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9-1 Solutions
© 2013 Cengage Learning. All rights reserved. No distribution allowed without express authorization.
CHAPTER 9
WORKING CAPITAL
Questions, Exercises, and Problems: Answers and Solutions
9.1 See the text or the glossary at the end of the book.
9.2 Prepayments are future economic benefits that a firm will receive because it
has exchanged cash for the right to receive services in the future. Firms
charge the asset to expense over the period during which it receives services.
All assets promise future economic benefits, so all assets are prepayments.
9.3 The underlying principle is that acquisition cost includes all costs required
to prepare an asset for its intended use. Assets provide future services.
Costs that a firm must incur to obtain those expected services are, therefore,
included in the acquisition cost valuation of the asset. In the case of
merchandise inventory, this includes the costs associated with obtaining the
goods (purchase price, transportation costs, insurance costs). For
manufactured inventory, acquisition costs include direct labor, direct
materials, and manufacturing overhead.
9.4 Depreciation on manufacturing equipment is a product cost and remains in
inventory accounts until the firm sells the manufactured goods.
Depreciation on selling and administrative equipment is a period expense,
because the use of such equipment does not create an asset with future
service potential.
9.5 Both the Merchandise Inventory and Finished Goods Inventory accounts
include the cost of completed units ready for sale. A merchandising firm
acquires the units in finished form and debits Merchandise Inventory for
their acquisition cost. A manufacturing firm incurs direct material, direct
labor, and manufacturing overhead costs in transforming the units to a
finished, salable condition. The Raw Materials Inventory and Work-in-
Process Inventory accounts include such costs until the completion of
manufacturing operations. Thus, the accountant debits the Finished Goods
Inventory account for the cost of producing completed units. The accountant

Solutions 9-2
9.5 continued.
credits both the Merchandise Inventory and Finished Goods Inventory
accounts for the cost of units sold and reports the inventory accounts as
current assets on the balance sheet.
9.6 Accounting reports cost flows, not flows of physical quantities. Cost-flow
assumptions trace costs, not physical flows of goods. With specific
identification, management can manipulate cost flows by controlling
physical flow of goods.
9.7 Rising Purchase Prices
Higher Inventory Amount: FIFO
Lower Inventory Amount: LIFO
Higher Cost of Goods
Sold Amount: LIFO
Lower Cost of Goods
Sold Amount: FIFO
9.8 Suppliers often grant a discount if customers pay within a certain number
of days after the invoice date, in which case this source of funds has an
explicit interest cost. Suppliers who do not offer discounts for prompt
payment often include an implicit interest change in the selling price of the
product. Customers in this second category should delay payment as long
as possible because they are paying for the use of the funds. Firms should
not delay payment to such an extent that it hurts their credit rating and
raises their cost of financing.
9.9 The Parker School should accrue the salary in ten monthly installments of
$360,000 each at the end of each month, September through June. It will
have paid $300,000 at the end of each of these months, so that by the end of
the reporting year, it reports a current liability of $600,000 [= $3,600,000 –
(10 X $300,000)].
9.10 It is cheaper (and, therefore, more profitable) to repair a few sets than to
have such stringent quality control that the manufacturing process produces
zero defectives. An allowance is justified when firms expect to have
warranty costs. Manufacturers of TV sets for use on space ships or heart
pacemakers should strive for zero defects.

9-3 Solutions
9.11 Similarities: The accountant makes estimates of future events in both
cases. The accountant charges the cost of estimated uncollectibles or
warranties to income in the period of sale, not in the later period when
specific items become uncollectible or break down. The income statement
reports the charge against income as an expense in both cases, although
some accountants report the charge for estimated uncollectibles as a
revenue contra.
Differences: The balance sheet account showing the expected costs of
future uncollectibles reduces an asset account, whereas that for estimated
warranties appears as a liability.
9.12 A reversal implies that the previously accrued charge turned out to be too
high, in light of the new information (including realized expenditures).
Because the reversal lowers the amount of expense reported in the current
period, it increases income.
9.13 (Accounting for prepayments.) (amounts in millions of euros)
a. Journal entry to record insurance premium payments in 2012, 2011, and
2010:
Prepayments ............................................................ 50.0
Cash ..................................................................... 50.0
b. Adjusting journal entries required each year.
2011:
Insurance Expense ................................................... 66.3
Prepayments ........................................................ 66.3
To adjust Prepayments for the amount consumed
during 2011, of €66.3 million (= €42.1 + €50.0 –
€25.8).
2012:
Insurance Expense ................................................... 45.1
Prepayments ........................................................ 45.1
To adjust Prepayments for the amount consumed
during 2012, of €45.1 million (= €25.8 + €50.0 –
€30.7).

Solutions 9-4
9.14 (Liquid Crystal Display Corporation; accounting for prepayments.)
(amounts in millions of Korean won [KRW])
a. Adjusting journal entry to record portion of prepaid rent consumed
during each month, January–March:
Rent Expense ........................................................... 86,775
Prepaid Rent........................................................ 86,775
Rent expense is KRW86,774.6667 million (= KRW260,324 million/
3 months). To correct rounding errors, use 86,774 for every third month.
b. March 31, 2012: To record prepayment of rent for next 12 months.
Prepaid Rent............................................................ 1,382,436
Cash ..................................................................... 1,382,436
To record cash prepayments for 12 months of rent
of KRW1,382,436 (= 345,609 X 4 quarters) million.
The 2012 ending balance of Prepayments of
KRW345,609 million consists of 3 months of
prepaid rent. The total amount prepaid as of
March 31, 2012 is, therefore, KRW345,609 X €4
= KRW1,382,436.
c. Adjusting journal entry to record portion of prepaid rent consumed
during each month, April–December.
Rent Expense ........................................................... 115,203
Prepaid Rent........................................................ 115,203
Rent expense is KRW115,203 million
(= KRW1,382,436 million/12 months); alterna-
tively, note that the balance of Prepayments at
December 31, 2012 consists of 3 months of prepaid
rent (KRW115,203 = KRW345,609/3 months).
9.15 (Ringgold Winery; identifying inventory cost inclusions.) (amounts in US$)
Ringgold should include the costs to acquire the grapes, process them into
wine, and mature the wine, but not the expenditures on advertising or
research and development. Thus, the cost of the wine inventory (prior to its
sale) is $3,673,000 (= $2,200,000 + $50,000 + $145,000 + $100,000 +
$250,000 + $600,000 + $120,000 + $180,000 + $28,000).

9-5 Solutions
9.16 (Trembly Department Store; identifying inventory cost inclusions.)
(amounts in US$)
a. Purchase Price........................................................................ $ 300,000
b. Freight Cost ........................................................................... 13,800
c. Salary of Purchasing Manager.............................................. 3,000
d. Depreciation, Taxes, Insurance, and Utilities on Ware-
house .................................................................................. 27,300
e. Salary of Warehouse Manager.............................................. 2,200
f. Merchandise Returns ............................................................ (18,500)
g. Cash Discounts Taken........................................................... (4,900)
Acquisition Cost ................................................................ $ 322,900
The underlying principle is that inventories should include all costs required
to get the inventory ready for sale. The purchase of the inventory items
(items a., c., f., and g.) provides the physical goods to be sold, the freight cost
(item b.) puts the inventory items in the place most convenient for sale, and
the storage costs (items d. and e.) keep the inventory items until the time of
sale. Economists characterize these costs as providing form, place, and time
utility, or benefits. Although accounting theory suggests the inclusion of
each of these items in the valuation of inventory, some firms might exclude
items c., d., e., and g. on the basis of lack of materiality.
9.17 (ResellFast; effect of inventory valuation on the balance sheet and net
income.) (amounts in millions of US$)
Carrying Effect on
Value Income
Q1 ...................... $ 20.0 $ 0.0
Q2 ...................... 16.5 (3.5)
Q3 ...................... 16.5 0.0
Q4 ...................... 0.0 11.0
9.18 (Target Corporation; inventory and accounts payable journal entries.)
(amounts in millions of US$)
a. Beginning Balance in Merchandise Inventory + Purchases of Inventory =
Amount Sold (Cost of Goods Sold) + Ending Balance in Merchandise
Inventory.
$6,254 + Purchases = $41,895 + $6,780; solve for Purchases.
Purchases = $42,421.

