Presently Jim looked up from the chart which he had been studying, and remarked quietly:

“I think, sir, I can manage the business; but it will probably involve the destruction of a torpedo-boat, her crew, and myself! As regards myself, I am perfectly willing to take the risk; but it is for you to say whether you will spare the torpedo-boat, and I suppose it will be a question of calling for volunteers if you should decide to allow me to try my experiment.”

“Let us hear what you have to propose, Señor Douglas,” said the admiral, “and we shall then be the better able to decide whether your scheme is sufficiently promising to justify me in risking the loss of—or rather, by your own showing, throwing away—a torpedo-boat and her entire crew. Such a loss would of course be a small price to pay for the achievement of our object; but you must convince me that there is at least a possibility of success before I can consent to what you may have to suggest.” Whereupon the young Englishman described in detail what he purposed doing.

When he had finished Riveros sat back in his chair and stared fixedly at the ceiling for some minutes while he drummed upon the table with his fingers. The other officers seated round the cabin seemed divided into two parties, one party sunk in deep thought, while the other stared at the young man as though he had taken leave of his senses.

Then presently Riveros brought his fist down upon the table with a clatter that made everybody start. “By Jove! young man,” he exclaimed, “you shall try your scheme; and if you are successful—of which, however, I have very grave doubts, let me tell you—I believe I can promise that there is nothing that Chili will not do for you. Caramba! but it is a brilliant as well as a daring idea; what say you, gentlemen? Yes, Señor Douglas, you shall have the torpedo-boat Janequeo, and with her everything that you require. As for a crew, I cannot order men to go on such an expedition as you contemplate, but I believe that if you call for volunteers you will get your complement. At least, I hope so, for the honour of the Chilian navy. Now when do you propose to make your attempt?”

“Well, sir,” replied Douglas, “I am afraid that I shall require all to-night and all day to-morrow to prepare; but I have very little doubt that I shall be able to make the attempt to-morrow night.”

“Very well, then,” said the admiral, rising; “I will not detain you any longer, Señor Douglas; for, as you have hinted, you will have a good many preparations to make, and the sooner you are able to carry out your scheme the better.”

Jim wished the admiral good-night, and retired to his own cabin to snatch, if he could, a few hours’ sleep, which might very possibly prove to be the last he would ever take on earth. He left orders with the sentry that he was to be called at midnight; and accordingly at that hour he turned out, washed and dressed, and then made his way to the magazine, between which and his own cabin, with one or two intervals for meals, he was busily engaged until four o’clock in the afternoon of the next day; hearing all the time the thunder of the heavy guns rolling and reverberating over his head; for during the last few days the Blanco Encalada had herself taken part in the bombardment.

As soon as he had finished his mysterious preparations in the magazine, he went on deck and spoke a few words to the admiral. The latter listened, nodded once or twice, and then gave a certain order to the yeoman of the signals. A few minutes later a stream of brilliant-coloured flags soared aloft into the now fast-gathering gloom; and it would have taken a very sharp eye on shore to discern that the signal was briefly answered by a man on board the Janequeo, who waved a small yellow flag.

In another half-hour it had become too dark to continue the bombardment, and the usual signal of recall was made from the flagship; in response to which the furious cannonading ceased, and the ships drew away over to San Lorenzo Island, where they always assembled prior to going to sea for the night. Then, with the flagship and the Huascar leading the double line, the fleet steamed away into the offing until they were hidden from the sight of Callao behind San Lorenzo Island. But here, in response to a signal, the fleet anchored, thus departing from its usual custom of cruising to and fro during the hours of darkness.