Donald realized that Captain Shivernock had thrown away about seven hundred dollars that morning, and, as he thought of it, he was amazed at his conduct; but the captain did not mind paying a thousand dollars any time to gratify the merest whim. The young man tried again to fathom the motive of his eccentric but liberal patron in thus throwing away such large sums, unnecessarily large, to accomplish his object. The Lincolnville outrage was the only possible solution; but if he were the ruffian, he would not have been on Long Island when he had a fair wind to run home, and Sykes and his wife both agreed that he had left the house on the morning that Donald had seen him. It was not possible, therefore, that the captain was guilty of the outrage. Laud had paid him seven fifty dollar bills, and he had over four hundred dollars in his pocket. He did not know what to do with it, and feeling that he had come honestly by it, he was vexed at the necessity of concealing it from his mother; but he was determined to pay it out, as occasion required, for stock and hardware for the yacht he was building. When he went to his chamber, he concealed three hundred and fifty dollars of the money in a secret place in the pine bureau in which his clothes were kept. The next morning Kennedy appeared with the man he was authorized to employ, and the chips flew briskly in the shop all that day. At noon Donald went to the wharf where he had bought his stock, and paid the bill for it. The lumber dealer commended his promptness, and offered to give him credit for any lumber he might need; but Donald proudly declared that he should pay cash for all he bought, and he wanted the lowest cash prices. On his return to the shop, he entered, in the account-book his father had kept, the amount he had expended. The work went bravely on, for his two journeymen were interested in his success. They were glad to get employment, and desired that the young boat-builder should not only build a fine yacht, but should make money by the job. The stem-piece and stern-post were set up, and gradually the frame began to assume the shape of a vessel. Donald watched the forming of the yacht very carefully, and saw that everything was done according to the model and the scale. On Saturday morning Mr. Rodman, accompanied by a friend who was a ship-builder, visited the shop to inspect the work. The frame, so far as it had been set up, was carefully examined, and the expert cordially approved all that had been done, declaring that he had never seen a better job in his life. Of course Donald was proud of this partial success. "I have had some doubts, Don John," laughed Mr. Rodman; "but I am entirely satisfied now." "Thank you, sir. I have had no doubts; I could see that frame in my mind as plainly before a stick had been touched as I do now."