Solutions 9-6
9.18 continued.
b. Merchandise Inventory............................................ 42,421
Accounts Payable................................................. 42,421
c. Beginning Balance in Accounts Payable + Purchases of Merchandise
Inventory = Payments to Vendors + Ending Balance in Accounts
Payable.
$6,575 + $42,421 = Payments to Vendors + $6,721.
Payments to Vendors = $42,275.
Accounts Payable..................................................... 42,275
Cash ..................................................................... 42,275
9.19 (Tesco Plc.; inventory and accounts payable journal entries.) (amounts in
millions of pounds sterling)
a. Trade Payables ........................................................ 43,558
Cash ..................................................................... 43,558
b. Beginning Balance in Trade Payables + Purchases of Merchandise
Inventory = Payments to Venders + Ending Balance in Trade Payables.
£3,317 + Purchases of Merchandise Inventory = £43,558 (from Part a.)
+ £3,936.
Purchases of Merchandise Inventory = £44,177.
Merchandise Inventory............................................ 44,177
Accounts Payable................................................. 44,177
c. Beginning Balance in Merchandise Inventory + Purchases of Inventory =
Amount Sold (Cost of Goods Sold) + Ending Balance in Merchandise
Inventory.
£1,911 + £44,177 (from Part b.) = Cost of Goods Sold + £2,420.
Cost of Goods Sold = £43,668.
Cost of Goods Sold ................................................... 43,668
Merchandise Inventory........................................ 43,668

9-7 Solutions
9.20 (Fun-in-the-Sun Tanning Lotion Company; income computation for a
manufacturing firm.) (amounts in US$)
Manufacturing Costs Incurred During the Year:
Raw Materials.............................................................................. $ 56,300
Direct Labor.................................................................................. 36,100
Manufacturing Overhead ............................................................. 26,800
Total Manufacturing Costs Incurred .................................... $ 119,200
Less Manufacturing Costs Assigned to Work-in-Process
Inventory ................................................................................ (12,700)
Cost of Units Completed During the Year................................... $ 106,500
Less Cost of Ending Inventory of Finished Goods ....................... (28,500)
Cost of Goods Sold........................................................................ $ 78,000
9.21 (GenMet; income computation for a manufacturing firm.) (amounts in
millions of US$)
Sales ............................................................................................. $ 6,700.2
Less Cost of Goods Sold ............................................................... (2,697.6)
Less Selling and Administrative Expenses ................................ (2,903.7)
Less Interest Expense .................................................................. (151.9)
Income Before Income Taxes ........................................................ $ 947.0
Income Tax Expense at 35%......................................................... (331.5)
Net Income.................................................................................... $ 615.5
Work-in-Process Inventory, October 31, 2012 ............................. $ 100.8
Plus Manufacturing Costs Incurred During Fiscal Year 2013.... 2,752.0
Less Work-in-Process Inventory, October 31, 2013..................... (119.1)
Cost of Goods Completed During Fiscal Year 2013.................... $ 2,733.7
Plus Finished Goods Inventory, October 31, 2012....................... 286.2
Less Finished Goods Inventory, October 31, 2013 ...................... (322.3)
Cost of Goods Sold........................................................................ $ 2,697.6
9.22 (Crystal Chemical Corporation; income computation for a manufacturing
firm.) (amounts in millions of euros)
Sales ............................................................................................. € 32,632
Less Cost of Goods Sold ............................................................... (28,177)
Less Marketing and Administrative Expenses .......................... (2,436)
Less Interest Expense .................................................................. (828)
Income Before Income Taxes ........................................................ € 1,191
Income Tax Expense at 35%......................................................... (417)
Net Income.................................................................................... € 774

Solutions 9-8
9.22 continued.
Work-in-Process Inventory, December 31, 2012.......................... € 843
Plus Manufacturing Costs Incurred During 2013 ....................... 28,044
Less Work-in-Process Inventory, December 31, 2013 ................. (837)
Cost of Goods Completed During 2013........................................ € 28,050
Plus Finished Goods Inventory, December 31, 2012 ................... 2,523
Less Finished Goods Inventory, December 31, 2013................... (2,396)
Cost of Goods Sold........................................................................ € 28,177
9.23 (Warren Company; effect of inventory errors.)
a. NO/None. f. US/Understatement by $1,000.
b. NO/None. g. US/Understatement by $1,000.
c. US/Understatement by $1,000. h. NO/None.
d. OS/Overstatement by $1,000. i. NO/None.
e. OS/Overstatement by $1,000.
9.24 (Cemex S.A.; lower of cost or market for inventory.) (amounts in millions of
Mexican pesos)
a. $20,187 million (= $19,631 + $556).
b. Journal entry to record impairment charge for inventory at the end of the
year:
Impairment Loss on Inventory ................................ 131
Allowance for Impairment................................... 131
9.25 (Ericsson; lower of cost or market for inventory.) (amounts in millions of
Swedish kronor [SEK])
a. SEK22,475 million (= SEK25,227 – SEK2,752).
b. Journal entry to record impairment charge for inventory during the year:
Impairment Loss on Inventory ................................ 1,276
Allowance for Impairment................................... 1,276
The carrying value of the inventory is now
SEK2,224 (= SEK3,500 – SEK1,276).

9-9 Solutions
9.25 continued.
c. January: Journal entry to record a reversal of a portion of the
impairment charge for inventory taken in the preceding year:
Allowance for Impairment....................................... 576
Reversal of Impairment Loss on Inventory......... 576
To reverse a portion of the impairment loss;
SEK576 = SEK2,800 – SEK2,224.
d. U.S. GAAP would not permit Ericsson to reverse a previous impairment
of inventory.
9.26 (Sun Health Foods; computations involving different cost-flow
assumptions.) (amounts in US$)
a. b. c.
Weighted
Units FIFO Average LIFO
Goods Available for Sale........... 2,500 $10,439 $10,439 $ 10,439
Less Ending Inventory............... (420) (1,722)a (1,754)c (1,806)e
Goods Sold ................................. 2,080 $ 8,717b $ 8,685d $ 8,633f
a(420 X $4.10) = $1,722.
b(460 X $4.30) + (670 X $4.20) + (500 X $4.16) + (450 X $4.10) = $8,717.
c($10,439/2,500) X 420 = $1,754.
d($10,439/2,500) X 2,080 = $8,685.
e(420 X $4.30) = $1,806.
f(870 X $4.10) + (500 X $4.16) + (670 X $4.20) + (40 X $4.30) = $8,633.

