—“Well! we are fairly embarked now, gentlemen—VOGUE LA GALERE!”

“We may thank you for the plunge,” said Ellieslaw.

“Yes; but I don’t know how far you will thank me,” answered Mareschal, “when I show you this letter which I received just before we sat down. My servant told me it was delivered by a man he had never seen before, who went off at the gallop, after charging him to put it into my own hand.”

Ellieslaw impatiently opened the letter, and read aloud—

EDINBURGH,—

HOND. SIR, Having obligations to your family, which shall be nameless, and learning that you are one of the company of, adventurers doing business for the house of James and Company, late merchants in London, now in Dunkirk, I think it right to send you this early and private information, that the vessels you expected have been driven off the coast, without having been able to break bulk, or to land any part of their cargo; and that the west-country partners have resolved to withdraw their name from the firm, as it must prove a losing concern. Having good hope you will avail yourself of this early information, to do what is needful for your own security, I rest your humble servant, NIHIL NAMELESS.

FOR RALPH MARESCHAL, OF MARESCHAL-WELLS —THESE WITH CARE AND SPEED.

Sir Frederick’s jaw dropped, and his countenance blackened, as the letter was read, and Ellieslaw exclaimed,—“Why, this affects the very mainspring of our enterprise. If the French fleet, with the king on board, has been chased off by the English, as this d—d scrawl seems to intimate, where are we?”

“Just where we were this morning, I think,” said Mareschal, still laughing.

“Pardon me, and a truce to your ill-timed mirth, Mr. Mareschal; this morning we were not committed publicly, as we now stand committed by your own mad act, when you had a letter in your pocket apprizing you that our undertaking was desperate.”