“Yes; and the Moana sails in just twenty-five minutes, Cappy. If you're thinking of sending a man down to bid against me you'll have to step lively.”

Cappy Ricks was now beside himself; this gentle, good-natured heckling had made of him a venerable Fury.

“I'll cable my bid!” he shrilled.

“No you won't Cappy, for the reason that there is no cable to Tahiti.”

“Then I'll wireless it!”

“Well, you can try that, Cappy. Unfortunately, however, the only wireless station in Tahiti is a little, old, one-cat-power set. It can receive your message, but it can't send one that will reach the nearest wireless station—and that's at Honolulu. And until the bank in Tahiti can confirm drafts by wireless I imagine it will not pay them on presentation.”

Cappy surrendered. He couldn't stand any more.

“Good-bye, Gus,” he said. “Good luck to you! If you get that vessel you'll deserve her, and when you're forming the S.S. Valkyrie Company I'll head the list of stock subscribers with a healthy little chunk. You know me, Gus! I'm the old bell mare in shipping circles; a lot of others will follow where I lead.”

“I forgive you the spruce deal, Cappy. You're an awful pirate; but, for all that, you're a grand piece of work. God bless you!” And Redell put his arm round the old man affectionately. “Good-bye.”

And, followed by Live Wire Luiz, who was going to the dock to see his partner aboard the Moana, Redell disappeared into California Street.