"I have another steamer in view, though the Bellevite is vastly superior to anything I know of in speed and general fitness. Do as you think best, Mulgate; and I shall be able to explain in a satisfactory manner my failure to obtain this vessel." "The fault will be mine, I suppose," muttered Mulgate. "The court-martial will decide that point," replied the captain. Mulgate seemed to be buried in his own reflections, no doubt suggested by the last remark of the other. Possibly he considered that the failure of such an important enterprise because he had insisted upon bringing a lady into the affair would not sound well at home. Whatever he was thinking about, he was greatly agitated, and Captain Carboneer walked in the direction of the road, half a mile from the river. He had no time to consider the matter: he must yield at once, or abandon the scheme. "I will do anything you ask, Captain Carboneer!" he shouted, forgetting, in his excitement, the demand for secrecy. The naval officer, as his conversation indicated that he was, turned and retraced his steps to the beach. He did not seem to be at all excited because his associate had changed his mind, for in his judgment it would have been worse than madness for him to persist in his intentions. "I have stated the case as I understand it, and I have nothing more to say, Mulgate," said he. "I renounce my scheme, and I will not ask that the lady be a passenger even to Bermuda or Nassau," replied Mulgate, though not without a considerable display of emotion. "Very well; that is enough. Nothing more need be said about your purpose, since you have renounced it. Now we will visit the Bellevite, and learn what we can in regard to her," said the naval officer, in his usual quiet manner, and whether he was a Confederate or a Unionist, one could hardly have failed to be impressed by his dignified deportment. At the request of Captain Carboneer, Mulgate climbed to the forward deck of the Florence. She was twenty-eight feet long, and her deck covered more than half of her length. She had a very large cabin for a boat of her size, which was fitted up with berths, with a cook-room forward of it, for Christy Passford was often absent a week in her. "I think Corny had better go back to the house, and keep an eye on Christy, so as to make sure that he does not disturb us," suggested Mulgate, as the planter's son was about to go on board of the yacht. "I think we shall want him, and he had better be with us," replied the captain, as one would speak when he expected to be obeyed. Corny climbed up the stem of the Florence. He had never seen the captain before, and had not even been informed who and what he was; but he appeared to be a more important person than Mulgate, and he did not wait for the latter to argue his point. He had sailed in the Florence very often, and he knew all about her. He took a boathook, and planted its point on the beach, in readiness to shove off.