One week had passed. Winford started up out of a sound sleep. He listened tensely. There was a murmur through the big freighter. He recognized it as the clanging of the great alarm gongs through the hull of the big ship, muffled by the walls of his stateroom. Something was afoot!

He threw off the covers, sprang out on the deck and pulled on his clothes. This might be a break! Those gongs never sounded without plenty of cause.

He pulled a chair to the door, mounted it, and cautiously opening the transom which he had previously loosened, thrust his head out into the passage.

A marine was running down the passage. The guards before Winford's door tried to stop him, but the man ran on. Presently another came along. The guard was more successful.

"Say, Buddie, what's all the excitement?" he demanded.

"We've found Teutoberg's liner, or rather, it has found us!" exclaimed the marine. "They say old Teutoberg has trained his heaviest guns on us and is demanding that we surrender. Our skipper doesn't know just what to make of it. He's arguing with Teutoberg by radio that this old tub is in the hands of the law already and that he is taking it to Mars for the piracy court. Teutoberg says he won't be fooled by any such bunk as that; he knows we are all pirates and he is going to have this ship regardless of anything, since it belongs to his line. I've got to be hurrying along. We're getting the big guns ready, the few that we have."

Winford cautiously withdrew his head. His eyes were glowing. The whole scheme was as plain as day now. Teutoberg knew as well as every informed person in the Universe did that the Golden Fleece was in the hands of the Interplanetary Council marines. That talk about being entitled to the freighter because it was owned by his shipping line was so much rubbish. He was protected by insurance. What he wanted was the insurance and the ten million dollars' worth of iridium in the hold as well.

Furthermore, he had intended to have it all along. It was part of his diabolical scheme to put the shipment on an unprotected freighter. Then he had chartered a liner privately for his venture in piracy. When the liner was "lost" he was out searching for the Golden Fleece along the lanes where it should have been had not he, Winford, and his companions captured the craft and sent it hurtling out toward Ganymede. And now Teutoberg had succeeded in trailing it down.


Winford surveyed the transom pessimistically. Impossible to get through it. If only he had a ray pistol to dissolve the door lock.... The air ventilator! He dropped down on hands and knees and peered under the bunk. The opening seemed large enough to let his shoulders through. If he should become fast in one of the turns of the tunnel it would be all up with him. They'd probably find his body when the ship went into dock for repairs. But this was no time to think of that.