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Rh of mind, and showed it. They had got hold of the Nemesis cheap and were going to make money out of her. They had their officers and crew on the cheap as well, and it warmed their hearts to think of the price that they had provisioned her at in these hard times. Everything on board the Nemesis was cheap except the grub they had sent on board for their own use, and even that had been paid for by a creditor as a means of getting the firm to renew a bill. It was quite certain the firm knew their way about the dark alleys of this world. Gruddle had a cent.-per-cent. grin on his oily face, and fat Shody smiled like a hyena out on a holiday, and the two more gentlemanly-looking members of the firm laughed jovially.

"It's a great idea this," said Sloggett. "We're going to 'ave an ideal 'oliday and pay nothin' for it, and when we get to Gibraltar we will put the screw on Garcia & Co. and show them that we are not to be played with. Oh, this was a good idea of yours, Butterworth, and I congratulate you on it."

They were shown their berths by the scared and obsequious steward, and they changed their frock-coats and high hats, without which