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 command than I was myself. Later on it was:

"The captain is well paid, master; but the ship is in his keeping, and he is never free from the burden. It is the owner who is better paid—the owner who sits ashore with many servants and turns his money over."

"True, but a schooner costs five thousand dollars—an old schooner at that," I objected. "I should be an old man before I saved five thousand dollars."

"There be short ways for white men to make money," he went on, pointing ashore at the cocoanut-fringed beach.

We were in the Solomons at the time, picking up a cargo of ivory nuts along the east coast of Guadalcanar.

"Between this river mouth and the next it is two miles," he said. "The flat land runs far back. It is worth nothing now. Next year—who knows?—or the year after, men will pay much money for that land. The anchorage is good. Big