But although Bobby Lot and Billy Topsail kept a sharp lookout for giant squids wherever they went, they were not rewarded. There was not so much as a sign of one. By and by, so bold did they become, they hunted for one in the twilight of summer days, even daring to pry into the deepest coves and holes in the Ruddy Cove rocks.
Notwithstanding the ridicule he had to meet, Bobby never ventured out in the punt without a sharp ax. He could not tell what time he would need it, he said; and thus he formed the habit of making sure that it was in its place before casting off from the wharf.
As autumn drew near they found other things to think of; the big squids passed out of mind altogether.
"Wonderful queer," Billy said, long afterwards, "how things happen when you isn't expectin' them!"
One day late in September—it was near evening of a gray day—Billy Topsail and Bobby Lot were returning in Bobby's punt from Birds' Nest Islands, whither they had gone to hunt a group of seals, reported to have taken up a temporary residence there. They had a mighty, muzzle-loading, flintlock gun; and they were so delighted with the noise it made that they had exhausted their scanty provision of powder and lead long before the seals were in sight.
They had taken the shortest way home. It lay past Chain Hole, a small, landlocked basin, very deep, with a narrow entrance, which was shallow at low tide. The entrance opened into a broad bay, and was called Chain Tickle.
"What's that in the tickle?" Billy exclaimed, as they were rowing past.
It was a black object, apparently floating quietly on the surface of the water. The boys gazed at it for a long time, but could make nothing of it. They were completely puzzled.
"'Tis a small bit o' wreck, I'm thinkin'," said Bobby. "Leave us row close and see."