The next morning I found Pinkerton, who had risen before me, seated at our usual table, and deep in the perusal of what I will call the Daily Occidental. This was a paper (I know not if it be so still) that stood out alone among its brethren in the West; the others, down to their smallest item, were defaced with capitals, head-lines, alliterations, swaggering misquotations, and the shoddy picturesque and unpathetic pathos of the Harry Millers: the Occidental alone appeared to be written by a dull, sane, Christian gentleman, singly desirous of communicating knowledge. It had not only this merit, which endeared it to me, but was admittedly the best informed on business matters, which attracted Pinkerton.
“Loudon,” said he, looking up from the journal, “you sometimes think I have too many irons in the fire. My notion, on the other hand, is, when you see a dollar lying, pick it up! Well, here I’ve tumbled over a whole pile of ‘em on a reef in the middle of the Pacific.”
“Why, Jim, you miserable fellow!” I exclaimed; “haven’t we Depew City, one of God’s green centres for this State? haven’t we ——”
“Just listen to this,” interrupted Jim. “It’s miserable copy; these Occidental reporter fellows have no fire; but the facts are right enough, I guess.” And he began to read:—
“WRECK OF THE BRITISH BRIG, ‘FLYING SCUD.’
“H.B.M.S. Tempest, which arrived yesterday at this port, brings Captain Trent and four men of the British brig Flying Scud, cast away February 12th on Midway Island, and most providentially rescued the next day. The Flying Scud was of 200 tons burthen, owned in London, and has been out nearly two years tramping. Captain Trent left Hong Kong December 8th, bound for this port in rice and a small mixed cargo of silks, teas, and China notions, the whole valued at $10,000, fully covered by insurance. The log shows plenty of fine weather, with light airs, calms, and squalls. In lat. 28 N., long. 177 W., his water going rotten, and misled by Hoyt’s North Pacific Directory, which informed him there was a coaling station on the island, Captain Trent put in to Midway Island. He found it a literal sandbank, surrounded by a coral reef mostly submerged. Birds were very plenty, there was good fish in the lagoon, but no firewood; and the water, which could be obtained by digging, brackish. He found good holding-ground off the north end of the larger bank in fifteen fathoms water; bottom sandy, with coral patches. Here he was detained seven days by a calm, the crew suffering severely from the water, which was gone quite bad; and it was only on the evening of the 12th, that a little wind sprang up, coming puffy out of N.N.E. Late as it was, Captain Trent immediately weighed anchor and attempted to get out. While the vessel was beating up to the passage, the wind took a sudden lull, and then veered squally into N. and even N.N.W., driving the brig ashore on the sand at about twenty minutes before six o’clock. John Wallen, a native of Finland, and Charles Holdorsen, a native of Sweden, were drowned alongside, in attempting to lower a boat, neither being able to swim, the squall very dark, and the noise of the breakers drowning everything. At the same time John Brown, another of the crew, had his arm broken by the falls. Captain Trent further informed the OCCIDENTAL reporter, that the brig struck heavily at first bows on, he supposes upon coral; that she then drove over the obstacle, and now lies in sand, much down by the head and with a list to starboard. In the first collision she must have sustained some damage, as she was making water forward. The rice will probably be all destroyed: but the more valuable part of the cargo is fortunately in the afterhold. Captain Trent was preparing his long-boat for sea, when the providential arrival of the Tempest, pursuant to Admiralty orders to call at islands in her course for castaways, saved the gallant captain from all further danger. It is scarcely necessary to add that both the officers and men of the unfortunate vessel speak in high terms of the kindness they received on board the man-of-war. We print a list of the survivors: Jacob Trent, master, of Hull, England; Elias Goddedaal, mate, native of Christiansand, Sweden; Ah Wing, cook, native of Sana, China; John Brown, native of Glasgow, Scotland; John Hardy, native of London, England. The Flying Scud is ten years old, and this morning will be sold as she stands, by order of Lloyd’s agent, at public auction for the benefit of the underwriters. The auction will take place in the Merchants’ Exchange at ten o’clock.
