“Skinner,” he ordered, “get me a letter of credit for about twenty thousand dollars. I'm going travelling.”

“Where?” Matt and Skinner queried in chorus.

“To Europe.”

“You're not!” Matt Peasley declared. “You're liable to be torpedoed en route.”

“I know, but then, too, I'm liable not to be; and if I am, why, I'm an old man, and I'll only be cheating the devil by a few years or a few months. Come in here, you two dead ones.”

They followed him into his office.

“We need some steamers,” Cappy announced. “Every shipyard in the United States that could build the kind of steamer we want is full up with contracts for the next three years; so I'm going to Norway or Sweden or Denmark, or some non-belligerent European country, and see whether I can't place some contracts there for a couple of real freighters. Then, too, I may be able to pick up good vessels over there at a reasonable price. Under the Emergency Shipping Act we can get them provisional American registry—and that's all we need. Before a great while Uncle Sam is going to turn his antiquated shipping laws inside out, and any foreign-built boats we may acquire now will be given the right to run in the coastwise trade also.”

“See here, Cappy,” Matt reminded the old man; “you're retired and I'm in charge of the destinies of the Blue Star Navigation Company. I don't want you working yourself to death.”

“You mean you don't want me butting in. Nonsense! What's the use of having a grandson if a fellow doesn't hustle up something for the boy to sharpen his teeth on when he grows up? Here I've been living from day to day, just marking time on the road to eternity and figuring life wasn't worth while because the stock was going to die out with me. Up until recently I was content with a little old one-horse business; but now, by the Holy Pink-Toed Prophet, boy, we've got to get out and shake a leg! Freighters! That's what we want. Big, well-decked tramps, flying the Stars and Stripes in every port on earth. Why, what kind of a nation are we getting to be, anyway? We're a passel of mollycoddles, asleep on the job. We haven't half enough ships to coal our navy. In the event of war it would take us a week to dig up ships enough to transport the New York Police Department. I tell you, Matt, when I'm gone you'll have to have something for that grandson of mine to do or he'll grow up into one of these idle-rich, ne'er-do-well, two-for-a-quarter dudes. You bet I've been doing a deal of thinking lately. We can't send that boy to college, and spoil him before he's twenty-five. We'll run that young man through high school; just about that time he'll begin to get snobbish and we'll take that out of him by sending him to sea as a cadet on one of our own ships. We'll teach him democracy—that's what we'll teach him. When he's twenty-one he'll be a skipper like his forebears and you'll be only about forty-six. Good Lord! To think of you two young fellows running my Blue Star ships—and not enough ships to keep you busy! Preposterous! I can't consider—Well, Hankins, my dear boy, what's troubling you?”

Mr. Hankins, the secretary, had entered.