Thinking to make sure about that rope, on which it now seemed so much might depend, the patrol leader passed on down the slanting deck of the stranded old hulk.

He met some one coming from the other end of the wreck; and it turned out to be Frank, who, on finding out that he had run upon Ned, took hold of his sleeve.

"Come down here with me," he said, "I want you to see something."

Curious to know what the other scout meant, Ned readily accompanied him; but in passing the place where Jack and Jimmy had met with their adventure, he made sure that the rope was still where the former had tossed it after drawing it up.

"There, what d'ye think of that?" asked Frank.

He was pointing out toward the great bay, as he said this; and, looking, Ned discovered that the last of the sea fog and mist had cleared away, leaving the air as clear as a bell. Far away over the water he saw several strange lights. They seemed to rise and fall in a mysterious fashion; and yet Ned knew that there was nothing at all queer about this.

"The phantom fleet at anchor!" said Frank, and it was hard to tell from his manner whether he meant all his words implied or not.

"Yes," said Ned, soberly, "whatever those vessels are, they might help us out of this scrape, if only we could get in communication with them," and he stood there for some time, staring reflectively out toward the twinkling lights on the swelling sea.