The Great Pacific is the scene of our story. On a beautiful morning, many years ago, a little schooner might have been seen floating, light and graceful as a sea-mew, on the breast of the slumbering ocean. She was one of those low black-hulled vessels, with raking, taper masts, trimly cut sails, and elegant form, which we are accustomed to associate with the idea of a yacht or a pirate.