This is the true story of the ship's adventure, and whoever questions it is no sailor.

Hardy left the forecastle and stood awhile on deck near the hatch, gazing aloft. In this moment he was fired by a resolution which would have inspired no other heart than that of a true British sailor. He determined that he and the girl and the dog should save this fine ship without help, and carry her to England, and entitle them to a reward which should prove a living to them whilst they endured. His face, which was as manly as Tom Bowline's, was irradiated by the glory of this resolution as he gazed aloft, smiling. It was possible—and being possible it was to be done. But it needed doing by two hearts of oak and the dog as a lookout, and great anxiety would accompany the discharge of this splendid duty, much sleeplessness and ceaseless urging of the spirit. But the eye of God would dwell lovingly upon their toil and peril; he felt that and raised his cap to the thought, and he said to himself, in the language of Nelson, "When we cannot do all we wish, we must do as well as we can!"

He walked aft and joined the girl.

"Julia," he said, "I have formed the resolution of my life, and if I can fulfil it we shall be rich, though that will not make us happy."

"What is it?" she asked, looking a little frightened, with her head slightly drooped to the shoulder, and her left hand, white as foam, reposing like a coronet upon the Newfoundland's head. Indeed, what with the mad captain, drugs, and ghosts she was in such a condition of mind that she was easily alarmed by any divergence from the commonplace.

"This is a valuable ship," he answered. "I know her cargo, for I helped to stow it. She has a beautiful hull, and is perfectly sound aloft. In addition to her cargo she carries a little treasure of jewelry consigned to Melbourne—Colonials love jewelry. I dare say it is worth ten thousand pounds. It is in a safe in the captain's cabin. I should say that the value of this ship and cargo is between sixty thousand and seventy thousand pounds, perhaps more. Julia, you and I and the dog will carry her home. We shall be richly rewarded by the owners and the underwriters—in fact, it is a matter of salvage to be assessed if my terms are disputed."

She grasped him by both hands, her eyes were on fire, her cheeks were burning, the spirit of delight and resolution filled her romantic face with the light of conquest and realisation.

"Is it to be done?" she said.

"It is done," he answered. "We don't talk of failure. But let us make ourselves comfortable whilst the weather is fine."

"How heavenly!" she sighed. "You will teach me to steer, George."