"So much the better, say I," grunted Silas. "Where be to?"

"What's the size of your hold?" asked Pengelly, without answering Porthoustoc's question.

"Say twelve feet by six an' you'll not be far adrift."

"That's the hatch?"

"Ay, of course," replied Silas. "Reckon as 'ow I could stow a twenty-five feet spar if I wur put to it."

"Good enough," agreed Pengelly. "Here are your orders: Three miles S.S.E. of the North Hinder Light, between midnight and dawn on the 17th."

"Good," chuckled the old man. "Then ut be Schnapps after all?"

"Sort of," admitted Pengelly. "You'll find a motor cargo-boat waiting for you. She'll show three long and three short flashes every half-hour, till you answer her by the prearranged signal. It's all set down on this paper. Our rendezvous——"

"What'll that be, maaster?" interrupted Silas.

"Meeting-place," explained the other. "Will be ten miles sou' by west of St. Alban's Head. Recognition signals the same. Payment fifty pounds down and five per cent. on all subsequent consignments—and we'll keep you pretty busy. Not much risk, either, if you know your job."