Solutions 9-10
9.27 (Arnold Company; computations involving different cost-flow assumptions.)
(amounts in US$)
a. b. c.
Weighted
Pounds FIFO Average LIFO
Raw Materials Available for
Use........................................ 10,700 $24,384 $24,384 $ 24,384
Less Ending Inventory............... (3,500) (8,110)a (7,976)c (7,818)e
Raw Materials Issued to
Production ............................ 7,200 $16,274b $16,408d $ 16,566f
a(3,000 X $2.32) + (500 X $2.30) = $8,110.
b(1,200 X $2.20) + (2,200 X $2.25) + (2,800 X $2.28) + (1,000 X $2.30) =
$16,274.
c($24,384/10,700) X 3,500 = $7,976.
d($24,384/10,700) X 7,200 = $16,408.
e(1,200 X $2.20) + (2,200 X $2.25) + (100 X $2.28) = $7,818.
f(3,000 X $2.32) + (1,500 X $2.30) + (2,700 X $2.28) = $16,566.
9.28 (Harmon Corporation; effect of LIFO on financial statements over several
periods.) (amounts in US$)
a. Year Ending Inventory
2011 19,000 X $20............................................... $ 380,000
2012 10,000 X $20............................................... $ 200,000
2013 (10,000 X $20) + (10,000 X $30) ................. $ 500,000
b. Year Cost of Goods Sold
2011 64,000 X $20............................................ $ 1,280,000
2012 (92,000 X $25) + (9,000 X $20) ................ $ 2,480,000
2013 110,000 X $30.......................................... $ 3,300,000

9-11 Solutions
9.28 b. continued.
Year Income
2011 $2,048,000 – $1,280,000 ........................ $ 768,000
2012 $4,040,000 – $2,480,000 ........................ $ 1,560,000
2013 $5,280,000 – $3,300,000 ........................ $ 1,980,000
9.29 (EKG Company; LIFO provides opportunity for income manipulation.)
(amounts in US$)
a. Largest cost of goods sold results from producing 70,000 (or more)
additional units at a cost of $22 each, giving cost of goods sold of
$1,540,000.
b. Smallest cost of goods sold results from producing no additional units,
giving cost of goods sold of $980,000 [= ($8 X 10,000) + ($15 X 60,000)].
c. Income Reported
Minimum Maximum
Revenues ($30 X 70,000).............................. $2,100,000 $2,100,000
Less Cost of Goods Sold .............................. (1,540,000) (980,000)
Gross Margin ............................................... $ 560,000 $1,120,000
9.30 (Cat Incorporated; conversion from LIFO to FIFO.) (amounts in millions of
US$)
LIFO Difference FIFO
Beginning Inventory..................... $ 6,351 $ 2,403 $ 8,754
Production Costs (Plug)............... 33,479 — 33,479
Goods Available for Sale (Plug) .. $ 39,830 $ 2,403 $ 42,233
Less Ending Inventory................. (7,204) (2,617) (9,821)
Cost of Goods Sold....................... $ 32,626 $ (214) $ 32,412
9.31 (Falcon Motor Company; analysis of LIFO and FIFO disclosures.) (amounts
in millions of US$)
a. Falcon Motor Company uses LIFO, so the carrying value of its
inventories would be $10,121 million as of December 31, 2013, and
$10,017 as of December 31, 2012.

Solutions 9-12
9.31 continued.
b. LIFO Difference FIFO
Beginning Inventory.............. $ 10,017 $ 1,015 $ 11,032
Production Costs (Plug)........ 142,691 — 142,691
Goods Available for Sale
(Plug)................................. $ 152,708 $ 1,015 $ 153,723
Less Ending Inventory .......... (10,121) (1,100) (11,221)
Cost of Goods Sold ................ $ 142,587 $ (85) $ 142,502
9.32 (McGee Associates; journal entries for payroll.) (amounts in US$)
a. Wage and Salary Expense ....................................... 700,000
Withholding and FICA Taxes Payable ............... 210,000
Wages and Salaries Payable............................... 490,000
Amounts payable to and for employees.
Wage and Salary Expense ....................................... 114,800
Taxes Payable...................................................... 70,000
Payable to Profit Sharing Fund .......................... 28,000
Vacation Liability ............................................... 16,800
Employer’s additional wage expense; estimated
vacation liability is $16,800 (= 1.20 X $14,000).
b. $814,800 = $700,000 + $114,800.
9.33 (Hurley Corporation; accounting for uncollectible accounts and warranties.)
(amounts in US$)
a. Allowance for Uncollectible Accounts
Balance, December 31, 2011............................................... $ 355
Plus Bad Debt Expense for 2012: 0.02 X $18,000 ............. 360
Less Accounts Written Off (Plug)....................................... (310)
Plus Bad Debt Expense for 2013: 0.02 X $16,000 ............. 320
Less Accounts Written Off (Plug)....................................... (480)

9-13 Solutions
9.33 continued.
b. Estimated Warranty Liability
Balance, December 31, 2011............................................... $ 1,325
Plus Warranty Expense for 2012: 0.06 X $18,000............. 1,080
Less Actual Warranty Costs (Plug).................................... (870)
Plus Warranty Expense for 2013: 0.06 X $16,000............. 960
Less Actual Warranty Costs (Plug).................................... (775)
9.34 (Miele Company; journal entries for warranty liabilities and subsequent
expenditures.) (amounts in euros)
a. Last Year
Accounts Receivable ................................................ 1,200,000
Sales Revenue...................................................... 1,200,000
Warranty Liability .................................................. 12,000
Cash ..................................................................... 12,000
Expenditures actually made.
Warranty Expense ................................................... 48,000
Warranty Liability .............................................. 48,000
0.04 X €1,200,000.
Current Year
Accounts Receivable ................................................ 1,500,000
Sales Revenue...................................................... 1,500,000
Cash ..................................................................... 50,000
Expenditures actually made.
0.04 X €1,500,000.
b. €76,000 = €30,000 + €48,000 – €12,000 + €60,000 – €50,000.

Solutions 9-14
9.35 (Kingspeed Bikes; journal entries for warranty liabilities and subsequent
expenditures.) (amounts in US$)
a. 2011
Cash ......................................................................... 800,000
Sales Revenue...................................................... 800,000
Cash ..................................................................... 13,200
Parts Inventory .................................................... 8,800
0.06 X $800,000 = $48,000.
2012
Cash ......................................................................... 1,200,000
Sales Revenue...................................................... 1,200,000
Cash ..................................................................... 33,000
Parts Inventory .................................................... 22,000
0.06 X $1,200,000 = $72,000.
2013
Cash ......................................................................... 900,000
Sales Revenue...................................................... 900,000
Cash ..................................................................... 31,200
Parts Inventory .................................................... 20,800
0.06 X $900,000 = $54,000.
b. $48,000 – $22,000 + $72,000 – $55,000 + $54,000 – $52,000 = $45,000.

9-15 Solutions
9.36 (Sappi Paper Limited; journal entries for restructuring liabilities and
subsequent expenditures.) (amounts in millions of South African rand
[ZAR])
Restructuring Provision ................................................. 32
Cash............................................................................ 32
To record cash expenditures on previously accrued re-
structuring costs.
Restructuring Expense ................................................... 7
Restructuring Provision ............................................. 7
During the year, Sappi recognized restructuring
charges of ZAR7 million [= ZAR41 – (ZAR32 +
ZAR16)].
9.37 (Delchamps Group; journal entries for restructuring liabilities and
subsequent expenditures.) (amounts in millions of euros)
a. Journal entries for 2012
Restructuring Expense ............................................ 14.2
Restructuring Provision....................................... 14.2
To record new restructuring charges made during
2012.
Restructuring Provision........................................... 7.3
Restructuring Expense ........................................ 7.3
To record the reversal of prior period restructuring
charges.
Restructuring Provision........................................... 40.0
Cash ..................................................................... 40.0
To record cash expenditures to settle restructuring
Provisions; 40.0 = [(84.0 + 14.2) – (7.3 + 50.9)].
b. Delchamps will report a total restructuring provision of €50.9,
classified as follows on its balance sheet:
Current Portion of Restructuring Provision.................... € 12.5 million
Noncurrent Portion of Restructuring Provision.............. € 38.4 million

