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After Stubb goes below, Captain Ahab orders a sailor to get him a stool and a pipe and sits smoking on the deck.
The narrator (probably not Ishmael at this point) thinks Ahab looks like a Norse king.
Ahab discovers that smoking the pipe doesn’t soothe him, throws it overboard, and goes back to pacing on the deck. (See, we told you that smoking wasn’t a good mood stabilizer back in Chapter 27, and we were right.)