stranger, this conversation will at first seem scarcely brilliant; but
he will soon catch the tone; and by the time he shall have moved a
year or so in the island world, and come across a good number of the
schooners so that every captain's name calls up a figure in pyjamas or
white duck, and becomes used to a certain laxity of moral tone which
prevails (as in memory of Mr. Hayes) on smuggling, ship-scuttling,
barratry, piracy, the labour trade, and other kindred fields of human
activity, he will find Polynesia no less amusing and no less instructive
than Pall Mall or Paris.

Mr. Loudon Dodd, though he was new to the group of the Marquesas, was
already an old, salted trader; he knew the ships and the captains; he
had assisted, in other islands, at the first steps of some career of
which he now heard the culmination, or (vice versa) he had brought
with him from further south the end of some story which had begun in
Tai-o-hae. Among other matter of interest, like other arrivals in
the South Seas, he had a wreck to announce. The John T. Richards, it
appeared, had met the fate of other island schooners.

"Dickinson piled her up on Palmerston Island," Dodd announced.

"Who were the owners?" inquired one of the club men.

"O, the usual parties!" returned Loudon,--"Capsicum & Co."

A smile and a glance of intelligence went round the group; and perhaps
Loudon gave voice to the general sentiment by remarking, "Talk of good
business! I know nothing better than a schooner, a competent captain,
and a sound, reliable reef."