A string of colored signal-lights had flashed out for a moment directly ahead of the Speedy, and then disappeared. The strangest thing about them was that they had been shown just above the surface of the water, instead of from a masthead, as would usually be the case on a war-ship. The Speedy had been slipping quietly along, showing her regular side lights, which, as she was of low freeboard, must also have appeared close to the water from a short distance, and might have been mistaken for a signal. Now she quickly displayed the night-signal of the American blockading fleet, as well as her own private number, but no answer came to either. By the time the Speedy's crew were at quarters it was evident, from muffled sounds borne down the wind, that the stranger was a steamer in full retreat.

"Give her a blank shot," ordered Captain Boldwood, and the words had barely left his mouth before the forward six-pounder gun had roared out its summons to halt; but the stranger paid no heed.

A solid shot, well elevated, had as little effect. By this time the despatch-boat was rushing ahead at full speed in the direction the unknown steamer was supposed to have taken. Suddenly her search-light, sweeping the black waters with a broad arc of silver, disclosed a shadowy bulk moving swiftly at right angles to the course they were taking, and heading for a beacon blaze that had sprung up on the starboard or in-shore hand.

"Port your helm!" cried Captain Boldwood. "Mr. Comly, try to disable her. Make every shot tell if possible."

Again and again the six-pounder hurled its messenger of destruction, but apparently without effect.

"Looks as though I couldn't hit the side of a barn at a hundred feet," muttered the Ensign to Ridge, who stood beside him, thrilled by the novel experience. Then he sighted his gun for a third shot, sprang back, and jerked the lanyard. A flash, a roar, a choking cloud of smoke, and then a yell from the Speedy's crew. In the glare of the search-light the fugitive steamer was seen to take a sudden sheer, that a minute later was followed by a crash, and then she remained motionless.

Instantly the Speedy was slowed down and moved cautiously towards the wreck, with busy lead marking soundings every few seconds. The beacon for which the chase had steered no longer blazed; but in a few minutes the search-light disclosed a wooded shore.

"Have a boat ready, Mr. Comly, and prepare to go on board with half a dozen men."

"Ay, ay, sir."

"May I go with you?" asked Ridge, eagerly.