"The Diver might have towed it away," suggested Jack.

"Impossible!" cried the others, in chorus.

"Anyway," Jack continued, "we're up against the real goods now. If the
Diver is here we'll have a scrap."

"But suppose it should be some other outfit?" asked Frank. "Some pirate outfit after the gold?"

"Still there would be a scrap."

"That's one advantage of goin' with Ned," Jimmie edged in. "You most always get into a scrap!"

"Well," Ned said, presently, "we may as well drop down and keep our lights low. If the Diver is here, the Moores are aware of our presence, and we must be prepared for anything."

In ten minutes the submarine lay at the bottom of the sea, with no lights showing, every plate glass window having been shuttered on the outside by a system of protection which was one of the best features of the craft. Then Ned explained that he had seen, at some distance, an apparent elevation rising from the sand.

"That may be the wreck," he said.

"I move we go and see," shouted Jimmie.