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weltering waters; so ghostly, wild, and unreal, too, the character it
gathered from the presence of that silent, stirless penman.
‘I say, we’ve seen enough of him, I think,’ exclaimed Colledge.
‘Shall we bury him?’ said I.
‘Oh no, sir,’ exclaimed the lieutenant; ‘this sheer hulk is his coffin.
Leave the dead to bury their dead. Now for a glimpse of the cabin.’
Miss Temple entered with some reluctance; the lieutenant handed
her through the hatch down the short ladder, and Colledge and I
followed. We found ourselves in a moderately-sized state-room of
the width of the little vessel, with bulkheads at either end, each
containing a couple of cabins. There was a small skylight overhead,
all the glass of it shattered, but light enough fell through to enable
us to see easily. Colledge had plucked up heart, and now bustled
about somewhat manfully, opening the cabin doors, starting as if he
saw horrible sights, cracking jokes as in the boat, and calling to Miss
Temple to look here and look there, and so on.
‘Hallo!’ cried the lieutenant, putting his head into one of the cabins
at the fore-end of the state-room; ‘I missed this room when I
overhauled her. What have we here? A pantry is it, or a larder?’
I looked over his shoulder, and by the faint light sifting through the
bull’s-eye in the deck, made out the contents of what was apparently
a storeroom. There were several shelves containing crockery,
cheeses, hams, and other articles of food. Under the lower shelf,
heaped upon the deck, were stowed several dozens of bottles in
straw.
‘The corsairs,’ said the lieutenant, ‘will always be memorable for the
excellence of their tipple. What is this, now?’
He picked up a bottle, knocked off the head, and taking a little tin
drinking-vessel from a shelf, half filled it, then smelled, and tasted.
‘An exquisite Burgundy,’ he cried. ‘Try it, Mr. Dugdale.’

It was indeed a very choice sound wine. The lieutenant half filled a
pannikin for Colledge, who emptied it with a sigh of enjoyment.
‘What would my father give for such stuff as this!’ said he.
The lieutenant found a wine-glass, which he carefully cleansed with
the liquor, and then filling it, he asked Miss Temple to drink to the
confusion of all pirates. She laughed, and declined.
‘Oh, you must sip it, if you please,’ cried Colledge, ‘if only to
heighten the romance of this adventure. Think of the additional
colour your story will get out of this incident of drinking perdition to
the corsairs in wine of their own!’
She was about to answer, when the hull rolled heavily. The
lieutenant slipped; the wine-glass fell to the deck, and was shivered;
Colledge, grasping me to steady himself, threw me off my balance,
and the pair of us went rolling to the bottles. The young fellow
scrambled on to his legs with a loud laugh.
‘I believe this vessel is tipsy,’ said he.
‘Do you mark the increase in the weight of the swell?’ I exclaimed as
I regained my legs.
The roll of the vessel the other way had been severe, and now she
was dipping her sides regularly with an oscillation extravagant
enough to render standing very inconvenient.
‘We must be off, I think,’ said the lieutenant.
‘Miss Temple hasn’t drunk confusion to the pirates,’ exclaimed
Colledge with the persistency of brains flushed with wine.
‘I would rather not do so,’ she answered, her fine face looking
curiously pale in that dull light, whilst she glanced restlessly towards
the state cabin. She pulled out a little watch. ‘It is certainly time to
return to the Indiaman,’ she added.
‘Oh, but don’t let us leave all this noble drink to go down to the
bottom of the sea,’ cried Colledge. ‘Is there nothing that we can pack
some of the bottles in? If we could only manage to get away with a

couple of dozen—twelve for ourselves and twelve for my cousin?’—
and with red face and bright eyes he went staggering with the heave
of the hull to the shelves and stood holding on, looking about him.
‘It might be managed, I think,’ said the lieutenant, who seemed all
anxiety to oblige him.
‘I wish to be gone,’ exclaimed Miss Temple with a strong hint of the
imperiousness that had been familiar to me in the Indiaman in the
air with which she looked at and addressed the lieutenant. ‘What is
the meaning of this increased rolling? I shall not be able to enter the
boat.’
‘No fear of that, madam,’ answered the lieutenant; ‘a dismasted egg-
shell like this will roll to the weakest heave. A trifle more swell has
certainly set in, but it is nothing.’
I was not so sure of that. What he was pleased to describe as a
trifling increase was to my mind, and very distinctly too, a
heightening and broadening of the undulations, of which the
significance was rendered strong by the suddenness of the thing. It
meant wind close at hand, I could swear.
‘I’ll go on deck and see how things are,’ said I.
‘Take me with you, Mr. Dugdale,’ exclaimed Miss Temple.
‘You will suffer me to assist you?’ said the lieutenant.
‘Oh, I say, don’t leave all this wine here,’ cried Colledge. ‘Mr.—I mean
Lieutenant—upon my word, I must apologise for not having asked
your name—can’t we manage to find some old basket’——
‘What is that down in the corner there, Mr. Colledge?’ said the
lieutenant, laughing.
‘Pray, take me on deck, Mr. Dugdale?’ exclaimed Miss Temple
haughtily and with temper, and she came to my side and passed her
arm through mine.
The swaying of the light hull without top-hamper to steady her so
hindered one’s movements by the staggering lurches it flung one

into, that it cost me no small effort to steer a fair course with Miss
Temple hanging to me, to the cabin steps. I helped her up the
ladder, and felt in her arm the shudder that swept through her as
she sent a single swift glance at the dead figure at the table.
The moment I emerged I cried out: ‘My God! see there! Why, if we
are not quick’—— And putting my head into the doorway again, I
roared down the hatch: ‘For heaven’s sake, come on deck, or we
shall lose both ships!’
Indeed, all away in the north-west was a white blankness of vapour
bearing right down upon the hull, with a long and heavy swell rolling
out of it, the heads of which as they came washing from under the
base of the thickness were dark with wind. The sky overhead was of
a sort of watery ashen colour, going down to the eastern sea-line in
a weak, dim blue, so obscure with the complexion of the
approaching vaporous mass that the corvette on the left hand and
the Indiaman on the right appeared as little more than pallid
smudges, with a kind of looming out of their dull, distorted
proportions that made them show as though they hung upon the
very verge of the ocean. I told Miss Temple to hold to the side of the
deck-house to steady herself, and rushed to the quarter. The cutter
lay there to the scope of her painter, rising and falling in a manner
bewildering to see to one who knew that she had to be entered from
these perilously sloping decks. The moment my head was seen, one
of the sailors bawled out: ‘The Indiaman’s fired two guns, sir.’
‘Why the deuce,’ I shouted in a passion, ‘didn’t one of you jump
aboard to report what was coming? Haul alongside, for God’s sake.’
At this moment the lieutenant appeared, followed by Colledge. He
took one look, and came in a bound to the sheer edge of the deck,
where the remains of the line of crushed bulwarks stood like fangs.
‘Lively now!’ he cried; ‘hand over hand with it.’
‘We shall be smothered out of sight in a few minutes,’ I exclaimed;
‘shall we be acting wisely in quitting this hull? We may lose both
ships in that weather there, and what will there be to do then?’

‘Don’t frighten the lady, sir,’ he answered, turning upon me with a
frown. ‘Miss Temple, there is nothing to be alarmed at. We shall get
you into the boat simply enough, and the vapour will speedily clear. I
know these waters.’
Colledge stood gazing round him, looking horribly frightened. The
boat was dragged alongside: one moment she was above the level
of the naked edge of the deck; the next she was sliding away out of
sight into the hollow, with the wreck rolling heavily off from her.
‘Now, Miss Temple,’ cried the lieutenant. ‘Help me to steady the lady,
Mr. Dugdale. Stand by, two of you men there, to receive her.’
Miss Temple set her lips, and her eyes were on fire with anger and
fear. ‘I shall not be able to enter that boat,’ said she.
‘Oh, madam, be persuaded,’ cried the lieutenant, speaking irritably
out of his clear perception of the danger of delay and of the peril of
passing her into the cutter. ‘Mr. Dugdale, take Miss Temple’s arm.’
She shrank back, with a firmer grip of the deck-house, against which
she had set her shoulder to steady herself. ‘You will kill me!’ she
cried.
‘Mr. Dugdale,’ exclaimed the lieutenant wildly, ‘for God’s sake, jump
into the boat, that Miss Temple may see how easily it is to be done. I
must be the last to leave.’
‘Let Mr. Colledge jump first,’ said I. ‘I may probably be more useful
to you and the lady than he.’
‘Jump, Mr. Colledge!’ cried the lieutenant.
The young fellow went to the edge of the deck. ‘I shall break my
neck,’ he shouted; ‘I shall fall into the sea; I shall be drowned.’
‘No, sir! no, sir!’ roared one of the seamen; ‘jump as the boat lifts;
we’ll catch you.’
‘Now!’ cried the lieutenant.

