Crawshay nodded.

"So I told the captain. We might have a go at a submarine, but the raider would sink us in two minutes if we tried to tackle her. What a beastly voyage this is!" he went on, in a depressed tone. "I can't get over the fact that I risked my life to get on board, too."

Jocelyn Thew, with a little word of excuse, had swung around and disappeared. Katharine looked at her companion curiously.

"Do you believe that it really is the raider, Mr. Crawshay?" she enquired.

He hesitated. In Jocelyn's absence his manner seemed to undergo some subtle change, his tone to become crisper and less querulous.

"We had some reason to hope," he said cautiously, "that she was on a different course. It is just possible, however, that in changing it she might have struck this bank of fog and preferred to hang about for a time."

"What will happen if she finds us?"

"That depends entirely upon circumstances."

"I have an idea," Katharine continued, "that you know more about this matter than you feel inclined to divulge."

"Perhaps," he admitted. "Nowadays, every one has to learn discretion."