Frank was as puzzled as his brother for a minute, but suddenly the meaning of this inexplicable conduct burst upon him.

"They think we are Luther Barr! The sight of the dirigible has deceived them," he cried.

"I'll bet that's the right explanation," cried Harry, "how are we to undeceive them without getting our heads shot off?"

"I have it," cried Frank, diving into his pocket and bringing out a rumpled bit of silk, "that's the old Golden Eagle flag. I saved it when we had to abandon her."

Ben seized it from the boy's hand and ran to the rail with it, waving the bit of silk furiously. Evidently the occupants of the Bolo saw and recognized it, for they stopped their threatening demonstrations and began waving furiously.

As they hovered above the Bolo, Frank shouted as much explanation as he could through the megaphone, and then told the Boloites to be ready to make fast a line. This done a tackle was rigged and one by one, amid great cheering on Billy Barnes' part, the sacks of treasure were lowered.

This task accomplished, there remained but one thing for the boys on board the dirigible to do—namely to get on board the Bolo. The gas-bag was deflated by means of the escape valve till the big dirigible was but a few feet above the Bolo, and then the adventurers slid down the rope on to the smaller vessel's deck. There being no way of transporting the dirigible, she was allowed to drift away.

What greetings, handshakings, dances and yarn spinning took place then, we will leave our readers to imagine. Early next day, after it had been agreed that two-thirds of the treasure was to be divided among Bluewater Bill, Frank and Harry, and the remainder in even parts to Billy Lathrop and Ben Stubbs, anchor was got up and the Bolo headed for the Florida coast. The young adventurers meant to head for St. Augustine and then take train to New York, sending the Bolo back to Galveston with a hired crew.

They had but one regret—the loss of the gallant Golden Eagle. How she was recovered will be related in another volume, but restored to them she was.

"I'm glad we came through with such flying colors," said Harry to Frank one evening, while the boys were all seated on the foredeck, "but I hate to think our adventures are all over."