In New York as in New London, it was currently reported that a number of the more active business men were actually making fortunes by the war. Not a great many rebel vessels had been brought into New York harbor as prizes, but all that did come in, and that were condemned and sold, offered opportunities for speculation. The best of the town trade came from the army and navy, but there were still a few small driblets coming in from the interior. It was worthy of note, perhaps, that furs, for instance, should sometimes reach New York from the north, from regions beyond Albany. These were smuggled down the Hudson River, nobody knew how. It had been suggested, of course, by sharp people, that American commanders might be willing to shut their eyes while a fur trader went in, provided they were to have a talk with him on his return. In like manner, it was said, the British generals had no objections whatever to the arrival of fellows who were certified to them as "well-known Tories," who could give them abundant information concerning the ragged, starving, worthless condition of the rebel forces in and above the Hudson highlands. No doubt, too, it was encouraging to the military and other servants of the king to hear, from honest and loyal fur traders, how the rebels of the Mohawk Valley were dispirited by the defeats of Washington's army, and how they were preparing to turn against the Continental Congress. Best of all, perhaps, was the assurance thus brought that all the Six Nations and the Hurons of the woods were ready to take the war-path in the spring as the allies of England. If there were sailors ashore on leave that morning, from many of the other ships in the harbor, there were none from the _Termagant_, for she was under orders to sail. Captain Luke Watts himself had a call of ceremony to make, at an early hour, relating to those very orders, for he was to give in his last report of the condition of his ship and crew. The "port captain," to whom his report was to be made, was the commander of a lordly seventy-four. In the absence of any admiral he was the "commodore" of all the naval forces in and about the harbor. Captain Watts was kept on deck in waiting for a few minutes only, and when he was summoned to the cabin he found the commodore by no means alone. The mere skipper of a transport was not asked to take a seat in such a presence, and Luke stood, hat in hand, respectfully, while his presented papers were read and approved. "Now, Watts," said the commodore, "what course do you take, homeward bound?" "As far no'th as I can get, sir," replied Luke, "for good reasons." "Give your reasons." "Well, sir, from what I heard at New London, the rebel pirates are aimin' at our West Injy trade. They'll hang 'round the reg'lar course, too, the southern track. I jest mean to steer out o' their way." "Good!" said the commodore. "What else did you hear among the Yankees?"