“With the punt!” the skipper laughed. “’Twould be as easy to haul Blow-Me-Down out by the roots. But if we can keep the wreckers off, by trick or by force, we’ll not lose her. The Grand Lake passed up the coast on Monday. She’ll be steamin’ into Hook-and-Line again on Thursday. As she doesn’t call at Jolly Harbour we’ll have t’ go fetch her. We can run 272 over in the punt an’ fetch her. ’Tis a matter o’ gettin’ there and back before the schooner’s torn t’ pieces.”

At dawn of the next day Skipper Bill determined to set out for Hook-and-Line to intercept the steamer. In the meantime there had been no sign of life ashore. Doubtless, the crew of the Spot Cash thought, the news of the wreck was on its way to neighbouring settlements. The wind had blown itself out; but the sea was still running high, and five hands (three of them boys) were needed to row the heavy schooner’s punt through the lop and distance. Muscle was needed for the punt; nothing but wit could save the schooner. Who should stay behind?

“Let Archie stay behind,” said Billy Topsail.

“No,” Skipper Bill replied; “he’ll be needed t’ bargain with the captain o’ the Grand Lake.”

There was a moment of silence.

“Billy,” said the skipper, “you’ll stay.”

Billy nodded shortly.

“Now, Billy Topsail,” Skipper Bill went on, “I fear you’ve never read the chapter on’ Wreck an’ Salvage’ in the ‘Consolidated Statutes o’ Newfoundland.’ So I’m going t’ tell you some things you don’t know. Now, listen careful! 273 By law, b’y,” tapping the boy on the breast with a thick, tarry finger, “if they’s nobody aboard a stranded vessel––if she’s abandoned, as they say in court––the men who find her can have her and all that’s in her. That’s pretty near the law o’ the land––near enough for you, anyway. Contrary, by law, b’y,” with another impressive tap, “if they is one o’ the crew aboard, he’s a right to shoot down any man who comes over the side against his will. That’s exactly the law. Do you follow?”

“But I’ve no mind for shootin’ at so good-natured a man,” said Billy, recalling the fisherman’s broad grin.

“An’ I hope you won’t have to,” said the skipper. “But they’s no harm in aiming an empty gun anywhere you’ve a mind to. So far as I know, they’s no harm in firin’ away a blast or two o’ powder if you forget t’ put in the shot.”