Spencer

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Mr. Lungrin, a merchant, to help me out of the trifling difficulty, offered to freight the Spray with a cargo of gunpowder for Bahia, which would have put me in funds; and when the insurance companies refused to take the risk on cargo shipped on a vessel manned by a crew of only one, he offered to ship it without insurance, taking all the risk himself. This was perhaps paying me a greater compliment than I deserved. The reason why I did not accept the business was that in so doing I found that I should vitiate my yacht license and run into more expense for harbor dues around the world than the ...more
Sailing Alone Around the World
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