He managed to swim round the jetty when the monster who missed him before and was continuing the hunt, appeared in front of him, and once more turning on its back glided towards him opening its voracious jaws.

It is this somewhat perplexing movement which the shark must make in order to seize its prey that enables pearl fishers, for example, to work in waters infested with them and, in most cases, to avoid them. As soon as the brute turns on its back, the man plunges under it, and sometimes he is quick enough to rip it open by a magnificent stroke of his knife, a weapon which he invariably carries in his teeth.

The Nut had not sufficiently practised this sort of trial of skill to think of anything but flight. He quickly retreated to the jetty and he knew that on this side a large iron ring was affixed which was used for mooring small craft. He clutched it with one hand, almost exhausted, his exertions having made so great a demand upon his muscular power; and before the brute was upon him he managed to seize the ring with both hands and lift himself out of the water by the strength of his wrists.

The shark brushed against him as it passed under him, snapping its jaws on the empty waters and vanishing in the obscurity.

Meantime Pernambouc returned to fetch Chéri-Bibi, who had lived through an agony of suspense. In his friendship, as in his love or hatred, Chéri-Bibi was always in extremes. His heart had adopted the Nut. To be conscious that the Nut was in danger was for him the cruellest of torments.

When Pernambouc entered his hut he found him seated on the basket which contained the bodies of the guillotined men. The lantern threw its beams on a face that might well have struck dismay in the least sensitive.

So little sensitive as he was a shudder passed through Pernambouc.

"It worked very well," he threw at him without waiting to be questioned.

"Is the Nut on board the launch?" asked Chéri-Bibi.

"The Nut is on board the launch," returned Pernambouc, holding out the second sack to Chéri-Bibi, and claiming from him the balance of the gold dust.