"I shall tell the whole story with the greatest pleasure," added Laud. "I was sailing one day down by Haddock Ledge, when I saw a man tumble overboard from a boat moored where he had been fishing. He was staving drunk, and went forward, as I thought, to get up his anchor. The boat rolled in the sea, and over he went. I got him out. The cold water sobered him in a measure, and he was very grateful to me. He went to his coat, which he did not wear when he fell, and took from his pocket a roll of bills. He counted off ten fifties, and gave them to me. Feeling sure that I had saved his life, I did not think five hundred dollars was any too much to pay for it, and I took the money. I don't think he would have given me so much if he hadn't been drunk. I asked him who he was, but he would not tell me, saying he didn't want his friends in Boston to know he had been over the bay, and in the bay; but he said he had been staying in Belfast a couple of days." "Good story!" laughed the wicked nabob. "Every word of it is as true as preaching," protested Laud. "Just about," added the captain, who hadn't much confidence in preaching. "You can see, Captain Shivernock, that I am in an awkward position," added Laud. "I have no doubt the man I saved was the one who stole the tin box. He paid me with the stolen bills." "It is awkward, as you say," chuckled the strange man. "I suppose you wouldn't know the fellow you saved if you saw him." "O, yes, I think I should," exclaimed Laud. "But suppose, when Captain Patterdale comes to me to inquire where I got the marked bill, I should tell him this story. He wouldn't believe a word of it." "He would be a fool if he did," exclaimed Captain Shivernock, with a coarse grin. "Therefore, my gay buffer, don't tell it to him." "But I must tell him where I got the bill," pleaded Laud. "Ha, ha, ha!" laughed the eccentric, shaking his sides as though they were agitated by a young earthquake. "Tell him I gave you the bill!" The captain seemed to be intensely amused at the novel idea; and Laud did not object; on the contrary, he seemed to appreciate the joke. It was midnight when he left the house, and went to the Juno to sleep in her cabin. If he had gone home earlier in the evening, he might have seen Captain Patterdale, who did him the honor to make a late call upon him. CHAPTER XV. LAUD CAVENDISH TAKES CARE OF HIMSELF.