The _Aglaia_ figured with distinction in the great _Mackinaw_ salvage-case. It was her first slip from virtue, and she learned how to change her name, but not her heart, and to run across the sea. As the _Guiding Light_ she was very badly wanted in a South American port for the little matter of entering harbour at full speed, colliding with a coal-hulk and the State’s only man-of-war, just as that man-of-war was going to coal. She put to sea without explanations, though three forts fired at her for half an hour. As the _Julia M’Gregor_ she had been concerned in picking up from a raft certain gentlemen who should have stayed in Noumea, but who preferred making themselves vastly unpleasant to authority in quite another quarter of the world; and as the _Shah-in-Shah_ she had been overtaken on the high seas, indecently full of munitions of war, by the cruiser of an agitated Power at issue with its neighbour. That time she was very nearly sunk, and her riddled hull gave eminent lawyers of two countries great profit. After a season she reappeared as the _Martin Hunt_ painted a dull slate-colour, with pure saffron funnel, and boats of robin’s-egg blue, engaging in the Odessa trade till she was invited (and the invitation could not well be disregarded) to keep away from Black Sea ports altogether. She had ridden through many waves of depression. Freights might drop out of sight, Seamen’s Unions throw spanners and nuts at certificated masters, or stevedores combine till cargo perished on the dock-head; but the boat of many names came and went, busy, alert, and inconspicuous always. Her skipper made no complaint of hard times, and port officers observed that her crew signed and signed again with the regularity of Atlantic liner boatswains. Her name she changed as occasion called; her well-paid crew never; and a large percentage of the profits of her voyages was spent with an open hand on her engine-room. She never troubled the underwriters, and very seldom stopped to talk with a signal-station, for her business was urgent and private.