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expressed in every languid movement. Prescott's face grew troubled as he glanced at him.

      "I guess we're not going to sea to-day," he said. "Your father has more to carry than he can stand. That—Merril has been putting the screw on him."

      Wheelock dropped somewhat heavily upon the Tyee's deck, and, though they looked at him questioningly, he said nothing to either of them as he made his way to the little after-cabin. When he reached it, he sat down and wiped his forehead before he poured himself out a stiff drink of whisky; then he made a little, hopeless gesture as he turned to Jimmy, who stood at the foot of the ladder with Prescott in the scuttle behind him.

      "You'll stop loading that ballast," he said. "I'm fixed this time. I guess Merril has the ship. Carpenters to come on board to-morrow, and as far as I can figure, eight hundred dollars won't see them clear. Besides that, it's a sure thing we'll lose the coast mill contract."

      Jimmy said nothing, but he set his lips tight, and Tom Wheelock had finished his whisky before he looked at him again. His eyes were half-closed, and he sat huddled and limp, with one hand trembling on his glass, a broken man.

      "Carpenters will be here to-morrow. I guess there's no use stopping them—I've got to see the thing right out," he said. "Still, you can tell the boys we don't want that ballast. I feel kind of shaky, and I'm going to lie down. Not as strong as I used to be, Jimmy, and I haven't quite got over that thump I got against the rail."

      Jimmy made a sign to Prescott and went up the ladder, and when he stood on deck the grizzled sailorman wondered at the change in him. There was no geniality in his blue eyes now, and his face was set and grim, for pity was struggling within him with a vindictive hatred of the man who had brought his father down. Tom Wheelock, it was evident, had been brought low in more ways than one.

      "If you'll see about that ballast, I'll go straight to Merril's office. I want this thing made clear," he said.

      "Well," advised Prescott, "I'd walk round a few blocks first; you want to simmer down before you talk to a man like that. Go slow, and get a round turn on your temper."

      Jimmy, who made no answer, swung himself up on the wharf, and it was not until he had traversed part of the water-front that he remembered it might have been advisable to change his clothes. He was still clad in blue jean freely smeared with the red soil that he had been shoveling in the hold, and his face and hands were grimy and damp with perspiration. Still, that did not seem to matter greatly, since, after all, it was a costume quite in accordance with his station. The days when he had worn a naval uniform had passed.

      Striding into an office in a great stone building, he accosted a clerk, who said that Mr. Merril was busy, and then appeared to grow a trifle disconcerted under Jimmy's gaze. The latter smiled at him grimly.

      "Then it's probably fortunate that I'm not busy at all," he said. "In fact, I'm quite prepared to stay here until this evening; and since there seems to be only one door to the place it will perhaps save Mr. Merril inconvenience if he sees me now. You can explain that to him."

      The clerk, who grinned at one of his companions, disappeared, and, coming back, ushered the insistent visitor into a sumptuously furnished office; and, when the door closed behind him, Jimmy was a little astonished to find himself as collected as he had ever been in his life. He was one of the men who do not quite realize their own capabilities until driven by necessity into strenuous action. An elderly gentleman with a pallid and somewhat expressionless face, dressed with a precision not altogether usual in that country, looked up at him.

      "Well?" he said inquiringly.

      Jimmy drew forward a chair, and sat down uninvited. "You know my name," he said. "I want to understand exactly why you are sending those carpenters on board the schooner?"

      Merril looked at him gravely, but Jimmy did not appear to find his gaze in any way troublesome.

      "I don't think you have anything to do with the matter," he said. "Still, out of courtesy——"

      "No," interrupted Jimmy; "I'm not asking a favor, only anticipating things a little. It is, I am afraid, quite likely that I shall have to take over the schooner before very long."

      "Then, in accordance with a clause in the agreement, the vessel must be kept in efficient repair to the satisfaction of a qualified surveyor. The man I sent down reports that she needs a new mast, decks relaid, and a good deal of new planking about her water-line. Your father has particulars."

      "I suppose," said Jimmy very quietly, "there would be nothing gained by asking you to allow the repairs to stand over until we have brought down one or two more loads of lumber. I expect you know it will cost us the sawmill contract if we lay the schooner off now?"

      Merril made a little gesture. "I'm afraid not. I can't afford to take the risk of having the schooner lost, to oblige you, and the fact that you may not carry out the sawmill contract naturally does not concern me."

      "Has it occurred to you that we might question your surveyor's report? Half the repairs are quite unnecessary, as you no doubt know. Why the man recommended them is, of course, a question I'm not going into, though it wouldn't be very difficult to hit on the reason. There are, however, other men of his profession in this city."

      Again Merril looked at him steadily, with a faint, sardonic gleam, which was more galling than anger, in his eyes. "You will, of course, do what you consider advisable, but if the repairs are not made I shall apply for an injunction to stop you from going to sea; and the law is somewhat costly. The redemption instalment and interest are overdue, and if your father has any money with him, one would fancy it would be more prudent for him to settle his obligations than to give it to the lawyers."

      Jimmy realized that this was incontrovertible. Unless the arrears were paid within a fixed time, Merril could foreclose on the vessel and sell her to somebody acting in concert with him, which was, no doubt, what he wished to do. There was, it seemed, no wriggling out of his grip; and, though he felt it would be useless, Jimmy resolved to appeal to his sense of fairness.

      "So far as I can figure, you have been paid in interest and charges about forty cents on every dollar you lent; and you still hold a bond for the original amount," he said. "That would be enough to satisfy most men; and all we ask is a little time and consideration. You could let those repairs stand over, and could wait a while for your interest. It will most certainly be paid if we can keep hold of the sawmill contract."

      "I'm afraid you are wasting time;" and Merril glanced at the papers before him. "There are several reasons which make it necessary for me to insist on your father's carrying out the conditions of his bond. He owes me a good deal of money now."

      A hard glint crept into Jimmy's blue eyes, and there was a trace of hoarseness in his voice. "I want you to understand that it will crush him," he said. "He is an old and broken man, and you would lose nothing by a little clemency. I will take every dollar of his debts upon myself."

      "I'm sorry, but it can't be helped," said Merril, with a shrug of his shoulders which seemed to suggest that his patience was becoming exhausted. "The conditions laid down must be carried out."

      Jimmy rose slowly. Every nerve in him tingled, though there was only the ominous scintillation in his eyes to indicate what he was feeling. Laying one hand on Merril's desk, he looked down at him, and they faced each other so for, perhaps, half a minute. The man who held in his grasp many a small industry in that Province shrank inwardly beneath the sailor's gaze.

      "Then," said Jimmy, with a slow forcefulness that was the more impressive because of the restraint he put upon himself, "you shall have your money, and everything else that is due you. If I live long enough—all—my father's debt will certainly be paid."

      He went out; and Merril, to whom an interview of this description was not exactly a novelty, was for once a little uneasy in his mind. There was a certain suggestion of steadfastness in the seafarer's manner that he did not like, and he felt that he could be relied on to keep his promise if the opportunity were afforded him. Still, the bondholder fancied it would not be insuperably difficult to contrive that the occasion did not


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