Captain Scraggs continued: "I should say that a fair valuation of this schooner as she stands is ten thousand dollars. That belongs to Gib. Now I'm willin' to chuck five thousand dollars into the deal, we'll form a close corporation and as a compliment to McGuffey, elect him chief engineer in his own ship and give him say a quarter interest in our layout, as a little testimonial to an old friend, tried and true."

"Scraggsy," said Mr. Gibney, "your fin. We've fought, but we'll let that go. We wipe the slate clean and start in all over again on the Maggie II, and I'm free to state, without fear of contradiction, that in the last embroglio you showed up like four aces and a king with the entire company standin' pat. Scraggsy, you're a hero, and what you propose proves that you're considerable of a singed cat—better'n you look. We'll go freebootin' down on the Gold Coast. There's war, red war, breakin' loose down there, and we'll shy in our horseshoe with the strongest side and pry loose a fortune somewhere. I'm for a life of wild adventure, and now that we've got the ship and the funds and the crew, let's go to it. There's a deal of fine liquor in the wardroom, and I suggest that we nominate Phineas Scraggs, late master of the battleship Maggie, now second in command of the Maggie II, to brew a kettle o' hot grog to celebrate our victory. Mac—Scraggsy—your fins. I'm proud of you both. Shake."

They shook, and as Captain Gibney's eye wandered aloft, First Mate Scraggs and Chief Engineer McGuffey looked up also. From the main topmast of the Maggie II floated a long blue burgee, with white lettering on it, and as it whipped out into the breeze the old familiar name stood out against the noonday sun.

"Good old dishcloth!" murmured Mr. Gibney. "She never comes down."

"The Maggie forever!" shrieked Scraggs.

"Hooray!" bellowed McGuffey. "An' now, Scraggsy, if you've got all the enthusiasm out of your blood, kick in with a hundred an' fifty dollars an' interest to date. An' don't tell me that note's outlawed, or I'll feed you to the fishes."

Captain Scraggs looked crestfallen, but produced the money.


CHAPTER XX

"Well, Scraggsy, old hunks, this is pleasant, ain't it?" said Mr. Gibney, and spat on the deck of the Maggie II.