ard part of the yacht, replied: "I never read them, Mr.
Pierce."

Mr. Pierce laughed quietly. "See," he said, "that fellow never dreams of
there being romance outside of novels. He is so prosaic that he is
unconscious of anything bigger than his own little sphere of life. Peter
may obtain what he wants in this world, for his desires will be of the
kind to be won by work and money. But he will never be controlled by a
great idea, nor be the hero of a true romance."

Steele once wrote that the only difference between the Catholic Church
and the Church of England was, that the former was infallible and the
latter never wrong. Mr. Pierce would hardly have claimed for himself
either of these qualities. He was too accustomed in his business to
writing, "E. and O.E." above his initials, to put much faith in human
dicta. But in the present instance he felt sure of what he said, and the
little group clearly agreed. If they were right, this story is like that
recounted in Mother Goose, which was ended before it was begun. But Mr.
Pierce had said that romance is everywhere to those who have the spirit
of it in them. Perhaps in this case the spirit was lacking in his
judges--not in Peter Stirling.

CHAPTER II.

APPEARANCES.

The unconscious illustration of Mr. Pierce's theory was pacing backwards
and forwards on the narrow space between the cuddy-roof and the gunwale,
which custom dignifies with the name of deck. Six strides forward and
turn. Six strides aft and turn. That was the extent of the beat. Yet had
Peter been on sentry duty, he could not have continued it more regularly
or persistently. If he were walking off his supper, as most of those
seated aft would have suggested, the performance was not particularly
interesting. The limit and rapidity of the walk resembled the tramp of a
confined animal, exercising its last meal. But when one stands in front
of the lion's cage, and sees that restless and tireless stride, one
cannot but wonder how much of it is due to the last shin-bone, and how
much to the wild and powerful nature under the tawny skin. The question
occurs because the nature and antecedents of the lion are known. For
this same reason the yachters were a unit in agreeing that Stirling's
unceasing walk was merely a digestive promenade. The problem was whether
they were right? Or whether, to apply Mr. Pierce's formula, they merely
imposed their own frame of mind in place of Stirling's, and decided,
since