"It will be too late then, captain," murmured Dave, in a dejected tone.

"Sorry," said the commander of the Swallow. "I am responsible to the owners. Why, friends, if I should step outside of my duty I am personally liable to a fine that would make me a ruined man and a pauper."

Dave gave a queer start at this, a quick color came into his cheek, a quick flicker into his eyes. He gazed at Stoodles in an eager, speculative way.

"One moment, captain, please," he said, arising and beckoning Stoodles to follow him from the cabin, "I have just thought of something important. I hope you will not decide finally on this matter until I have had a word in private with Mr. Stoodles."

"Surely not, lad," nodded the captain, but in some wonder regarding this peculiar move on the part of the young fellow he had grown to like greatly.

Silence fell over the little coterie in the cabin then. They could hear the low hum of voices outside; Dave talking rapidly and earnestly, and such violent ejaculations from Stoodles now and then as "Begorra!" "Luk at that now!" "Bedad!" and the like.

When Dave came back into the cabin he was calm and collected, but Stoodles squirmed about with a wise, important look on his moonlike face.

"Captain Broadbeam," said Dave, "I have just consulted with Mr. Stoodles on a matter covering his ability to raise a certain sum of money."

The captain of the Swallow grinned. It was so ridiculous to think of Stoodles ever earning or saving a penny that he could not well help it.

"Yes," announced Pat gravely, "by my royal authority as king of the Windjammers' Island."