Earth, hah-har! Consider the fish-market. Iffen yez has a ton oâ fish here, then it be the same as a ton oâ fish there, providinâ all else be equal, so yez donât needs to send a ton of fish if yer can transfer ownership, and then it be fungible , dâye see? Iffen the one ton of fish there were old and stinky, then it would not be fungible , would it? Not being the same for purposes oâ trade, dâyez sees? That be the problem with fish, oâ course, it do stink arter a few short days, then it be not fungible , it be olfactible , har-har-har! But there be things that do not stink arter a few short days. âLike what?â sez ye. I could say iron, but then iron do rust, not in days, mebbe, but surely with years. Copper? Copper do not rust, so it do stay fungible , but it ainât worth a vast amount. Now yez sees where I be headed! Gold! Gold be the most fungible of all things. Iffen yer takes an ounce oâ gold and puts it in a bank, then yez goes back later anâ takes it out again it do not matter if it is not the same ounce of gold, only if it be the same weight and the same fineness, and yez can test gold easily with yer teeth, as yez all knows, or on a touchstone. Ah! Gold! Yez all loves gold, but yez forgets that it is fungible , so yez do! A chest oâ gold buried on a distant isle has not lost its value , but it has lost its fungibility as ye cannot spend it. The only way to return the fungibility is to have a treasure map - har-har-har, that perked summa yez up! - but that be just a piece oâ paper, anâ who knows iffen it tells the truth? A note upon a bank, dâyez see, to be paid in gold, is better than a treasure map. It still be a piece oâ paper, but the gold is more likely to be real. And the chest is not buried on an island, no, shipmates, it is as though that chest oâ gold was buried right under yer feet and followed yez around, always right under yer feet, fungible dâye see? Nice and handy when yer needs it, but nicely out of sight when yez do not.â
Blue Peter observed that roughly one third of the crew were intent upon the Captainâs words, brows furrowed. Another third were paying attention, but looked a little bewildered. The final third seemed to be in a waking coma, their mouths open, their eyes wandering.
âSo when I gives each oâ yez a letter such as this,â Captain Greybagges held up a square of paper, âyez must regard it as a treasure map! And it is a treasure map, for it will take yez to the offices oâ the Bank oâ International Export - my bank, your bank, our bank, which we all owns - where yez will find two hundred and fifty golden guineas held there in yer very own personal account. Yer very own little treasure chest under yer very own feet at all times. Now what does yez think of that?â
There was a rumble of approval from the crew. A low rumble of qualified approval, but nevertheless a rumble.
âNow iffen yez is daft when ye does that, yer will draw out the whole nut and get robbed in the first tavern or bawdy-house that yer sees, and my wise words to yez this day will have been wasted. If yez is smart yer will take out enough for a shant and some fun, enough to buy yer missus or yer tart a new dress, enough to put shoes on yer sisterâs weans, even, but leave the rest under yer feet for the next day, anâ the day arter that. Thatâd be the sharp way, shipmates.â
The Captain folded his arms and beamed at them for a few seconds.
âNow, shipmates, Iâll be giving yez these papers in the Port oâ London, and any of yuz that wishes to shake hands and bid goodbye to the buccaneering life may do so then, anâ I will buys yer a drink afore yer goes anâ no hard feelinâs. Some of yez will wish to sign up for another cruise, anâ yer may do that, too, but until then we are finished with freebooting. From now on we are a innocent
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