Although they had apparently secured a firm grip on an anchorage, and it would seem as though their present troubles were over, Thad did not sink down like his two fellow laborers, to pant, and rest up.

He proceeded to scramble aft, for he had made an alarming discovery, and wished to start an investigation at once.

The boat sat much lower in the water than he had ever known it to do; and this circumstance seemed alarming. One look into the cabin told him the reason, nor was Thad very much surprised to find that it was already knee deep in water.

"How did this come in here, fellows?" he asked Davy and Step Hen, who from their positions might be expected to know; "did you notice many waves pour over the stern of the boat?"

"N-no, hardly any water at all came in, Thad," replied Step Hen, astonished when he came to look into the partly submerged cabin for himself.

"She kept riding like a duck, and was ahead of the waves most all the time," was the testimony Davy added; which might be set down as the first words of praise given to the little craft thus far during the cruise.

"Why, goodness gracious, Thad, we must be sinking!" bellowed the amazed Bumpus, also craning his fat neck the best way he could, in order to peer into the cabin.

"Just what she is doing," replied the scoutmaster, composedly; because they were now in comparatively shallow water, out of the reach of the storm; and it did not matter so much what happened after this.

"Sprung a leak, mebbe?" suggested Giraffe, joining the group.

"Wouldn't be surprised if that was what happened," Allan added, as, he too took a survey of the flooded interior.