And where was Stephen all this time? Worn out with fatigue and cold, for he had been immersed some two hours in the chilly waves, and standing in deep water and nearly exhausted by their violence, he had lost his footing on the slippery bank, and having got in a moment beyond his depth was vainly attempting to keep his head above water by swimming in his drenched and dripping clothes, the weight of which in a few minutes more would have carried him down.

"Oh! Steenie, Steenie!" cried the old boatman, Paul, with a loud voice of agony, which would make itself heard even above the roaring of the angry wind and waves; "can none of you save my poor Stephen, the bravest lad that ever trod a deck! He's gone now; and but for his help this day my boat would have been lost."

"He's not lost yet!" cried the tall seaman; and, plunging into the waves, he caught him by the hair of the head just as he was sinking a third time; the next wave would have carried him fairly down, and his life would have been gone beyond recall.

It was but the work of a moment for the strong, tall stranger to swim with the lad towards the boat, which was hovering near; and in another second the gallant crew had lifted him in over the gunwale and laid him at the bottom of the boat. As soon as he showed signs of life, and began to open his eyes, a flask of brandy was applied to his mouth, and he soon revived. The tall man, too, got in, and leaving two of his crew to help old Paul to tow the Katharine ashore, he gave the signal to his men, and they pulled off with all their might in the direction of Lachta. Though the waves were still running high, yet, fortunately, the wind was astern; so the sharp, quick strokes of the crew soon brought the boat to a landing-place from which, a few hours before, poor Stephen had departed in such high spirits, and with such confidence in Paul's seamanship and the ability of the Katharine to make the passage.

As soon as the boat came to the sheltered nook where the steps of the landing-place led up from the sea, Stephen was put ashore, and partly led and partly carried he reached the cottage of his mother. At the sight of her son the poor widow burst into a flood of tears, and began to give way to an agony of joy and grief. A warm bath was soon prepared for her son; and after the application of some gentle restoratives poor Stephen was able to sit up and thank his kind preserver, the tall stranger, who, with his two men behind him, just now lifted up the latch of the cottage-door and had entered the room.

"Gracious Heaven!" exclaimed the grateful mother; "why, sir, you are in wet clothes too! Sit down, sir, by the fire, and accept of my humble fare, while I go and find some of my Steenie's clothes for you to put on, and I dry those dripping garments."

The tall stranger sat down, and, as the widow left the room, gave his two followers a hint not to make known to the boy or his mother who he was. In a few minutes the stranger had retired, and assumed a plain old suit belonging to the young man whose life he had saved, and was engaged in eating some hot bacon which the widow had just placed on the table before him, with many protestations of her eternal gratitude to the saviour of her son.

"May the King of Heaven, who never turns a deaf ear to the widow's prayer, mercifully reward you for saving my Steenie's life! It is not many a sailor, or merchant either, that would have done as you did to-day. Heaven speed you; and may you never forget that the poor widow of Lachta is praying for you night and morning, that the Almighty may increase your store, whenever you are sailing over the stormy sea, or the lakes of Onega and Ladoga."

The tall stranger was about to rise and depart, when suddenly the door opened, and a naval officer entered with a crowd of attendants. It was the captain and mate of the barque which Paul and Steenie had seen in the offing, and which had sent her boats to the rescue of the Katharine.

"My noble master, may it please your majesty," he said, falling on one knee, "the Royal Peter has come safe, and she has towed the Katharine too into the little port of Lachta."