Yet the situation in which they were left was one which might have created anxiety in the breast of even a more unfeeling man than Captain Corbet--on board a wrecked ship, that lay there in mid sea, with no means of saving themselves in the event of disaster. It was calm now, but how long would the calm continue? This breeze, that was wafting him along so gently and pleasantly, might stiffen, and strengthen, and intensify itself into a gale; and how would the gale act upon a ship that was virtually under water? Where could the boys betake themselves for refuge? How could they avoid the sweep of the surges that a rising storm would pour over her decks? Where could they find security from the downfall of the masts, which, in the writhing and twisting ship, must inevitably fall. A storm might change their foothold into a waste of boiling foam, and make the masts above as dangerous as the sea below. Even a moderate wind and a very ordinary rising of the sea might make their situation one of peril. Of this the boys, in their inexperience, had taken no thought; but this was the very thing that Captain Corbet ought to have thought of, and this was the thing that he was destined to think of afterwards with anguish of soul. But, for the present, not a thought of this sort came to him. His mind was altogether given up to the sway of those exciting and alluring fancies which beckoned him away to imaginary wealth. Captain Corbet had arranged to call Wade at midnight; but so excited was he by his dreams and speculations that he took no note of time, and was at length startled by the coming of the dawn. Then he hurried away, sent Wade to the helm, and flung himself into his berth. After a long and profound sleep, which was the natural consequence of the excitement of the previous night, he awaked. To his surprise he found that it was about eleven o’clock. He cast a hasty look around. His first feeling was one of satisfaction. There, immediately in front of him, were the Magdalen Islands. His course had been sufficiently accurate to bring him to his destination. He was near enough now to cast anchor, and Wade was already moving forward with that intent. But in that first look that he had given he noticed another thing, for which he was not prepared, and which detracted somewhat from the satisfaction that had been caused by the sight of the islands. He saw a schooner at anchor. The beautiful outline, the slender, tapering masts, the white spars, and the immaculate neatness that characterized this schooner, all told him plainly what she was, and he needed no closer inspection to feel sure that it was the Fawn. Now, the sight of the Fawn disturbed the mind of the venerable captain. He dreaded a meeting with her skipper, Captain Tobias Ferguson.