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aband. Taking, then, this high Honolulu figure, the value of the opium on board the Flying Scud fell considerably short of ten thousand dollars, while at the San Francisco rate it lacked a trifle of five thousand. And fifty thousand was the price that Jim and I had paid for it. And Bellairs had been eager to go higher! There is no language to express the stupor with which I contemplated this result. It may be argued we were not yet sure; there might be yet another cache; and you may be certain in that hour of my distress the argument was not forgotten. There was never a ship more ardently perquested; no stone was left unturned, and no expedient untried; day after day of growing despair, we punched and dug in the brig's vitals, exciting the men with promises and presents; evening after evening Nares and I sat face to face in the narrow cabin, racking our minds for some neglected possibility of search. I could stake my salvation on the certainty of the result: in all that ship there was nothing left of value but the timber and the copper nails. So that our case was lamentably plain; we had paid fifty thousand dollars, borne the charges of the schooner, and paid fancy interest on money; and if things went well with us, we might realise fifteen per cent of the first outlay. We were not merely bankrupt, we were comic bankrupts: a fair butt for jeering in the streets. I hope I bore the blow with a good countenance; indeed, my mind had long been quite made up, and since the day we found the opium I had known the result. But the thought of Jim and Mamie ached in me like a physical pain, and I shrank from speech and companionship. I was in this frame of mind when the captain proposed that we should land upon the island. I saw he had something to say, and only feared it might be consolation; for I could just bear my grief, not bungling sympathy; and yet I had no choice but to accede to his proposal. We walked awhile along the beach in silence. The sun overhead reverberated rays of heat; the staring sand, the glaring lagoon, tortured our eyes; and the birds and the boom of the far-away breakers made a savage symphony. "I don't require to tell you the game's up?" Nares asked. "No," said I. "I was thinking of getting to sea to-morrow," he pursued. "The best thing you can do," said I. "Shall we say Honolulu?" he inquired. "O, yes; let's stick to the programme," I cried. "Honolulu be it!" There was another si
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