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ed since the moment of their separation; and when it came to Ned's turn he was, as may be supposed, especially eloquent upon the subject of the treasure which he had discovered. His description of the contents of the cave, together with the exhibition of the pearls and precious stones already secured, made a profound impression upon his hearers, who fully agreed with him that such vast possibilities of wealth were not to be lightly abandoned. How to secure it was, however, the question--a question which Ned solved the moment he set eyes upon the _Petrel_. He proposed that she should at once be completed and launched, and that, whilst the rest of the party should effect a leisurely removal of themselves and whatever they wished to take with them on board the _Flying Cloud_, he, with Manners, should proceed in the cutter to Refuge Harbour, and, watching their opportunity, run in during the night, secure the treasure, and leave again next morning--as they could easily manage to do--before the pirates could gain an idea of their being at hand. It was a risky thing to attempt, certainly, though not nearly so risky as it at first sight appears; and after a full and exhaustive discussion of the chances for and against success the bold scheme was agreed to. Accordingly, on the following morning all hands went to work with a will; and they laboured to such good purpose that the last finishing touches were put to the little craft on the Friday following, leaving nothing to be done on the Saturday but the actual launching, and such trimming of the ballast as might be found necessary when she was afloat. The launch was effected successfully, the ceremony of christening being performed by little Lucille; and, it being found when the craft was afloat that only a very trifling alteration was necessary in the distribution of the ballast, the alteration was at once made, after which all hands repaired on board, sail was made, and they went outside to try the cutter's paces. The result was more than satisfactory--it was a delightful surprise; for not only in her sea-going powers but also in the qualities of speed and weatherliness did the _Petrel_ far exceed the most sanguine anticipations of everybody, including her designer. They worked to windward for about three hours and then returned to the harbour, where the remainder of the day was spent in getting on board the provisions, water, and other necessaries for the projected trip
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