Colledge sprang; down sank the boat out of sight; then up she
soared again with Colledge safe in the embrace of one of the most
powerful of the sailors.
‘Here it comes!’ said I.
As the words left my lips, the wind, with a long fierce howl, swept
over the deck of the hull, and a moment later the fog was boiling all
about us. It was like a mighty burst of steam; and in a breath the
ocean vanished, and there was nothing to see but the wool-white
blankness and a space of thirty or forty feet of water beyond the
wreck. All on a sudden, the lieutenant, who had gone to the edge of
the deck, perhaps to see how it was with Colledge, or to bawl some
further directions to the seamen, staggered to a deep and swinging
heel of the hull and went overboard. It happened in a second. My
instant impression was that he had jumped for the boat; but I knew
better when I heard the men roaring out.
‘For heaven’s sake, Miss Temple,’ I cried, ‘keep a firm hold, and do
not attempt to stir, or the angle of the decks will certainly rush you
over the side.’
So saying, I staggered to the quarter where there were some eight
or ten feet of bulwarks still standing, and looked over. The men had
let go the painter of their boat, and were shouting instructions to
one another as some of them flung their oars over into the rowlocks,
whilst others overhung the gunwale eagerly with pale faces and
looks of consternation and dread, searching the round volumes of
the swell, which the wind was now whipping into yeast, for any signs
of their officer.
‘Keep alongside!’ I bellowed; ‘he will rise near.’
But the fellows were distracted, unnerved, and there was nobody to
give them orders. The howling of the wind, the sudden leaping down
upon them of this blindness of white vapour, the violent upheavals
and sinkings of the cutter upon the run of the liquid hills, heavily
increased the distraction raised in them by their lieutenant’s
disappearance. They had three oars out, possessed, I suppose, by

some mad fancy of merely paddling whilst they stared round the
water; and even whilst I watched them, and whilst I yelled to them
to get their six oars over, and to pull for their lives to alongside the
wreck, the boat, yielding to the full weight of the blast and to the
long irresistible heavings of the swell, faded out of sight in the flying
thickness; and ere I could fully realise what had occurred, the
narrow space of foam-freckled pouring waters showed blank to
where the flying vapour seemed to hang like a wall of white smoke.
I continued to stare, occasionally bringing my eyes away from the
spot where the boat had vanished to the water alongside; but the
lieutenant had sunk. There could be no doubt that the poor fellow
on rising from his first dive had struck the bends of the hull as she
rolled heavily over to the trough where he had vanished, and so had
been drowned, struck down again into the depths, to rise no more. I
could not realise the truth. I felt as if I had fallen crazy, and was
imagining dreadful horrors. It was but a minute or two before that
he had turned to me with a frown—it was but a little while before
that he was full of jokes and laughter in the cabin—and now he lay a
dead man, sinking and yet sinking under our heaving and plunging
keel, dead as the figure yonder in that little cabin, of whom he had
spoken jestingly so lately that the words and tone of his voice were
still in my ear!
‘Where is the boat, Mr. Dugdale?’
I turned slowly round and looked at the girl with an air of
stupefaction, then stared again into the blankness, and with
shuddering heart swept my eyes over the water alongside, brimming
in humpbacked rounds to the very line of the deck, and sweeping
away into the near thickness with a spitting and seething and
flashing of foam off each long slant to the fierce shrill smiting of the
wind.
‘Has the boat left us, Mr. Dugdale?’
With a desperate effort I rallied myself, and watching for my chances
betwixt the wild slopings of the deck, I reached the deck-house, and

held on by the girl’s side.
‘The boat has been blown away. The men fell imbecile, I do believe,
when they saw their officer drop overboard. What madmen to let go
the painter, to manœuvre with three oars in a heavy cutter in the
teeth of such a wind as this, and on the top of that swell!’
‘Did they recover the lieutenant?’ she asked.
‘No.’
‘Oh, Mr. Dugdale,’ she shrieked, ‘do you tell me he is drowned?’
‘Yes—yes—he is drowned,’ I answered, scarce able to articulate for
the sudden fit of horror that came upon me again.
‘Drowned!’ she exclaimed. ‘Oh no—not so suddenly! He may be
struggling close against the vessel now’—she moved as if to go to
the side to look. I grasped her arm.
‘Do not stir,’ I cried; ‘the slope of the deck will carry you overboard.
It is all open to the water abreast of us.’
‘Shocking! It is unendurable! Drowned so swiftly! And the boat—the
boat, Mr. Dugdale?’
The cruel distress in her voice, the anguish of mind expressed in her
parted lips, her heaving breast, her strained, brilliant, wide-open
staring looks about her, obliged me to recollect myself by forcing me
to understand my obligations as a man.
‘Miss Temple, this fog may prove but a passing thickness. There is a
clear sky over it, and when the vapour settles away, the sea will
open to its confines. The Indiaman knows we are here. We were
watched, too, from the corvette, no doubt, and she must regain her
boat besides. The cutter is a powerful little fabric, and there is
nothing as yet in this weather or in that sea to hurt her. It is a hard
experience for you; but it will prove a brief one only, I am sure. Let
me assist you to a seat in this deck-house. Your having to hold on
here is fatiguing and dangerous.’

‘I could not enter whilst that man is there,’ she exclaimed. ‘Oh, hark
to that bell!’ she cried hysterically; ‘it is tolling for us now!’
‘You must be sheltered,’ I exclaimed; ‘and that body must come out
of it. Will you sit on the deck? You will be safer so.’
She sank down; and to still further secure her, I went sliding and
clawing like a monkey to the quarter, where, with my knife, I
severed an end of rope—a piece of gear belayed to a pin—with
which I returned to her side. I passed the line round her waist, and
firmly attached the ends to one of several iron uprights which
supported the structure; and begging her to compose her mind, and
not to doubt of our deliverance within the next two or three hours, I
entered the little building.
It was a loathsome job; but the girl must be sheltered, and it was
not to be borne that she should have such a companion as that
corpse, when there was the great graveyard of the sea within an
easy drag to receive the body. Yet I must own to coming to a stand
with a long look at the silent figure before I could muster up
stomach enough to lay hands upon him. Indeed, as I now fixed my
eyes on the body, I wondered whether he could be really dead, so
startlingly lifelike was his posture, so pensive his air, so vital the
aspect of him to the minutest feature, down to the pen betwixt his
fingers, and the reposeful position of his small wax-white hand upon
the table. How could I tell but that he might be in some sort of
trance, and that my heaving him overboard would be the same as
murdering him? However, after a spell of staring, I shook off these
alarms and conjectures, and grasping him by the arm, got him upon
the deck; and presently I had him abreast of that part of the brig’s
side where the bulwarks were gone; and trembling as violently as
though I were about to drown a living being, I waited for a roll of
the hull, then gave the body a heave, and away it went, striking the
swell in a diving attitude, and floating off and down into it, as if it
swam.
This done, I crept back to Miss Temple and squatted beside her.

