Fortunately for the survivors clinging to the stranded ship, before Mr. James had started on his adventurous journey to Falmouth, on Tuesday morning, the rocket apparatus, in charge of the coastguard, who were aroused by Mr. Nicholls, of Penare, had reached the scene from Helford. The first rocket fired threw a line right over the ship, and within fifteen minutes the whole of the survivors were safely on shore. Chief boatman Fisher, of the coastguard, went on board the vessel after the hands taken off to see if any one was left alive, but his self-sacrifice was without result. Accounts of survivors, including those of Mr. Fred Evans, boatswain's mate, Mr. Charles Higgins, quartermaster, and Mr. Beresford, apprentice, relate that the _Bay of Panama_ was 111 days from Calcutta when she struck. There had been forty-two days of severe weather before reaching the western end of the English Channel, and here severe snowstorms and heavy squalls were encountered. At half-past eleven on Sunday night they sighted a light, and being in a position of danger they burned several blue lights, the captain thinking the light came from a steamer. The vessel was now drifting to leeward without a stitch of canvas on her, and the captain soon expressed the opinion that they were to leeward of the Lizard and clear of all land. At half-past twelve the watch went below, put on some clean clothes, and got into their bunks. The captain remained on deck, his wife being in her cabin. Within an hour from this time the ship struck and began rapidly to fill. Most of those who had been below went forward, though the forecastle had been burst in, and was flooded. Seas were breaking over the vessel, and nearly all the officers were early swept away. The second officer went to fetch a rocket, and was never seen again. Attempts were made to get a line on shore, and one seaman is said to have volunteered to swim the distance, but the former was found impracticable, and in the latter case the other seamen held their comrade back. Some of the crew took refuge in the rigging, and at daybreak the second quartermaster died there, the mate died an hour after, and the boatswain, in a state of delirium, jumped from the mizzen-top into the sea and was drowned. Just before six o'clock in the morning, the after-end of the ship broke in two, the mainmast having previously fallen. It is said that, at the time the rescuing party arrived on the scene, six men were frozen in the rigging. The survivors were taken to St. Keverne Farm, which they reached at half-past ten on Tuesday morning, and where they were kindly treated. They remained there until four in the afternoon, when they were conveyed to Gweek in a 'bus. From here it was absolutely necessary for them to walk to Falmouth through the snow, and as many of them were thinly clad, and had no boots, their trials were not over until Falmouth was reached, where Messrs. Jewell and Burton, and Mr. and Mrs. Weir, of