The prow of the Yale boat was turned toward the bank. It was necessary to avoid the craft that came rushing about on every side, but the shore was soon reached.

"Hold her steady!" cried Collingwood. "Somebody dash water into Merriwell's face."

The command was obeyed, and in a moment Frank opened his eyes. It was at the moment when the Yale cheer was pealing from a thousand throats, and the

look of pain on Merriwell's face changed to one of satisfaction and joy.

"Did we win?" he huskily asked.

Collingwood nodded, his flushed face beaming, pride in his big blue eyes.

"You bet!" he answered. "It's hard to beat Old Eli!"

"I am satisfied!" gasped Merriwell.

His eyes drooped, and he seemed on the verge of going off into another swoon.

"Throw more water on him," pitilessly directed Collingwood.