Outward Bound by Oliver Optic

With Mr. Lowington, the Academy Ship, which was the name he usually applied to the idea he had matured, and thus far carried into effect, was not a speculation; he did not intend to see how much money could be made by the scheme. It was an experiment in the education of rich men's sons, for only rich men could pay for scholarships in such an expensive institution.

The Brockway Academy was to be continued, under the management of a board of trustees. An accomplished teacher had been selected by Mr. Lowington, and the school, under its present administration, was in a highly prosperous condition. Only ten of its pupils had been transferred to the Academy Ship, for it required no little nerve on the part of parents to send their sons to school on the broad ocean, to battle with the elements, to endure the storms of the Atlantic, and to undergo the hardships which tender mothers supposed to be inseparably connected with a life on shipboard.