Hyde looked around for help, but no one was in sight. He was not to be baulked, however, and made a fresh attempt to get alongside the pony. But each time the sailor forged a little ahead, and this tantalising game continued for half-an-hour.

At last, disgusted and despairing, Hyde thought it better to make terms. He was losing valuable time.

"I give in, you rogue! Pull up, and you shall have your money."

"Honour bright, guv'ner?"

"Here it is," said Hyde, taking out the money.

"It's a fair swap. Hand over the money."

"No; you give up the pony first."

"I shan't. That's not my way of doing business."

"You shall!" cried Hyde, who had been edging up towards the sailor, and now suddenly made a grab at his leg.

He caught it, and held it with an iron grip. But Jack was not disposed to yield quietly. With a loud oath, he struck viciously at the pony's side with his disengaged foot.