By this time the ship had beaten so far over the reef, as scarcely to touch at all, and Mark had everything ready for letting go his anchors, the instant he had reason to believe she was in water deep enough to float her. The thumps grew lighter and lighter, and the lead-line showed a considerable drift; so much so, indeed, as to require its being hauled in and cast anew every minute. Under all the circumstances, Mark expected each instant, to find himself in four fathoms' water, and he intended to let go the anchor the moment he was assured of that fact. In the mean time, he ordered the carpenter to sound the pumps. This was done, and the ship was reported with only the customary quantity of water in the well. As yet her bottom was not injured, materially at least.

While Mark stood with the lead-line in his hand, anxiously watching the drift of the vessel and the depth of water, Hillson was employed in placing provisions in the launch. There was a small amount of specie in the cabin, and this, too, was transferred to the launch; everything of that sort being done without Mark's knowledge, and by the second-mate's orders. The former was on the forecastle, waiting the proper moment to anchor; while all of the after-part of the ship was at the mercy of the second-mate, and a gang of the people, whom that officer had gathered around him.

At length Mark found, to his great delight, that there were four good fathoms of water under the ship's bows, though she still hung abaft. He ascertained this fact by means of Bob Betts, which true-hearted tar stood by him, with a lantern, by swinging which low enough, the marks were seen on the lead-line. Foot by foot the ship now surged ahead, the seas being so much reduced in size and power, by the manner in which they had been broken to windward, as not to lift the vessel more than an inch or two at a time. After waiting patiently a quarter of an hour, Mark believed that the proper time had come, and he gave the order to 'let run.' The seaman stationed at the stopper obeyed, and down went the anchor. It happened, opportunely enough, that the anchor was thus dropped, just as the keel cleared the bottom, and the cable being secured at a short range, after forging ahead far enough to tighten the hitter, the vessel tended. In swinging to her anchor, a roller came down upon her, however; one that had crossed the reef without breaking, and broke on board her. Mark afterwards believed that the rush and weight of this sea, which did no serious harm, frightened the men into the launch, where Hillson was already in person, and that the boat either struck adrift under the power of the roller, or that the painter was imprudently cast off in the confusion of the moment. He had got in as far as the windlass himself, when the sea came aboard; and, as soon as he recovered his sight after the ducking he received, he caught a dim view of the launch, driving off to leeward, on the top of a wave. Hailing was useless, and he stood gazing at the helpless boat until it became lost, like everything else that was a hundred yards from the ship, in the gloom of night. Even then Mark was by no means conscious of the extent of the calamity that had befallen him. It was only when he had visited cabin, steerage and forecastle, and called the crew over by name, that he reached the grave fact that there was no one left on board the Rancocus but Bob Betts and himself!

As Mark did not know what land was to be found to leeward, he naturally enough hoped and expected that the people in both boats might reach the shore, and be recovered in the morning; but he had little expectation of ever seeing Captain Crutchely again. The circumstances, however, afforded him little time to reflect on these things, and he gave his whole attention, for the moment, to the preservation of the ship. Fortunately, the anchor held, and, as the wind, which had never blown very heavily, sensibly began to lessen, Mark was sanguine in the belief it would continue to hold. Captain Crutchely had taken the precaution to have the cable bitted at a short range with a view to keep it, as much as possible, off the bottom; coral being known to cut the hempen cables that were altogether in use, in that day, almost as readily as axes. In consequence of this bit of foresight, the Rancocus lay at a distance of less than forty fathoms from her anchor, which Mark knew had been dropped in four fathoms' water. He now sounded abreast of the main-mast, and ascertained that the ship itself was in nine fathoms. This was cheering intelligence, and when Bob Betts heard it, he gave it as his opinion that all might yet go well with them, could they only recover the six men who had gone to leeward in the jolly-boat. The launch had carried off nine of their crew, which, previously to this night, had consisted of nineteen, all told. This suggestion relieved Mark's mind of a load of care, and he lent himself to the measures necessary to the continued safety of the vessel, with renewed animation and vigour.

The pump-well was once more sounded, and found to be nearly empty. Owing to the nature of the bottom on which they had struck, the lightness of the thumps, or the strength of the ship herself, it was clear that the vessel had thus far escaped without any material injury. For this advantage Mark was deeply grateful, and could he only recover four or five of the people, and find his way out into open water, he might hope to live again to see America, and to be re-united to his youthful and charming bride.

The weather continued to grow more and more moderate, and some time before the day returned the clouds broke away, the drizzle ceased, and a permanent change was to be expected. Mark now found new ground for apprehensions, even in these favourable circumstances. He supposed that the ship must feel the influence of the tides, so near the land, and was afraid she might tail the other way, and thus be brought again over the reef. In order to obviate this difficulty, he and Bob set to work to get another cable bent, and another anchor clear for letting go. As all our readers may not be familiar with ships, it may be well to say that vessels, as soon as they quit a coast on a long voyage, unbend their cables and send them all below, out of the way, while, at the same time, they stow their anchors, as it is called; that is to say, get them from under the cat-heads, from which they are usually suspended when ready to let go, and where they are necessarily altogether on the outside of the vessel, to positions more inboard, where they are safer from the force of the waves, and better secured.