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200 the most eager of the spectators would have been at a loss to explain the reason of his enthusiasm. What was the cause, then, of the lively interest excited by this ship? Simply the mystery which shrouded her destination; it was not known to what kind of commerce she was to be appropriated, and in questioning different groups the diversity of opinion on this important subject was indeed astonishing.

However, the best informed, at least those who pretended to be so, agreed in saying that the steamer was going to take part in the terrible war which was then ravaging the United States of America, but more than this they did not know, and whether the "Dolphin" was a privateer, a transport ship, or an addition to the Federal marine, was what no one could tell.

"Hurrah!" cried one, affirming that the "Dolphin" had been built for the Southern States.

"Hip! hip! hip!" cried another, swearing that never had a faster boat crossed to the American coasts.

Thus its destination was unknown, and in order to obtain any reliable information one must be an intimate friend, or, at any rate, an acquaintance of Vincent Playfair and Co., of Glasgow.

A rich, powerful, intelligent house of business was that of Vincent Playfair and Co., in a social sense, an old and honourable family, descended from those tobacco lords who