"Say," said Mr Waldron, "are we to be let loose? Am I a free citizen of the United States or a condemned criminal? I should like to know."

Frank turned to Ling.

"Those are questions," said he, "which you are better able to answer than I."

Ling, finding it inconvenient to remain standing in so cramped a position, seated himself cross-legged upon the floor and spoke in excellent English.

"You are right," said he. "The situation is in my hands. I hold you as hostages until the ransom is paid."

Here Mr Waldron was guilty of an injudicious action. He expressed himself with extreme rashness in a moment of deep-seated indignation.

"I assure you," said he, "that I will pay this twenty thousand dollars without question and without delay. To be frank, I consider the value of my freedom and my safety to be far greater than that. Twenty thousand dollars is nothing to me."

"I am glad to hear it," said Ling. "I may demand forty or even fifty thousand. In the meantime, I must satisfy myself with what I can get."

"Do I understand," said the judge, addressing himself to the Honanese, "that you are not one of Cheong-Chau's band?"

"Does the tiger serve the wolf?" said Ling. "I am neither his coolie nor is he mine. Understand that I have taken possession of this junk, that at the present moment every man on board is bound hand and foot, with the exception of this boy. The crew, the ransom money, Cheong-Chau and yourselves--all are at the mercy of the mighty Ling. I will tell you plainly what I intend to do.