London: Michael Joseph Ltd., 1938. [Naval fiction] FIRST EDITION, first printing. Octavo (19 x 13cm), pp.304; [1], advert; [3], blank. Second issue; sheets bound up later in the orange cloth (rather than blue), blocked in black to spine, pictorial dust-wrapper illustrated by Rowland Hilder, clipped and priced down to 3/6 on spine. Contents and edges clean. Bright jacket has a few nicks and tears, one larger chip to top corner of front panel. A scarce title in jacket, far more elusive than the contemporaneous 'two-in-one' book with the plain green wrapper. The second Horatio Hornblower adventure.