“You may have lively times with that crowd,” put in Jack Broxton with a grave shake of his head.

“We’ll risk it,” answered Harry. He was thinking of his missing gold watch.

The course of the Whistler was changed, and soon they rounded the shore of the island Jack Broxton had pointed out.

Sure enough, there was the Redeye, with all sails set, making up the lake.

Near the stern stood Si Peters, Wash Crosby and several rascally looking men.

“They have discovered that we are after them,” cried Jerry, a few minutes later. “See, they are crowding on all sail!”

The young oarsman was right. Leaving the vicinity of the islands, the other craft stood out boldly into the lake, and cut the water like a knife.

“She’s a good one,” observed Jack Broxton.

The Whistler already had all sails out; and thus the craft went on, neither gaining nor losing for half an hour.

Then darkness settled over the lake, and the wind fell flat.