In the interim of Scoble's absence, Louis, assisted by his schoolfellow and devoted friend, Felix McGavonty, had accomplished what his father had failed to achieve in ten years of incessant search: he had found the missing million of his grandfather, and had become a millionaire at sixteen. The young man fancied that yachting would suit him; and he proposed to Squire Moses Scarburn, the trustee of all his property, to purchase a cheap vessel for his use. The spiriting away of his mother gave a new importance to the nautical fancy of the young man. Captain Ringgold condemned the plan to buy a cheap vessel. He had made a part of his ample fortune as a shipmaster, and had been an officer in the navy during the last half of the War of the Rebellion. He advised the young man's mother, who was also his guardian, and the trustee to buy a good-sized steam-yacht. A New York millionaire had just completed one of the most magnificent steamers ever built, of over six hundred tons' burden; but his sudden death robbed him of the pleasures he anticipated from a voyage around the world in her, and the vessel was for sale at a reasonable price. The shipmaster fixed upon this craft as the one for the young millionaire, declaring that she would give the owner an education such as could not be obtained at any college; and that she could be sold for nearly all she cost when she was no longer needed. This argument, and the pressing necessity of such a steamer for the recovery of Mrs. Belgrave, carried the day with the trustee. The vessel was bought; and as she had not yet been named, Louis called her the Guardian-Mother, in love and reverence for her who had watched over him from his birth. After some stirring adventures which befell Louis, the new steam-yacht proceeded to Bermuda, where Scoble had wrecked his vessel on the reefs; but the object of the search and all the ship's company were saved. The Guardian-Mother returned to New York after this successful voyage, though not till Captain Ringgold had obtained a strong hint that Scoble had a wife in England. The educational scheme of the commander was then fully considered, and it was decided to make a voyage around the world in the Guardian-Mother. She was duly prepared for the purpose by Captain Ringgold. A ship's company of the highest grade was obtained. The last to be shipped was W. Penn Sharp as a quartermaster, the only vacancy on board. He had been a skilful detective most of his life, and failing health alone compelled him to go to sea; and he had been a sailor in his early years, attaining the position of first officer of a large Indiaman.