[Illustration: A BLACK PERSON BY THE NAME OF FRIDAY FINDS A BOTTLE]

A deathly silence followed the chairman's words, as Sir Walter drew a
cork-screw from his pocket and opened the bottle. He extracted the paper,
and, as he had surmised, it proved to be a message from the missing
vessel. His face brightening with a smile of relief, Sir Walter read,
aloud:

"Have just emerged into the Atlantic. Club in hands of Kidd and forty
ruffians. One hundred and eighty-three ladies on board. Headed for the
Azores. Send aid at once. All well except Xanthippe, who is seasick in the
billiard-room. (Signed) Portia."

"Aha!" cried Hawkshaw. "That shows how valuable the Holmes theory is."

"Precisely," said Holmes. "No woman knows anything about seafaring, but
Portia is right. The ship is headed for the Azores, which is the first
tack needed in a windward sail for London under the present conditions."

The reply was greeted with cheers, and when they subsided the cry for
Shylock's subscription began again, but he declined.

"I had intended to put up a thousand ducats," he said, defiantly, "but
with that woman Portia on board I won't give a red obolus!" and with that
he wrapped his cloak about him and stalked off into the gathering shadows
of the wood.

And so the funds were raised without the aid of Shylock, and the shapely
twin-screw steamer the _Gehenna_ was chartered of Charon, and put under
the command of Mr. Sherlock Holmes, who, after he had thanked the company