“Mr Matson,” said the commander, looking down at his first lieutenant, “we must at once take two reefs in the topsails; but it is a risk for the hands aloft, a fearful risk indeed,” he added.

“I am ready to lead the way, sir,” exclaimed a young seaman, who was no other than Ned Davis, the commander’s old companion.

“Give the orders then, Matson,” said the captain.

“Aloft, there,” shouted the first lieutenant. Scarcely, however, had the men sprang into the rigging, when there was a loud crash. The main-topmast had gone close to the cap. The straggling sail and wreck of the spars hanging over the side.

“Clear away the wreck,” cried the captain. “Not a moment to be lost. We must save the other masts.”

The men flew aloft, Ned Davis being among the first drawing out their knives from their pockets as they did so. In a few seconds the ropes were severed, and the mast and spar fell overboard, with the still loudly flapping sail. At the same moment the crew throwing themselves out on the fore-topsail yard, that sail was quickly reefed. “You must take another reef in it, Mr Matson,” said the commander, “closely reef it, or that mast will go also.” The mizen-topsail with greater ease was closely reefed. In consequence of the ship having been deprived even for that short time of the power which urged her through the seas, she had drifted down, it seemed, close upon the reef. Once more the captain looked anxiously to leeward.

“We shall still weather the reef,” he exclaimed to the first lieutenant, who, after gazing at it, looked in his face as if to ask a question, “Unless,” the commander added, “the wind draws more out of the west.”

Heeling over, however, less than she had before done to the blast, her head pointed seaward, clear of the reef, still, should she be making much leeway, it would be doubtful whether, after all, she would clear it. To tack close to it, crippled as she was, would be dangerous in the extreme. The commander stood, as before, at his post.

“She will do it, Matson,” he said, speaking to his first lieutenant.

“God grant she may,” answered the officer.