“The lumber, and the canvas Jimmy gets to work upon to-morrow, have emptied the treasury,” he remarked. “If we incur any further liabilities, there’s a strong probability of their not being met; but that gives the job an interest. Prudence is a cold-blooded quality, which no man of spirit has much use for. To help yourself may be good, but doing so consistently often makes it harder to help the other fellow.”
“When you have finished moralizing we’ll get to business,” Jimmy rejoined. “Though I’m a partner in the scheme, I know very little yet about the wreck you’re taking us up to look for. Try to be practical.”
“Moran is practical enough for all three of us. I’ll let him tell the tale; but I’ll premise by saying that when he found the halibut fishing much less remunerative than it was cracked up to be, he sailed up the northwest coast with another fellow to trade with the Indians for furs. It was then he found the vessel.”
“The reef,” said Moran, “lies open to the south-west, and I got seven fathoms close alongside it at low water. A mile off, and near a low island, a bank runs out into the stream, and the after-half of the wreck lies on the edge of it, worked well down in the sand. At low ebb you can see the end of one or two timbers sticking up out of the broken water.”
“Is it always broken water?” Jimmy interrupted.
“Pretty near, I guess. Though there’s a rise and fall on the island beach, the stream ran steady to the northeast at about two miles an hour, the whole week we lay sheltering in the bight, and the swell it brings in makes a curling sea on the edge of the shoals.”
“Doesn’t seem a nice place for a diving job. How did you get down to her?”
“Stripped and swam down. One day when it fell a flat calm for a few hours and Jake was busy patching the sail, I pulled the dory across. I wanted to find out what those timbers belonged to, and I knew I had to do it then, because the ice was coming in, and we must clear with the first fair wind. Well, I got a turn of the dory’s painter round a timber, and went down twice, seeing bottom at about three fathoms with the water pretty clear. The sand was well up her bilge, but she was holding together, and when I swam round to the open end of her there didn’t seem much in the way except the orlop beams. I could have walked right aft under decks if I’d had a diving dress; but I’d been in the water long enough, and a sea fog was creeping up.”