascends from the crew, instinctive and simultaneous. Nor does the loss of her lee-quarter boat, dipped under and torn from the davits, hinder them from adding a triumphant hurrah, the skipper himself waving his wet tarpaulin and crying aloud:

“Well done, old Calypso! Boys, we may thank our stars for being on board such a seaworthy craft!”

Alas! both the feeling of triumph and security are short-lived, ending almost on the instant. Scarce has the joyous hurrah ceased reverberating along her decks, when a voice is heard calling out, in a tone very different:

“The ship’s sprung a leak!—and a big one too! The water’s coming into her like a sluice!”

There is a rush for the fore hatchway, whence the words of alarm proceed, the main one being battened down and covered with tarpaulin. Then a hurried descent to the “’tween-decks” and an anxious peering into the hold below. True—too true! It is already half full of water, which seems mounting higher and by inches to the minute! So fancy the more frightened ones!

“Though bad enuf, ’tain’t altogether so bad’s that,” pronounced Seagriff the carpenter, after a brief inspection. “There’s a hole in the bottom for sartin’; but mebbe we kin beat it by pumpin’.”

Thus encouraged, the captain bounds back on deck, calling out, “All hands to the pumps!”