Financial Accounting An Introduction to Concepts Methods and Uses 14th Edition Weil Solutions Manual

CHAPTER XIX
NIGHT
The wind blew hard, and the vapour swept past in a horizontal
pouring, masses of it coming on a sudden in a blinding thickness till
you could not see half the wreck’s length; then the silver-tinted
volumes would brighten for a breath or two, and show the steel-
coloured sea heaving its freckled and foamless folds into the
vaporous faintness a few hundred feet off; then the mist would boil
down and over us once more until it was like being in a room filled
with steam.
‘The cabin is empty,’ said I—the girl being on the port side, I had
taken care to drag the body to starboard—‘there are seats, and you
will be sheltered there. This is damping stuff.’
‘Not yet,’ she answered. ‘I am as safe here. I hate the thought of
having anything to screen the sea from me. I want to look—at any
moment the Indiaman or the man-of-war may come close to us.’
‘Be it so,’ said I. ‘Heavens, how rapidly has all this happened! One of
the cutter’s men shouted to me that the Indiaman had fired two
guns. Why did they not report this to us? Did they believe the swell
would not let them get aboard? They saw—of course they saw—this
fog bearing down; why did not the madmen let us know of it?’
‘What will my aunt think?’
‘Why, she will be in a terrible fright. But it will not last. We shall be
picked up presently. I would rather be here than in the cutter. If they
are wise, they will ride to their oars; if they row or allow the wind
and seas to drive them, they are bound to lose both ships, the night
being at hand; and then God help them!’

‘Oh, it was an evil moment,’ she cried, ‘when we sighted the
corvette!’
‘It was an evil moment,’ I exclaimed bitterly and wrathfully, ‘when
Mr. Colledge, who had undoubtedly taken too much wine on board
the Magicienne, suggested that we should kill an hour on this hull.
Where,’ I cried passionately, ‘could the unhappy lieutenant’s wits
have been? He laughed at me for indicating the appearance I
witnessed in the north-west. Was there nothing in the weight of this
swell to convince him that there must be mischief not far off?’
‘What will my aunt think?’ she repeated, as though she scarcely
heeded my words, whilst she brought her hands, brilliant with rings,
together and stared into the thickness with her eyes on fire with fear
and amazement and the score of wild emotions which filled her.
Though I held my peace on the subject, the wind, that was blowing
with the spite of an ugly squall, was exciting an alarm in me that
rose above all other considerations of our situation. The hatches lay
open and there was nothing to be seen of their covers about the
decks. If this weather continued, a high sea must presently follow, in
which case there could be nothing to save the wreck from filling and
foundering. The lieutenant had assured us that she was dry; but it
was certain that she had been badly wrenched by the lightning
stroke that had dismasted and apparently set her on fire forward,
and by the furious gale that had chased her afterwards; and though
she may have been tight when the lieutenant overhauled her, this
constant working in the strong swell might at any instant cause her
to start a butt or open a seam, and then what should I be able to
do? Both pumps were smashed level to the deck; there was no boat;
there was nothing discoverable fore and aft which I could launch and
secure my companion and myself to. It was with inexpressible
anxiety, therefore, that I would send my gaze from time to time to
windward, in the hope of observing a thinning in the thickness there,
or any the faintest imaginable sign to elate me with the belief that
the worst of the fog was on us, that we were now feeling the worst
of the wind, and that the ocean would be clearing soon.

The time passed. I looked at my watch after we had been sitting a
little, and found it six o’clock. The sun would be setting in something
more than an hour, and a bitter black night was bound to follow if
the vapour had not cleared when daylight ended. There was now a
smart sea running, but the swell had flattened something, I thought.
The hull was horribly frisky, leaning at desperate angles from side to
side, and often recovering herself with a jerk that must have flung
us to the deck had we not been seated. But she was extraordinarily
light, and floated very tall, and though there would sometimes come
a blow of salt water against the bow that flashed across the deck in
a mass of foam and green crystals, yet she soared so nimbly to the
height of every surge that she took in amazingly little water. Indeed,
it was not long before I felt myself infinitely comforted by her
behaviour, convinced that it would have to breeze up with much
more spite than the wind now had to put us in jeopardy from a
filling hold.
Shortly before the hour of sundown, I induced Miss Temple to
occupy the deck-house. She entered with a great deal of reluctance,
and seated herself in a corner that was the furthest away from
where the body had been. It had not been very easy to converse
outside. The ceaseless roaring and washing noises of the water, with
the alarming thumps and leapings of froth at the bow, and the
sounds of the rushing wind sweeping in gusty cries over the
mutilated rails of the hull as she was hove up full into it, and then
sinking into a sort of humming moaning as the wreck drove down
the liquid acclivity into the swift comparative stillness of the trough:
all this was distracting and terrifying, and speech had been difficult.
But the interior of the deck-house was a shelter to the ear and voice.
I seated myself opposite the girl, giving her as wide, respectful a
berth as the narrow cabin permitted. The shadow of the evening lay
already sullen in the white mist that seemed to boil upon the wind,
though at that hour it was not so thick but that the gaze might be
able to penetrate a distance of a quarter of a mile. Miss Temple was
deadly pale. Even her lips had lost their delicate rosy tint, and sat
blanched in their compression. Her eyes looked preternaturally large,

and there was an expression of passionate desperation in them, as
one might figure of some proud, high-spirited creature driven at bay,
and rounding upon the pursuer with a gaze charged with despair
and wrath and the misery of some heart-breaking resolution.
‘I believe I shall go mad,’ she said, ‘if this fog does not cease. I feel
as though I were now insane, and that what we are suffering is the
imagination of madness.’
‘It is a frightful time of suspense,’ I answered; ‘we must have
patience: there is no other medicine for this sort of affliction.’
‘I could stab myself,’ she cried, ‘for being in this position. There is
the Indiaman close at hand; I see her saloon cheerful with lamplight,
the tables glittering, the passengers seated, talking and laughing,
without a thought of us by this time.’ I shook my head. She
continued: ‘I think of the security, the comfort of that ship, which I
never once reflected on when in her. And now contrast this!’
She rolled her wonderful eyes over the narrow compartment in a
shuddering way that was eloquent with abhorrence.
‘Why am I here? It is my own fault. I could stab myself for my folly.’
It made one think of some beautiful wild creature newly caged to
watch her.
‘It is bad enough,’ said I; ‘but it might be much worse. Think of
yourself in that open boat—on this high sea, and amidst this blinding
vapour: no water, no food, the blackness of the night coming down,
and a thousand leagues of ocean all around you.’
‘Is not the cutter safer than this horrible wreck?’ she cried. ‘If the
morning exposes the ships to the people in her, they can row; but
what can we do?’
‘If the morning exposes the ships,’ said I, ‘they’ll see us, and very
joyfully attempt to fetch us—that is to sail to us.’
She turned to look through a window the glass of which was gone,
and through which the wind was shrilling as though it blew into a

cylinder. It was fast darkening. In these latitudes twilight is brief, and
in such weather as this there would be none. It was little more now
than sombre blank greyness outside, with a sight of the steel-
coloured swell, over whose humps the seas were rushing in foam,
shouldering and vanishing into the thickness. But there was no
increase in the wind, and the run of the surge did not gain in weight.
I watched the girl while she looked through the window. It is not in
language to convey the tragic irony that was put into our situation
by her sparkling holiday attire. Her dress was of some white
material, of a silken or lustrous nature, that most perfectly fitted the
beauties of her person. Her hat was some rich combination of richly
plumed straw. She had removed her gloves on descending into the
cabin of the hull when we boarded her, and many rings of splendour
and value flashed on her fingers in a very armour of jewels and gold.
There were gems in her ears, and a heavy chain of gold round her
neck, terminating in a whole cluster of trinkets at her girdle, in which
was sheathed a watch of the size of her thumb-nail. Think of this
glittering figure, this stately, most perfect shape of womanhood in
the gloom of the strong, rude interior of the deck-house, with its few
rough details of fittings in the shape of a table and lockers, nothing
to see through the window but the rough deck spreading naked to
its splinters of bulwark, with the angry foam of waters beyond, and a
near sky of fast blackening vapour!
‘What are we to do?’ she exclaimed, resuming her former attitude
and fixing her large desperate eyes upon me.
‘We must wait,’ said I.
‘You have been a sailor, Mr. Dugdale; tell me what you think?’
‘Well, first of all, we must be prepared to spend the night on this
wreck’—— She flashed her hands to her face and held them there,
and I waited for her to look at me again. ‘This weather,’ I proceeded,
‘is not likely to last very long. The dawn will probably exhibit a clear
sky. If the ships are not in sight’—she drew in her breath with an
hysterical ‘Oh’—‘they will still have the bearings of the wreck, and

