“I’ll brain you if you try to come over the rail of this yacht!” frothed the excited nobleman.

“You will be sorry if you try that trick,” asserted Merriwell. At this moment Inza appeared, hurrying up the companion way and reaching the deck of the Fox. She saw Frank on the pursuing boat, and waved her hand to him.

With an exclamation of anger, Lord Stanford hastened to her side, and seemed to be urging her to go below again. It was plain that she refused to do so, and the Englishman grew still more angry.

“Begobs! th’ spalpane acts loike he wur goin’ to shtrike her!” exclaimed Barney.

“If he does, I’ll make him regret the day he was born!” grated Frank.

“Dot vos der stuffs!” nodded Hans; “und you vos der huckleberry to done dot, Vrankie.”

The Fox was now on the port quarter of the pursuing yacht, and it was plain the Greyhound would soon weather the other boat. The two yachts were quite near together.

Lord Stanford was seen to suddenly grasp Inza’s wrist, as if he thought of forcing her to go below.

Then it was that, without warning, the Fox changed her course to starboard, and the Greyhound crashed into her.

There was a severe shock, a sound of splintering wood and rending sails, and the Fox careened violently, as if she was going over.