“Farther Particulars. — Later in the afternoon the OCCIDENTAL reporter found Lieutenant Sebright, first officer of H.B.M.S. Tempest, at the Palace Hotel. The gallant officer was somewhat pressed for time, but confirmed the account given by Captain Trent in all particulars. He added that the Flying Scud is in an excellent berth, and except in the highly improbable event of a heavy N.W. gale, might last until next winter.”
“You will never know anything of literature,” said I, when Jim had finished. “That is a good, honest, plain piece of work, and tells the story clearly. I see only one mistake: the cook is not a Chinaman; he is a Kanaka, and I think a Hawaiian.”
“Why, how do you know that?” asked Jim.
“I saw the whole gang yesterday in a saloon,” said I. “I even heard the tale, or might have heard it, from Captain Trent himself, who struck me as thirsty and nervous.”
“Well, that’s neither here nor there,” cried Pinkerton. “The point is, how about these dollars lying on a reef?”
“Will it pay?” I asked.
“Pay like a sugar trust!” exclaimed Pinkerton. “Don’t you see what this British officer says about the safety? Don’t you see the cargo’s valued at ten thousand? Schooners are begging just now; I can get my pick of them at two hundred and fifty a month; and how does that foot up? It looks like three hundred per cent. to me.”
“You forget,” I objected, “the captain himself declares the rice is damaged.”
“That’s a point, I know,” admitted Jim. “But the rice is the sluggish article, anyway; it’s little more account than ballast; it’s the tea and silks that I look to: all we have to find is the proportion, and one look at the manifest will settle that. I’ve rung up Lloyd’s on purpose; the captain is to meet me there in an hour, and then I’ll be as posted on that brig as if I built her. Besides, you’ve no idea what pickings there are about a wreck — copper, lead, rigging, anchors, chains, even the crockery, Loudon!”
“You seem to me to forget one trifle,” said I. “Before you pick that wreck, you’ve got to buy her, and how much will she cost?”
“One hundred dollars,” replied Jim, with the promptitude of an automaton.
“How on earth do you guess that?” I cried.
“I don’t guess; I know it,” answered the Commercial Force. “My dear boy, I may be a galoot about literature, but you’ll always be an outsider in business. How do you suppose I bought the James L. Moody for two hundred and fifty, her boats alone worth four times the money? Because my name stood first in the list. Well it stands there again; I have the naming of the figure, and I name a small one because of the distance: but it wouldn’t matter what I named; that would be the price.”
“It sounds mysterious enough,” said I. “Is this public auction conducted in a subterranean vault? Could a plain citizen — myself, for instance — come and see?”
“O, everything’s open and above board!” he cried indignantly. “Anybody can come, only nobody bids against us; and if he did, he would get frozen out. It’s been tried before now, and once was enough. We hold the plant; we’ve got the connection; we can afford to go higher than any outsider; there’s two million dollars in the ring; and we stick at nothing. Or suppose anybody did buy over our head — I tell you, Loudon, he would think this town gone crazy; he could no more get business through on the city front than I can dance; schooners, divers, men — all he wanted — the prices would fly right up and strike him.”
“But how did you get in?” I asked. “You were once an outsider like your neighbours, I suppose?”
“I took hold of that thing, Loudon, and just studied it up,” he replied. “It took my fancy; it was so romantic, and then I saw there was boodle in the thing; and I figured on the business till no man alive could give me points. Nobody knew I had an eye on wrecks till one fine morning I dropped in upon Douglas B. Longhurst in his den, gave him all the facts and figures, and put it to him straight: “Do you want me in this ring? or shall I start another?” He took half an hour, and when I came back, “Pink,” says he, “I’ve put your name on.” The first time I came to the top, it was that Moody racket; now it’s the Flying Scud.”
Whereupon Pinkerton, looking at his watch, uttered an exclamation, made a hasty appointment with myself for the doors of the Merchants’ Exchange, and fled to examine manifests and interview the skipper. I finished my cigarette with the deliberation of a man at the end of many picnics; reflecting to myself that of all forms of the dollar hunt, this wrecking had by far the most address to my imagination. Even as I went down town, in the brisk bustle and chill of the familiar San Francisco thoroughfares, I was haunted by a vision of the wreck, baking so far away in the strong sun, under a cloud of sea-birds; and even then, and for no better reason, my heart inclined towards the adventure. If not myself, something that was mine, some one at least in my employment, should voyage to that ocean-bounded pin-point and descend to that deserted cabin.
