"At Guvutu, last I saw of her. She was going to Sydney to buy a schooner, wasn't she?" "Yes, yes." "That's what she said. Well, she's bought one, though I wouldn't give her ten shillings for it if a nor'wester blows up, and it's about time we had one. This has been too long a spell of good weather to last." "If you came here to excite my curiosity, old man," Sheldon said, "you've certainly succeeded. Now go ahead and tell me in a straightforward way what has happened. What schooner? Where is it? How did she happen to buy it?" "First, the schooner _Martha_," the skipper answered, checking his replies off on his fingers. "Second, the _Martha_ is on the outside reef at Poonga-Poonga, looted clean of everything portable, and ready to go to pieces with the first bit of lively sea. And third, Miss Lackland bought her at auction. She was knocked down to her for fifty-five quid by the third-assistant-resident-commissioner. I ought to know. I bid fifty myself, for Morgan and Raff. My word, weren't they hot! I told them to go to the devil, and that it was their fault for limiting me to fifty quid when they thought the chance to salve the _Martha_ was worth more. You see, they weren't expecting competition. Fulcrum Brothers had no representative present, neither had Fires, Philp Company, and the only man to be afraid of was Nielsen's agent, Squires, and him they got drunk and sound asleep over in Guvutu. "'Twenty,' says I, for my bid. 'Twenty-five,' says the little girl. 'Thirty,' says I. 'Forty,' says she. 'Fifty,' says I. 'Fifty-five,' says she. And there I was stuck. 'Hold on,' says I; 'wait till I see my owners.' 'No, you don't,' says she. 'It's customary,' says I. 'Not anywhere in the world,' says she. 'Then it's courtesy in the Solomons,' says I. "And d'ye know, on my faith I think Burnett'd have done it, only she pipes up, sweet and pert as you please: 'Mr. Auctioneer, will you kindly proceed with the sale in the customary manner? I've other business to attend to, and I can't afford to wait all night on men who don't know their own minds.' And then she smiles at Burnett, as well--you know, one of those fetching smiles, and damme if Burnett doesn't begin singing out: 'Goin', goin', goin'--last bid--goin', goin' for fifty-five sovereigns--goin', goin', gone--to you, Miss--er--what name, please?' "'Joan Lackland,' says she, with a smile to me; and that's how she bought the _Martha_." Sheldon experienced a sudden thrill. The _Martha_!--a finer schooner than the _Malakula_, and, for that matter, the finest in the Solomons. She was just the thing for recruits, and she was right on the spot. Then he realized that for such a craft to sell at auction for fifty-five pounds meant that there was small chance for saving her. "But how did it happen?" he asked. "Weren't they rather quick in selling the _Martha_?"