Phyllis Alden breathed a happy sigh of relief when she saw Madge’s curly, red-brown head moving along toward them.

“Have you seen Tania?” she called faintly, trying to reserve both her breath and her strength.

Then Phil remembered Tania with a rush of remorse and terror. “No, I haven’t, Madge. What could have become of the child?” she faltered.

Lillian looked out over the water. Surely the launch that had wrecked them would have been able by this time to come back to their assistance. The boat had stopped, but it had not moved near to them. So far, its crew showed no sign of giving them any aid. Lillian could not believe her eyes.

“I’d better dive for Tania again,” said Madge quietly, without intimating to her chums that she was feeling a little tired and less sure of herself in the water than usual. She knew they would not allow her to dive.

When she went down for Tania the second time she chose a different place to make her descent. She must find the little girl at once.

She was swimming along, not many inches from the bottom of the bay, when she caught sight of what seemed to her a large fish floating near some rocks. Madge swam toward it slowly. It was Tania’s foot, swaying with the motion of the water. Caught on a spar, which might have once been part of a mast of an old ship, was Tania’s dress. On the other side of her was a rock, and her body had become wedged between the two objects. It was a beautiful place and might have been a cave for a mermaid, but it held the little earth-princess in a death-like grasp.

It is possible to be sick with fear and yet to be brave. Madge knew her danger. She saw that Tania’s dress was caught fast. She would have to tug at it valiantly to get it away. First, she pulled desperately at Tania’s shoe, hoping she could free her body. A suffocating weight had begun to press down on her chest. She could hear a roaring and buzzing in her ears. She knew enough of the water to realize that she had been too long underneath; she should rise to the surface again to get her breath. But she dared not wait so long to release Tania. Nor did she know that she could find the child again when she returned. She must do her work now.

So Madge pulled more slowly and carefully at Tania’s frock, unwinding it from the spar that held it. With a few gentle tugs she released it and Tania’s slender body rose slowly. The child’s eyes were closed, her face was as still and white as though she were dead. Madge was glad of Tania’s unconsciousness. She knew that in this lay the one chance of safety for herself and the child. If Tania came to consciousness and began to struggle the little captain knew that her strength was too far gone for her to save either the child or herself. She would not leave her. She would have to drown with her.

She caught the little girl by her black hair, and swam out feebly with her one free arm. At this moment Tania’s black eyes opened wide. She realized their awful peril. She was only a child, and the fear of the drowning swept over her. She gave a despairing clutch upward, threw both her thin arms about Madge’s neck and held her in a grasp of steel. For a second Madge tried to fight Tania’s hands away. Then her strength gave out utterly. She realized that the end had come for them both.