All the same, Mr.Morse did not altogether see why he wanted to buy the wreck.
"What about the cargo ?" he suggested.

"Of course, you understand that I have no authority to sell this; you noticed the wording of our original advertisement?
'And for the salving of the cargo,' Precisely it is on that basis alone that the cargo underwriters will deal.

Together with your offer for the steamer as she lies, you must accept a percentage of the value of the cargo you save." "What is the cargo ?" "She carried palm-kernels in the forehold; I expect they have fermented and rotted.

Perhaps the palm oil aft isn't spoiled." "The barrels will have gone to bits." "Oak barrel staves stand salt water long." "The iron hoops do not," Cartwright rejoined.

"Anyhow, I don't reckon on the cargo; I expect to make my profit on buying the hull." "Yet the cargo is worth something.