“Look at that motor-boat, will you?” came quickly from Spouter. “Gee Christopher! what are they trying to do?”

At once cries arose on all sides when it was seen that one motor-boat was coming dangerously close to the racecourse.

“It’s old Nat Durgin’s boat!” exclaimed Jack, after looking through the fieldglasses. “And what do you know about this? Tommy Flanders is at the wheel!”

A moment later there were exclamations from a dozen or more individuals as Durgin was seen to cast Flanders aside and take command of the craft. Then it was seen to veer away and was lost to sight behind the sails of a small sloop.

“Here they come! And almost bow and bow!”

“Colby is ahead!”

“No! Longley is ahead!”

“It’s a tie!”

The excitement was now tremendous as it was seen that Longley had crept up and was now bow and bow with the other shell.