"Look here, my men," he said. "I see that you are all aware of what has taken place. It is most disgraceful and unfortunate, and I need hardly say that I am as much vexed as yourselves at losing the Cup, which, but for that, we must have carried off. However, it is one of those cases in which there is nothing to be done, and we should only make things worse by making a fuss about it. We have no ground whatever for believing that it was the work of one of the Phantom's crew, and it is far more likely that it was the work of some longshore loafer who had laid more than he could afford against us. It has partly been our own fault, but we shall know better in future, and your captain will take good care that there shall be an anchor watch set for two or three nights before we sail another race. "What I have called you up for is to beg of you not to make this an occasion for disputes or quarrels ashore. Hitherto I have been proud of the good behaviour of my crew, and I should be sorry indeed to hear that there was any row ashore between you and the Phantom's men. They at least have nothing to boast of. They have won the Cup, but we have won the honour. We have shown ourselves the better yacht, and should have beaten them by something like a mile, if it had not been for this accident. Therefore it is my express wish and order that you do not show your natural disappointment on shore. You can give the real reason of our defeat, but do not say a word of blame to anyone, for we know not who was the author of the blackguardly act. "Of course, the matter cannot be kept altogether a secret, for it will be my duty to lay it before the committee. I shall make no protest. If they choose to institute an inquiry they must do so, but I shall take no steps in the matter, and it is unlikely in the extreme that we shall ever know who did it. I shall pay you all winning money, for that you did not win was no fault of yours. One thing I will wager, though I am not a betting man, and that is, that the next time we meet the Phantom we shall beat her, by as much as we should have done today, but for this accident." The appearance of the Osprey as she sailed into the anchorage, without topmast or bowsprit, excited great attention; and many of the yachtsmen came on board to inquire how the disaster had happened. To save going through the story a score of times, Frank had the broken pieces of the bobstay bar brought up and laid on the deck near the tiller, and in reply to inquiries simply pointed to them, saying: "I think that tells the tale for itself." All were full of indignation at the dastardly outrage. "What are you going to do, Major?" "I am not going to do anything, except take it ashore and hand it to the Sailing Committee. That it has been cut is certain. As to who cut it, there is no shadow of evidence."