wondering when Miss Jacinta Brown would come up on deck. There was a very deaf Englishman, who insisted on conversing with him in stentorian tones in the saloon, and he had no desire for his company. In the meanwhile, it was pleasant to lounge there and watch the moonlight gleam upon the tumbling seas. There were, he admitted, a good many compensations in the life he led. The warmth and colour of the South appealed to him, and, though they are not particularly numerous, there are men like him who retain a somewhat chastened affection for the sea they earn their bread upon. It is true that he earned very little more than that on board the _Estremedura_, and he had once had his aspirations like other men, as well as a prospect of realising them; but when financial disaster overtook the family firm nobody seemed anxious to secure the services of a young man without specialised training, who had artistic and somewhat expensive tastes, which was, perhaps, not altogether astonishing. That was how Austin eventually came on board the _Estremedura_, and stayed there, though there were odd hours when he took himself to task for doing so. Still, he did not exactly know where he could go if he left her, and the indifference of the Latins was already infecting him. Men in Spain believe that the future is quite able to take care of itself. By and by, however, a slim, white-clad figure appeared in the entrance to the saloon companion, and he moved in that direction with evident alacrity. As one result of being the _Estremedura_'s sobrecargo, he was acquainted with everybody of importance in the archipelago, and among them all there was nobody who figured more prominently than Miss Jacinta Brown. She was English on both sides, though she had lived in those islands most of her twenty-five years, and understood the Spaniards, probably better than they understood themselves, for they are rather an impulsive than an introspective people. She also understood her countrymen, and ruled over them, as well as Spanish artillery officers and Commandantes. It was not very evident how she did it, for there were a good many Spanish women, at least, almost as pretty, and of much better birth than she, and she apparently received no great assistance from her father, for Pancho Brown was a merchant of an unusually solid and unimaginative description. The wives of the English visitors, however, did not, as a rule, like Jacinta. They said she was forward, and it was a pity she had no mother; but when any of them received an invitation from her it was immediately proclaimed all over the hotel. She smiled at Austin graciously, and allowed