search for us. Were there but a single vessel to hunt after the hull,
we might still feel perfectly safe; but there are two, and one of them
is an English man-of-war.’
‘But will Sir Edward Panton know that we are here?’
‘No doubt. He or others will have seen the cutter deviate for the
wreck instead of pulling for the Indiaman.’
‘But they may think we are in the boat; and if she is not recovered,
they will search for her, and not trouble themselves about the wreck.’
‘We must be hopeful, and we must be patient,’ said I.
It was now rapidly growing dark. The white waters showed ghastly
over the edge of the bare deck to each convulsive jerking roll of the
hull, and my companion’s white face was little more than a glimmer
in the gloom of the corner in which she sat. The thought of the long
black hours which lay before us was intolerable. I looked about me
for a lamp, but there was nothing of the kind, nor hook nor bracket
to prove that a lamp or lantern was ever used in this small abode. I
told Miss Temple that I would go below and search for something
wherewith to make a light.
‘Will you be long?’ she asked.
‘I’ll make haste,’ said I.
‘Yes, if you please, Mr. Dugdale,’ she exclaimed.
I had in my pocket the old-fashioned arrangement of tinder-box and
sulphur matches, being, indeed, too confirmed a smoker to stir very
far without that convenience. The mere descent of the steps was a
horrible labour, owing to the extravagant leaps and rolls of the mere
shell of wreck, and my progress was scarcely more than inch by
inch, forced to hold on as I was with the tenacity of the grip of a
parrot’s beak. The straining noises in the cabin might have easily led
me to suppose that the hull was going to pieces. Every blow of the
sea trembled through her down here as though the fabric forward
were breaking up, and I recollect swinging by a stanchion for some
minute or two, overwhelmed with the consternation excited in me by

the sounds, and by a sudden recollection of the lieutenant’s words
that the brig in her forecastle had been burnt out. But I had
promised Miss Temple to be speedy; and the thought of her sitting
lonely above in terror and despair brought my mind back to its
bearings.
It was almost pitch-dark, but remembering the situation of the
pantry in which the lieutenant had cracked the bottle of wine, I
dropped on my hands and knees, not daring to trust my feet, and
crawled towards it. When I guessed by groping that I was near the
door, I kindled a match and entered the pantry; and after consuming
about half-a-dozen matches, I met with a tin box that was full of
long wax candles, which looked to me very much like a sample of
booty, as it was scarcely to be supposed that a vessel of the class of
the Aspirante would lay in stores of that quality. I hunted for a
candlestick, and found a small empty pickle bottle, which would very
well answer the purpose of holding the candle. This I squeezed
under my waistcoat, and filled my coat-pockets with a couple of
bottles of wine, a handful of ship’s biscuit, and a little tin drinking-
vessel; and then putting the box of candles under my arm, I fell
again upon my hands and knees, crawled to the cabin ladder, and
joined the deck-house so wearied by the posture I had been forced
to adopt and by the convulsive motions of the deck, which had put
an aching as of rheumatism into every bone, that I was forced to sit
and remain quiet for some minutes.
The wind swept in through the denuded windows; but the structure,
as I have before said, was long in proportion to its width, and at the
fore-end the atmosphere was quiet enough for a candle to burn in. I
secured the empty pickle bottle to a stanchion with my handkerchief,
and placed the lighted candle in it; and the square of the bottle held
the flame at a sufficient distance from the stanchion to provide
against all risk of fire. The light seemed to raise some little heart in
Miss Temple.
‘You are brave,’ she exclaimed, with a glance at the black square of
the hatch, ‘to descend into that dreadful dungeon. There may be

dead bodies there.’
‘I am not afraid of dead bodies,’ said I. ‘I wish there were nothing
more harmful in this world than dead men. Here are two bottles of
wine and some biscuit. You will be the better for a little refreshment.’
I knocked off the head of a bottle and handed her a draught. She
looked at the rough drinking-vessel for a little, and then said with a
painful smile: ‘A desperate change, Mr. Dugdale, from the table of
the Indiaman! Will this wine hurt me?’
‘I will drink first, to reassure you, if you please,’ said I.
‘No,’ she exclaimed; ‘I must not be too cowardly;’ and she drank.
I took a good drain myself, and found it the same noble wine that
the poor lieutenant had tasted.
‘Try one of these biscuits, Miss Temple,’ said I; ‘they are but coarse
eating for you, I fear; they are the bread that poor Jack is fed on.’
She took one and nibbled at it.
‘Ha!’ said I, ‘this is an ocean experience indeed. This is being
shipwrecked. You will have a deal more to talk about when you get
home than Colledge could have dreamt of in proposing this
excursion for that purpose. Can you bite that biscuit?’
‘Yes,’ she answered.
‘It is rather flinty,’ said I, munching. ‘There should be something
more relishable than this to be come at below. I will make another
hunt.’
‘No, if you please,’ she cried vehemently; ‘do not leave me, Mr.
Dugdale.’
‘Ay, but food apart, since we must needs remain here through the
night, I must endeavour to find something soft for you to lie upon.
You cannot rest upon that hard locker.’
‘Oh, I do not want to rest,’ she exclaimed. ‘Do you think I could
sleep? I shall sit as I am, and pray for the light to come and for a

sight of the ships.’
I made no answer, though it was on the tip of my tongue to say I
was sorry for her sake that it was I, and not Colledge, whom she
was adrift with. It was an impulse coming through some sudden hot
recollection of her treatment of me on board the Countess Ida; but I
bit my lip, and was grateful for my silence a moment after, when I
saw her fine eyes swimming with tears.
‘Pray have hope,’ I exclaimed. ‘I am sure after a bit you will find
plenty of courage in your heart to confront this little passage, hard
as it is. I will do what I can. I would you had a better sailor than I by
your side; but what can be done by me shall be done, and the worst
is a long way off yet, I am certain.’
She put her hands upon the table and hid her face in them. I lifted
the lid of the locker I was using as a seat, to stow away the bottles
in a safe place; for, talk as I might, it was only God could know
whether it might not end in a single drop of the liquor becoming
more precious to us than twenty times the value of the cargo of the
Indiaman. There were some wearing apparel, a few small coils of
ratline-stuff, and other odds and ends in the locker, but nothing
noticeable. I then clawed my way to the deck-house door to take a
look round. It was black as fog and darkness could make it. Close
alongside, the foam glanced dimly, with now and again a flash of
phosphoric light in some dark coil down whose slope the hull was
sliding; but there was nothing else to see. The wind still blew fresh,
but there was no recognisable increase in it since the hour of its first
coming down upon the wreck. It made a most dismal and
melancholy noise of howling in the sky, as it swept through the dark
obscurity, splitting upon the foremast and the shrouds which
supported the spar, in a low-toned long-drawn shriek, which had
something of the sound of a human note as it pierced through the
hissing and seething round about, and through the strange, low, dull
thunder made by the shouldering of liquid folds coming together as
they ran, and by the hurl of the surge as it rounded and dissolved
into foam.

