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"So far it has seemed to me that that can be the only possible

reason. What else--but now wait a moment while I think."

He went below into his room, secured the old log of the M.C.

Burns and the artificial horizon. Together they read the entries

that Michael Burns had made.

"Now, Elsa," said Code by way of explanation, "it was a dead-sure

thing that Nat could never have beaten me in his schooner, and

for two reasons: First, the May was a naturally faster boat than

the old M.C., although Nat would never admit it. That is what

really started our racing. Secondly, I am only telling the truth

when I say that I can outsail Nat Burns in any wind from a zephyr

to a typhoon.