Pinkerton met me at the appointed moment, pinched of lip and more than usually erect of bearing, like one conscious of great resolves.
“Well?” I asked.
“Well,” said he, “it might be better, and it might be worse. This Captain Trent is a remarkably honest fellow — one out of a thousand. As soon as he knew I was in the market, he owned up about the rice in so many words. By his calculation, if there’s thirty mats of it saved, it’s an outside figure. However, the manifest was cheerier. There’s about five thousand dollars of the whole value in silks and teas and nut-oils and that, all in the lazarette, and as safe as if it was in Kearney Street. The brig was new coppered a year ago. There’s upwards of a hundred and fifty fathom away-up chain. It’s not a bonanza, but there’s boodle in it; and we’ll try it on.”
It was by that time hard on ten o’clock, and we turned at once into the place of sale. The Flying Scud, although so important to ourselves, appeared to attract a very humble share of popular attention. The auctioneer was surrounded by perhaps a score of lookers-on, big fellows, for the most part, of the true Western build, long in the leg, broad in the shoulder, and adorned (to a plain man’s taste) with needless finery. A jaunty, ostentatious comradeship prevailed. Bets were flying, and nicknames. “The boys” (as they would have called themselves) were very boyish; and it was plain they were here in mirth, and not on business. Behind, and certainly in strong contrast to these gentlemen, I could detect the figure of my friend Captain Trent, come (as I could very well imagine that a captain would) to hear the last of his old vessel. Since yesterday, he had rigged himself anew in ready-made black clothes, not very aptly fitted; the upper left-hand pocket showing a corner of silk handkerchief, the lower, on the other side, bulging with papers. Pinkerton had just given this man a high character. Certainly he seemed to have been very frank, and I looked at him again to trace (if possible) that virtue in his face. It was red and broad and flustered and (I thought) false. The whole man looked sick with some unknown anxiety; and as he stood there, unconscious of my observation, he tore at his nails, scowled on the floor, or glanced suddenly, sharply, and fearfully at passers-by. I was still gazing at the man in a kind of fascination, when the sale began.
Some preliminaries were rattled through, to the irreverent, uninterrupted gambolling of the boys; and then, amid a trifle more attention, the auctioneer sounded for some two or three minutes the pipe of the charmer. Fine brig — new copper — valuable fittings — three fine boats — remarkably choice cargo — what the auctioneer would call a perfectly safe investment; nay, gentlemen, he would go further, he would put a figure on it: he had no hesitation (had that bold auctioneer) in putting it in figures; and in his view, what with this and that, and one thing and another, the purchaser might expect to clear a sum equal to the entire estimated value of the cargo; or, gentlemen, in other words, a sum of ten thousand dollars. At this modest computation the roof immediately above the speaker’s head (I suppose, through the intervention of a spectator of ventriloquial tastes) uttered a clear “Cock-a-doodle-doo!”— whereat all laughed, the auctioneer himself obligingly joining.
“Now, gentlemen, what shall we say?” resumed that gentleman, plainly ogling Pinkerton — “what shall we say for this remarkable opportunity?”
“One hundred dollars,” said Pinkerton.
“One hundred dollars from Mr. Pinkerton,” went the auctioneer, “one hundred dollars. No other gentleman inclined to make any advance? One hundred dollars, only one hundred dollars ——”
The auctioneer was droning on to some such tune as this, and I, on my part, was watching with something between sympathy and amazement the undisguised emotion of Captain Trent, when we were all startled by the interjection of a bid.
“And fifty,” said a sharp voice.
Pinkerton, the auctioneer, and the boys, who were all equally in the open secret of the ring, were now all equally and simultaneously taken aback.
“I beg your pardon,” said the auctioneer. “Anybody bid?”
“And fifty,” reiterated the voice, which I was now able to trace to its or............