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THE IRON PIRATE.

whenever he spoke, and emphasised them with bangs of the hammer upon the table. The call for wine was answered by some of the niggers fetching in cases of champagne, and soon the stuff was running in every part of the hall. The captain waited until the men were drinking, and then he continued—

"I guess, boys, the next thing to do is to make our calculations. We've had a smart month's work, and there's a matter of two hundred and fifty pounds a man waiting for you when next you foot it in New York. That's my calculation; and if there's one of you doubts it, he can see the figures."

He waited for them to speak, but they gave him only a great shout of approval, when he became more serious.

"You know, lads, there'll be a spell of holiday here for you, which you may reckon that I regret as much as any of you. The skipper of the American cruiser has made hell in Europe, and there's twenty cruisers out after us if there's one. That I snap my fingers at; but fighting isn't the game for you and me, who are looking for dollars; and we won't hurt to lie low until the spring. Has any man got anything to say against that?"

There was not a word in answer to the threatening question; and then Black, bracing himself up to anger, went on—