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IR," said the first lieutenant, bursting into the Captain's cabin, "the ship is going down."

"Very well, Mr. Spoker," said the Captain; "but that is no reason for going about half-shaved. Exercise your mind a moment, Mr. Spoker, and you will see that to the philosophic eye there is nothing new in our position: the ship (if she is to go down at all) may be said to have been going down since she was launched."

"She is settling fast," said the first lieutenant, as he returned from shaving.

"Fast, Mr. Spoker?" asked the Captain. "The expression is a strange one, for time (if you will think of it) is only relative." "Sir," said the lieutenant, "I think it is scarcely worth while to embark in such a