It was a closer race than at first appeared. Under the strange light of the full moon shining grayly through the silvering mist upon the seals in their countless thousands, the scene seemed most unreal. Before him appeared the principals in this dramatic encounter, revolvers and rifles in the hands of all parties, the Japs being still covered; while beyond, at sea, the two boats cleaving the water, their objective point the shadowy schooner, looking like a phantom ship, made a picture of weird excitement in an unearthly setting. The seconds seemed like hours. The row-boat was nearer the schooner and was traveling fast, but the launch was speeding even more rapidly, throwing up a high wave at the bow. It looked as though both boats would reach the schooner's side at the same instant.

"She'll do it! She'll do it!" the boy exclaimed. "If only an oar would smash!"

The Japanese, though not saying a word, were bending forward eagerly, watching the race with every nerve on the strain.

Colin fairly danced with excitement, nearly bringing down on himself the wrath of a neighboring sea-catch, who was roaring angrily at this intrusion.

"If she only had another couple of horsepower——" he cried.

The Japanese smiled.

A port in the rail of the schooner opened and the muzzle of a small swivel-gun projected, aimed full at the launch. Colin caught his breath.

A puff of smoke followed, and a couple of seconds later the sharp crack of a small gun. A crash and a few sharp explosions were heard from the launch, but, so far as could be seen from the shore, no one was injured. The engine gave a 'chug-chug' or two—then stopped dead.

Colin dropped his arms limply by his side in despair.