The Yacht Club by Oliver Optic

Donald was not disposed to doubt the truth of Laud Cavendish's story, for the circumstances were precisely the same as those under which he had received the boat and the money from Captain Shivernock. If he had had no experience with the eccentric shipmaster himself, he would have doubted the whole explanation, and refused to take the money. He recalled the events of Saturday. The last he saw of Laud, on that day, was when he ran his boat over towards the Northport shore, whither the captain had gone before him. He had lost sight of both their boats at a time when it seemed very probable that they would meet. After what Laud had just said to him, and with the money he had paid him in his pocket, he was confident they had met. The strange man had purchased the silence of Laud, as he had his own, and at about the same price.

Donald realized that Captain Shivernock had thrown away about seven hundred dollars that morning, and, as he thought of it, he was amazed at his conduct; but the captain did not mind paying a thousand dollars any time to gratify the merest whim. The young man tried again to fathom the motive of his eccentric but liberal patron in thus throwing away such large sums, unnecessarily large, to accomplish his object. The Lincolnville outrage was the only possible solution; but if he were the ruffian, he would not have been on Long Island when he had a fair wind to run home, and Sykes and his wife both agreed that he had left the house on the morning that Donald had seen him. It was not possible, therefore, that the captain was guilty of the outrage. Laud had paid him seven fifty dollar bills, and he had over four hundred dollars in his pocket. He did not know what to do with it, and feeling that he had come honestly by it, he was vexed at the necessity of concealing it from his mother; but he was determined to pay it out, as occasion required, for stock and hardware for the yacht he was building. When he went to his chamber, he concealed three hundred and fifty dollars of the money in a secret place in the pine bureau in which his clothes were kept.