chunk: Joe, not wanting to be involved in crime, tries to escape, but each time is thwarted. French Pete tolerates Joe's opinion of him that he is a criminal. 'Frisco Kid tells Joe that he hates his life at sea; he had no family, and once worked for Red Nelson on another sloop, the Reindeer, but ran away. Arrested as a tramp, he was sent to a "boy's refuge", where conditions were intolerable; he escaped and joined French Pete. Joe resolves to leave and take 'Frisco Kid with him.
  French Pete and his associate Red Nelson steal a safe. Joe sees that it belongs to his father's company. The Dazzler and Reindeer sail into the Pacific, pursued for a time by a yacht; they intend to sail to Mexico. There is soon a storm and the Dazzler's mast breaks. The Reindeer gets close enough for French Pete to jump to onto it but before the boys can follow, the Reindeer disappears under the waves.