“A CHANGE OF WIND: BOULOGNE HARBOUR.” BY T. B. HARDY] [Illustration: _Photo, Mansell_ (_By permission of the Oldham Art Gallery Committee_) “A BOAT ADRIFT.” BY C. NAPIER HEMY, R.A., R.W.S.] [Illustration: “EVENING.” THE COAST OF SPAIN FROM TANGIER. BY SIR JOHN LAVERY, A.R.A., R.S.A.] [Illustration: “BLAKE’S THREE DAYS ENGAGEMENT WITH VAN TROMP.” BY W. L. WYLLIE, R.A.] [Illustration: _Photo, Mansell_ (_In the National Gallery of British Art, London_) “OFF VALPARAISO.” BY THOMAS SOMERSCALES] [Illustration: “BEFORE THE GALE.” BY THOMAS SOMERSCALES] [Illustration: “OFF TO THE FISHING GROUNDS.” BY ROBERT W. ALLAN, R.W.S.] [Illustration: “LANDING FISH.” BY CHARLES W. SIMPSON, R.I., R.B.A.] [Illustration: “FLYING FISH.” BY HERBERT DRAPER] [Illustration: _Photo, Mansell_ (_In the National Gallery of British Art, London_) “AUGUST BLUE.” BY HENRY S. TUKE, R.A., R.W.S.] [Illustration: “THE FIEND’S WEATHER.” BY SIR DAVID MURRAY, R.A., P.R.I., A.R.S.A.] [Illustration: “WHERE THE SOMME MEETS THE SEA” BY TOM ROBERTSON] [Illustration: (_In the possession of the Barcelona Corporation_) “THE STORM-CLOUD, CHRISTCHURCH HARBOUR” BY MOFFAT LINDNER, A.R.W.S.] [Illustration: (_In the possession of The Fine Art Society_) “THE FANE ISLANDS.” BY W. RUSSELL FLINT, R.W.S.] [Illustration: (_In the possession of The Fine Art Society_) “PASSING SAILS.” BY W. RUSSELL FLINT, R.W.S.] [Illustration: (_By permission of the Imperial War Museum_) “H.M.S. ‘WOLSEY’ IN THE ICE AT LIBAU.” BY CECIL KING] [Illustration: “REGATTA DAY AT APPLEDORE.” BY CECIL KING] [Illustration: “ETRETAT.” BY NORMAN WILKINSON, R.I.] [Illustration: “PLYMOUTH HARBOUR.” BY NORMAN WILKINSON, R.I.] [Illustration: “THE WAVE.” BY NORMAN WILKINSON, R.I.] [Illustration: “UP CHANNEL.” BY NORMAN WILKINSON, R.I.] [Illustration: “WINDBOUND.” BY HELY SMITH, R.B.A] [Illustration: “THE YACHT RACE.” BY CHARLES PEARS] [Illustration: “THE EXAMINATION.” BY CHARLES PEARS] [Illustration: “THE NEEDLES.” BY CHARLES PEARS] [Illustration: “THE SEA.” BY W. MARSHALL BROWN, A.R.S.A.] [Illustration: “THE NIGHT WRACK.” BY JULIUS OLSSON, A.R.A.] [Illustration: “HEAVY WEATHER IN THE CHANNEL.” BY JULIUS OLSSON, A.R.A.] [Illustration: “THE RED BEACH.” BY WALTER BAYES, A.R.W.S.] [Illustration: “THE TIMID BATHER.” BY WALTER BAYES, A.R.W.S.] [Illustration: “STORM ON THE CORNISH COAST.” BY THE HON. DUFF TOLLEMACHE] [Illustration: (_In the possession of Capt. W. N. McClean_) “THE WATCH THAT NEVER ENDS.” BY ARTHUR J. W. BURGESS, R.I.] [Illustration: “THE SCARBOROUGH FLEET.” BY ARTHUR J. W. BURGESS, R.I.] [Illustration: “THE DECK OF A TEA-CLIPPER IN THE TROPICS.” BY JOHN EVERETT] [Illustration: “BREAKERS.” BY JOHN EVERETT] [Illustration: “MARGATE.” BY JAMES McBEY] [Illustration: (_In the possession of Messrs Ernest Brown & Phillips, The Leicester Galleries_) “THE WAVE.” BY C. R. W. NEVINSON] [Illustration: “LOW WATER, PENZANCE.” BY W. T. M. HAWKSWORTH, R.B.A.]