"What is it?" demanded the captain instantly.

"A big steamer o' some sort."

Captain Ponsberry ran forward and took the glass. For fully two minutes he did not speak and then he drew a long breath and put down the glass.

"I'm afraid she's a warship," he exclaimed, and his voice sounded unnatural.

"A warship!" echoed Larry. "Will you let me look?"

He did so, and it was not long before he could make out the approaching craft quite clearly.

"Well?" demanded Grandon, who knew that Larry's eyes were unusually strong.

"I reckon the captain is right."

"A warship?"

"Yes, not a very large affair, but still a warship. I shouldn't be surprised if she was the converted vessel the Lord Duffield sighted."