For a few minutes it was "No bottom"; and then, suddenly, came 'Frisco Kid's cry: "Eight feet—hard!"

"Dat 'll do," French Pete commanded. "Run for'ard, you Sho, an' let go ze jib. You, Kid, get all ready ze hook."

Joe found the jib-halyard and cast it off the pin, and, as the canvas fluttered down, came in hand over hand on the downhaul.

"Let 'er go!" came the command, and the anchor dropped into the water, carrying but little chain after it.

'Frisco Kid threw over plenty of slack and made fast. Then they furled the sails, made things tidy, and went below and to bed.

It was six o'clock when Joe awoke and went out into the cockpit to look about. Wind and sea had sprung up, and the Dazzler was rolling and tossing and now and again fetching up on her anchor-chain with a savage jerk. He was forced to hold on to the boom overhead to steady himself. It was a gray and leaden day, with no signs of the rising sun, while the sky was obscured by great masses of flying clouds.

Joe sought for the land. A mile and a half away it lay—a long, low stretch of sandy beach with a heavy surf thundering upon it. Behind appeared desolate marshlands, while far beyond towered the Contra Costa Hills.

Changing the direction of his gaze, Joe was startled by the sight of a small sloop rolling and plunging at her anchor not a hundred yards away. She was nearly to windward, and as she swung off slightly he read her name on the stern, the Flying Dutchman, one of the boats he had seen lying at the city wharf in Oakland. A little to the left of her he discovered the Ghost, and beyond were half a dozen other sloops at anchor.

"What I tell you?"

Joe looked quickly over his shoulder. French Pete had come out of the cabin and was triumphantly regarding the spectacle.