We pulled off to a distance of about a hundred yards from the schooner; and then, as with one consent, the men laid in their oars and waited to see the last of the little hooker.  Her end was manifestly very near, for she had settled to the level of her waterways, and was rolling occasionally on the long, level swell with a slow, languid movement that dipped her rail amidships almost to the point of submergence ere she righted herself with a stagger and hove her streaming wet side up toward us, all a-glitter in the ruddy light of the sunset, as she took a corresponding roll in the opposite direction; and we could hear the rush and swish of water athwart her deck as she rolled.  She remained thus for some three or four minutes, each roll being heavier than the one that had preceded it, when, quite suddenly, she seemed to steady herself; then, as we watched, she slowly settled down out of sight, on a perfectly even keel, the last ray of the setting sun gleaming in fire upon her gilded main truck a moment ere the waters closed over it.--"_Sic transit_!" muttered I, as I turned my gaze away from the small patch of whirling eddies that marked the spot where the little beauty had disappeared, following up the reflection with the order: "Hoist away the canvas, lads, and shape for Sierra Leone!"