r us, which if you enter the Navy you should not
own. So Dave and I offer you ten thousand dollars each for the shares
that you hold. It is a fair valuation."

"I know it is, if you offer it, Mr. Farnum," Jack Benson replied, with
feeling.

"Then you'll accept, and take your very heart's-wish--the Navy--all
of you?" asked Mr. Farnum.

"I accept both your offer, Mr. Farnum, and, the greater offer of the
Secretary of the Navy," replied Jack, his eyes becoming misty.

"I accept," murmured Hal.

"So do I," from Eph.

"Then, sir," declared Jacob Farnum, turning to the Secretary of the
Navy, "the Flag is richer by three magnificent young followers!"

* * * * * * * * * *

Here we must leave the submarine boys for the present, for these events
happened hardly later than yesterday, and there are no new adventures
yet to chronicle.

Donald Graves--Millard--received a severe sentence in the penitentiary.
He is still serving the sentence, of course. Gray, his accomplice, who
attempted to spirit the drawings outside of the United States, is now
likewise serving a term.

The trial was a swift, nearly secret one. Daisy Huston was not dragged
into the case at all. In one respect the trial failed. Neither culprit
could be forced to tell for which foreign government the dastardly work
had been attempted. The "Spitfire" returned to Dunhaven, and was later
sold to the government, with several other boats. Williamson became
the new Pollard captain.

Several foreign governments were deeply disappointed over not being able
to secure the services of the submarine boys.

But Jack, Hal and Eph could be happy nowhere except under their own Flag.

They are now accepted most cordially by all their brother officers,
young and old, in the United States Navy.

For the most part, so far, the duties of our young officers have been
aboard the different boats purchased from the Pollard Company. Yet,
for the sake of practice and change, they have been, at times, detailed
aboard other classes of craft in the Navy.

We shall now encounter our young acting naval officers in one of their
new fields of special work, in the next volume of this series, which
is published under the title: "_The Submarine Boys And the Smugglers;
Or, Breaking Up the New Jersey Customs Frauds_." Here we shall find our
talented lads engaged in doing some of their finest work for Uncle Sam's
Government, and under circumstances that will de