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 lie in the face of the sea, or mislead a tempest; but, as lawyers have discovered, he makes up for chances withheld when he returns to shore, an affidavit in either hand.

The Aglaia figured with distinction in the great Mackinaw salvage-case. It was her first slip from virtue, and she learned how to change her name, but not her heart, and to run across the sea. As the Guiding Light she was very badly wanted in a South American port for the little matter of entering harbour at full speed, colliding with a coal-hulk and the State's only man-of-war, just as that man-of-war was going to coal. She put to sea without explanations, though three forts fired at her for half an hour. As the Julia M'Gregor she had been concerned in picking up from a raft certain gentlemen who should have stayed in Noumea, but who preferred making themselves vastly unpleasant to authority in quite another quarter of the world; and as the Shah-in-Shah she had been overtaken on the high seas, indecently full of munitions of war, by the cruiser of an agitated Power at issue with its neighbour. That time she was very nearly sunk, and her riddled hull gave eminent lawyers of two countries great profit. After a season she reappeared as the Martin Hunt, painted a dull slate colour, with pure saffron funnel, and boats of robin's-egg blue, engaging in the trade till she was invited (and the invitation could not well be disregarded) to keep away from Black Sea ports altogether.

She had ridden through many waves of depression. Freights might drop out of sight, Seamen's Unions