I had soon proof of this. The first cast gave us thirteen fathoms; very soon we had ten, eight, and so on, till we shoaled the water to five fathoms. I guessed that we should very soon be on shore if this continued, so I saw that I must resort to the only alternative of anchoring, a dangerous proceeding in the uncertain weather we were having. Still I held on as long as I could, and hoped for a slant of wind to enable me to beat off. My hopes were in vain. It was near midnight, when a heavier gust than we had yet had struck the ship, and soon the man with the lead gave notice that we had shoaled our water to three fathoms. Not a moment was to be lost, so I gave orders to clew up all our canvas and to let go the best bow anchor. This was done without delay. Our cable held on, but I soon discovered that a strong current was setting past us to the east-south-east, at the rate of three knots an hour, which, should our anchor not hold, would very soon send us on shore. I at last began to feel as if my anxiety would break me down, as all the dangers with which we were surrounded were brought to my thoughts. We had a dark night, a heavy gale of wind, a lee-shore, a strong current, untried and probably not over-good ground tackle, and a great uncertainty as to our position. Added to this, I had under my command a vessel worth four hundred thousand pounds, and between thirty and forty lives entrusted to my care. Our anchor held, but not without dragging slightly. Anxiously I walked the deck and waited for break of day. I thought it would never come. It did at last, however, and revealed a sight sufficient to make the stoutest heart quake. Scarcely more than a cable's length from the ship appeared a ledge of rocks over which the waves were washing with sullen roars, while the log hove overboard showed me that there was a strong current setting towards a high rocky bluff land dead to leeward of us. Towards it the ship was surely though slowly dragging her anchor. One thing only could save us. We must without delay get sail on her. We tried to weigh the anchor, but soon abandoned the attempt as hopeless. I called the officers round me, in a few words explained our position, then sent every man to his station. Nol Grampus stood, axe in hand, ready to cut the cable as I gave the word. Two good hands were at the helm. The men were aloft, ready to loose sails. I waited till the ship's head tended off the land, then at a wave of my hand the sails were let fall and sheeted home, down came old Nol's gleaming axe, the end of the cable disappeared through the hawse-hole, the sails filled, and away glided the big ship from the threatening rocks. Still she was not free from danger. I held my breath, as did every seaman on board, as we gazed at the bluff land it was necessary to weather. The current set strongly towards it, a shift of wind might yet cast away the ship. Down she seemed settling towards it.