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"Better stuff than we need, but the difference in price won't matter if we can keep the concrete mill going," Dick remarked thoughtfully. "Still, it's puzzling. If Kenwardine has bought the wharf, why's he sending the coal away, instead of using it in the regular bunkering trade?" "There's a hint of mystery about the matter.

"Ah, there you beat me, señorita. I have twisted my poor brain with thinking of that. We only earned a dollar a head, and bunkering a ship from a flat is hard work while it lasts, whereas one would expect José to ride twenty miles the other way to escape such a task. But he was in the plot, and he shall tell me why, or "

I will try to relate it here mainly in the words of the chief engineer of a certain steamship which, after bunkering, left Lerwick, bound for Iceland. The weather was cold, the sea pretty rough, with a stiff head wind. All went well till next day, about 1.30 p.m., then the captain sighted a suspicious object far away to starboard.

He and the President got on tremendously. The best evidence of that was the fact that the President went up to Congress and sat in the gallery while Mr. Balfour addressed the House. This is without precedent. The difficult problem of course was the blacklist and bunkering agreement, but I think we are by that.

Thanks to the war these ports are in the center of the world's great trade routes and thus, geographically and economically their position is unique for bunkering and for export. The price of bunker coal is a key to the increased overhead cost of world trade, as a result of the war.