There could be very little doubt that the drift of a light empty shell of
a wreck with a yard and mast and shrouds forward for the wind to
catch hold of would be considerable in such weather as this. Helped
by the beat of the seas, she might easily blow dead to leeward, in
the trough as she was, at the rate of some three to four miles in the
hour, so that daybreak would find her forty or fifty miles distant from
the spot where we had boarded her. However, I comforted myself
with the reflection that the commanders of the two ships would have
a clear perception of such a drift as I calculated, and allow for it in
the search they would surely make for the hull. I had but one fear:
that the cutter had been seen leaving the wreck, for there was an
interval at least of a minute or two between her dropping astern and
manœuvring with her three oars and her envelopment by the fog. If,
then, she had been sighted, the inference would inevitably be that
Miss Temple, Colledge, and myself were in her; and so the hunt
would be for the cutter, without reference to the hull, with every
prospect of the search carrying the ships miles below the verge of
our horizon.
Meanwhile, as I stood in that doorway looking into the blackness
over the sides, I bent my ear anxiously forward; but though there
were constant shocks of the sea smiting the bow, I never caught the
noise of water falling in weight enough upon the deck to alarm me.
The leap of the surge seemed to be always forward of the fore-
shrouds, and the ducking and tossing of the fabric was so nimble,
and the pouring of the blast so steadfast, that nearly all the water
that sprang to the blow of the bow was carried overboard by the
wind. This was about as comforting an assurance as could come to
me; for I tell you it was enough to turn one’s heart into lead to look
into that starless wall of blackness close against the ship, to see
nothing but the pallid glimmer of froth, to hearken to the noises in
the air, to feel the sickening and dizzy heavings of the sea, and then
realise that this hull had been struck by lightning, that the forepart
of her was burnt into a thin case of charred timbers, and that all
three hatches in her, together with the skylight, lay open and

yawning like the mouths of wells to the first rush of sea that should
tumble over the side.
I will not feign to remember how that night passed. The tall wax
candle burnt bravely and lasted long; but the guttering of it to the
circlings of the air in the extremity of the cabin obliged me to light
another before the night was spent. It a little encouraged Miss
Temple to be able to see. God knows how it might have been with
her had we been obliged to sit in that blackness. Once the candle
was blown out, and when I had succeeded in lighting it afresh, after
a few minutes of groping and hunting and manœuvring with my
tinder-box, I looked at the girl, and knew by the horror that shone in
her eyes, and the marble hardness in the aspect of her parted lips,
as though her mouth were some carved expression of fear, how
heart-subduing had that short spell of blackness proved. From time
to time she would ask for a little wine, which she sipped as though
thirsty, but she swallowed a few drops only, as if she feared that the
wine, by heating her, would increase her thirst; yet when I spoke of
going below to seek for some fresh water, she begged me not to
leave her.
‘It is the memory of the body that sat at this table which makes
loneliness insupportable to me, Mr. Dugdale,’ she exclaimed. ‘I
seemed to see the dreadful object when the candle went out. I
thought I had more spirit. I am but a very weak woman, after all.’
‘I do not think so,’ said I; ‘you are bearing this frightful trial very
nobly. How would it be with some girls I know? They would be
swooning away; they would be exhausting themselves in cries; they
would be tearing themselves to pieces in hysterics. And how is it
with me? Sometimes I am frightened to death, but not with fears of
darkness or of the dead. I am certain we shall be rescued; this hull
is making excellent weather of it; there is food and drink below, yet I
am filled with consternation and grief. Why should it be otherwise?
We are creatures of nerves, and this is an experience to test the
courage of a saint.’

Well, we would exchange a few sentences after this pattern, and
then fall silent for a whole hour at a time. She never closed her eyes
throughout the night. Whenever I glanced at her, I met her gaze
brilliant with emotion. The change was so sudden that I found it
impossible to fully realise it. When I thought of Miss Temple aboard
the Countess Ida, her haughtiness, her character of almost insolent
reserve, how she had hardly found it in her to address me with an
accent of courtesy, her ungracious treatment of me after the service
I had done her in rescuing her from a perilous situation: I say when
I recalled all this and a deal more, and then viewed her as she sat
opposite, crouching in a corner, supporting herself by grasping the
table with her heavily ringed fingers, the high-born delicate beauty
of her lineaments showing like some cameo in ivory, and reflected
that she and I were absolutely alone, that it might come to her
owing her life to me, or that we might be doomed to miserably
perish together—this girl, this unapproachable young lady, at whom
I had been wont to stare furtively with fascinated eyes on board the
Indiaman for long spells at a stretch—I could not bring my mind to
credit the reality of our situation.

CHAPTER XX
I SEARCH THE WRECK
All night long it blew a strong wind, but shortly before daybreak it
fined down on a sudden into a light air out of the south-west,
leaving a troubled rolling sea behind it. It was still very thick all
round the horizon, so that from the door of the deck-house my gaze
scarcely penetrated a distance of two miles. It was no longer fog,
however, but cloud, sullen, low-lying, here and there shaping out; a
familiar tropical dawn in the parallels, though it made one think too
of the smothers you fall in with on the edge of the Gulf Stream.
I stepped on deck to wait for the light to break, and Miss Temple
came to the door to look also. The hull still rolled violently, but
without the dangerous friskiness of the jumps, recoils, and
staggering recoveries of the night when there was a sharp sea
running as well as a long heaving swell. My heart was in my gaze as
the dim faintness came sifting into the darkness of the east. In a few
minutes it was a grey morn, the sea an ugly lead, and the horizon all
round of the aspect of a drizzling November day in the English
Channel. We both swept the water with our sight, again and again
looking, straining our vision into the dim distances; but to no
purpose.
‘Do you see anything?’ exclaimed Miss Temple.
‘No,’ I answered, ‘there is nothing in sight.’
‘Oh, my heart will break!’ she cried.
‘We must wait awhile,’ said I: ‘this sort of weather has a trick of
clearing rapidly, and it may be all bright sky and wide shining surface
of ocean long before noon; then we shall see the ships, and they will
see us. But this is a low level. Something may heave into view from

the height of that mast. I shall not be long gone. Be careful to hold
on firmly, Miss Temple; nay, oblige me by sitting in the deck-house.
Should you relax your grasp, a sudden roll may carry you overboard.’
In silence, and with a face of despair, she took her seat on a locker,
and very warily I made my way forwards. We had taken but a brief
view of the hull when we boarded her, and the appearance of her
towards the bows was new to me. There were twenty signs of her
having been swept again and again by the seas. No doubt, her
hatches had been uncovered, that her people might rummage her
before going away in her boats; and the covers, for all I could tell,
might have been rolled overboard by some of her violent workings.
Yet it was certain that she must have been swept when her hatches
were covered, or the lieutenant would not have found her with a dry
hold. But I had been long enough at sea to know that it is the
improbable conjecture that oftenest fits the fact of a marine disaster.
I took a view of the foremast, to make sure that all was sound with
it, and then sprang into the shrouds and gained the top. Some few
feet of the splintered topmast still stood, and under the platform at
which I had arrived the foreyard swang drearily to its overhauled
braces hanging in bights. There was no more to see here than from
the deck. The thick atmosphere receded nothing to this elevation,
and would have been as impenetrable had I climbed a thousand
feet. It was like being in the heart of an amphitheatre of sulky
shadows. The water rolled foamless, and there was little more air to
be felt than was made by the sickeningly monotonous swing of the
solitary spar from whose summit I explored the ocean limits in all
directions, frowning to the heart-breaking intensity of my stare. By
heaven, then, thought I, we are alone! and if we are to be picked up
by either of the ships, it will not be to-day nor maybe to-morrow!
I glanced down at the deck of the hull, and observed that the sides
of the fore-hatch were black with extinguished fire. The head-rail
was gone to port, and from the eyes of her to the deck-house aft the
fabric had a fearfully wrecked look, with its mutilated bulwark
stanchions, its yawning hatchways, its dislocated capstan, and other

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