Don’s whisper was the least bit agitated. “I don’t believe in ghosts, but look at that!”

They looked and the captain’s breath came in a sudden gasp. Jim clicked his teeth together. In front of them, between the first and the second mast, a white figure was slowly rising up into the air. Silently it rose, a shape clothed in white, and when it cleared the deck it hung suspended in the air a foot from the planks. The form was very much like that of a man, with a white head, arms and a body in a long flowing robe, though there were no feet to the thing. It swayed back and forth, dancing a bit, and then began a silent and weird advance toward them.

The three crouching in the lee of the deckhouse did not know what to make of the thing. Being healthy human beings they scorned a belief in anything unearthly, but the apparition which danced in front of them was unlike anything that they had ever seen. The very way it advanced without a sound took their breath away, and the mocking way that it danced was more than disconcerting. The time of night, the mystery surrounding the old battered wreck, and the very blackness of the sea, was enough to make them feel their blood chill and to think all kinds of wondering thoughts.

The ghostly shape advanced to the mainmast and there stopped, gently swaying and dancing. Then it commenced to retreat at first slowly and then with increasing speed. When it had reached a point midway between the first and second masts it stopped altogether and remained suspended in the air, now almost motionless.

The captain reached out and touched the boys on the shoulder, and they drew close to him. When they had placed their heads close to him he whispered: “Looks like some kind of a game. They must have seen us coming and they are trying to scare us off. I guess the best thing we can do is to rush ’em, in spite of their flour-bag ghost. What say?”

The boys whispered assent, falling in at once with the captain’s theory of the dancing ghost. They had risen on their knees when something happened that checked them. A man came up the companionway and stepped out onto the deck, looking off over the stern.

That checked them completely and bewildered them. If, as the captain thought, the unearthly shape had been placed there to scare them, the presence of the man, whom Don knew to be Marcy, was enough to disrupt the plan. It did not seem logical and so they halted, uncertain. Marcy looked over the side and then turned slowly toward the bow. And as he did so, his eye fell on the shape.

They saw his form become rigid and a low cry burst from him. At the cry the dangling ghost began its terrifying advance, jerking up and down as it came. At the same time a low, hollow whistle accompanied it, rising high and sinking to a sort of mournful sigh. Marcy gave a shriek of fear and mental agony and rushed in a panic down the companionway ladder, stumbling part way down. They could hear him shouting for Benito as he went.

No sooner had he disappeared than the shape retreated rapidly, and gaining the original position of midway between the forward and center mast, dropped out of sight like a flash. They saw it go down and apparently melt right through the boards of the deck. It did not crumple up on the deck, but went on through, a faint squeaking sound accompanying its disappearance.

“Well, by jumping thunder!” gasped the captain, “What in tunket do you suppose that was?”