"I'll tow the barge free," wailed Scraggs.

Mr. Gibney sat calmly down on the stringer and lit a cigar. Nature had blessed him with a strong constitution amidships and the contiguity of his tainted fortune bothered him but little. He squinted over the tip of the cigar at Captain Scraggs.

"You're just the same old Scraggsy you was in the green-pea trade. All you need is a ring in yer nose, Scraggsy, to make you a human hog. Here you goes to work an' soaks me a dollar a ton when you'd be tickled to death to do the job for half o' that, an' then you got the gall to stand there appealin' to my friendship! So you'll tow the barge up free, eh? Well, just to make the transaction legal, I'll give you a dollar for the job an' let you have the barge. Skip to it, Scraggsy, an' draw up a new bill, guaranteein' to tow the barge for one dollar. Then gimme back $499.00 an' I'll hand you back this receipted freight bill."

Captain Scraggs darted into his cabin, dashed off the necessary document, and returning to the deck, presented it, together with the requisite refund, to Mr. Gibney, who, in the meantime, had come aboard.

"Whatever are you a-goin' to do with this awful codfish, Gib?" he demanded.

Mr. Gibney cocked his hat over one ear and blew a cloud of smoke in the skipper's face.

"Well, boys, I'll tell you. Salted codfish that's been under water a long time gets most o' the salt took out of it, an' even at sea, if it's left long enough, it'll get so durned ripe that it's what you might call offensive. But it makes good fertilizer. There ain't nothin' in the world to equal a dead codfish, medium ripe, for fertilizer. I've rigged up a deal with a orchard comp'ny that's layin' out a couple o' thousand acres o' young trees up in the delta lands o' the Sacramento. I've sold 'em the lot, after first buyin' it from the owners o' the schooner for a hundred dollars. Every time these orchard fellers dig a hole to plant a young fruit tree they aims to heave a codfish in the bottom o' the hole first, for fertilizer. There was upwards o' two hundred thousand codfish in that schooner an' I've sold 'em for five cents each, delivered at Dunnigan's Landin'. I figger on cleanin' up about seven thousand net on the deal. I thought me an' Neils was stuck at first, but I got my imagination workin'——"

Captain Scraggs sank limply into McGuffey's arms and the two stared at the doughty commodore.

"Hit in the face with a fortune an' didn't know it," gasped poor McGuffey. "Gib, I'm sure glad you got out whole on that deal."

"Thanks to a lack o' imagination in you an' Scraggsy I'm about two hundred an' fifty dollars ahead o' my estimate now, on account o' the free tow o' that barge. Me an' Neils certainly makes a nice little split on account o' this here codfish deal."